CPEC is no doubt a great project between two great and strong countries of South Asia. This project will open new gates for trade and transportation of cargo. New cargo routes are being laid by both countries to promote trade between two nations and cargo business with not only each other but other neighboring nation also. CPEC gives the opportunity to refresh the infra structure in both countries. Agreements are dually signed by the officials of the both sides. Road routes and railway routes are also the major part of this vast project.
China is going to use road routes of Pakistan for its benefits and Pakistan wants to refurnish its railway setup for upcoming cargo business with not only china but nations beyond china borders such as Russia and other destinations.
Pakistan, under CPEC agreement is focusing on new railway tracks and routes and on purchase of new locomotives for this new upcoming cargo business. Recently, Pakistan has purchased new railway engines, reached Pakistan last week, going to be used for its cargo routes in between China and Pakistan and for other cargo detonations.
Railway of any country is the major part of transportation of goods from one place to the other place inland and out land due to its feasible route tracks and its freight rate is very cheap on the same hand. It is also quick source of transportation of goods if we compare it with sea cargo transportation. Pakistan is moving in right direction in this sense to strengthen the railway set up to promote its cargo business with different nations. CPEC will bring new opportunity for countries beyond China border to get cargo business or trade by using this route.
As we discussed above that new locomotives and railway engines have just arrived in the country, it shows that Pakistan ministry of railway has keen eye on this new business game that is going to be set in between China and Pakistan under the agreement of CPEC. New railway lines across the borders are being laid to avail the fruits of this new cargo route. The best thing of this CPEC agreement is that the infrastructure of both countries is moving towards betterment.
Pakistan has given its best port to chine to use and in response, china has also shown its interest in the economy of Pakistan and taken bold step to stable the economy of Pakistan. China is refreshing the infrastructure of Pakistan, power plants have been fixed and worked to promote industrial boost once again with the cooperation of China.
Russia is also interested in investment in Pakistan due to this mega project and by this project, both distant countries are in the vicinity of each other and both are well aware of it and want to use it for trade and cargo business in near future.