This is the Gilgit Baltistan part of China Pakistan Economic Corridor (CPEC). Gilgit-Baltistan will be drawing benefit from the multibillion dollar project as an exclusive economic zone has been dedicated for the region.
This is the Gilgit Baltistan part of China Pakistan Economic Corridor (CPEC). Gilgit-Baltistan will be drawing benefit from the multibillion dollar project as an exclusive economic zone has been dedicated for the region.
If all goes well and on schedule, of the 21 agreements on energy– including gas, coal and solar energy– 14 will be able to provide up to 10,400 megawatts (MW) of energy by March 2018, to make up for the 2015 energy shortfall of 4,500MW. According to China Daily, these projects should provide up to 16,400MW of energy altogether.
Businessmen like Milad-us-Salman, a resident of Gilgit-Baltistan who exports fresh fruits like cherries, apricots and apples, is hoping that CPEC will be a game-changer for the region. So far, the carefully packaged truckloads of fruit traverse the rundown Karakoram highway to reach the national capital Islamabad, from where they are flown to Qatar, Abu Dhabi and Dubai.
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