CPEC: AN ANALYSIS OF THE PROSPECTS AND OPPERTUNITIES FOR HAZARA DIVISION

Abstract

CPEC is the part of Belt and Road Initiative project of China which passes through Pakistan. This project has been started by China to develop its western part and to boost its developmental process. It is aimed at regional connectivity for utilizing the resources and the potentials of the region. This research is aimed at probing the implications for Pakistan in general and Hazara region in Particular. Th research tries to answer the question that what are the prospects and opportunities for Pakistan especially for Hazara region. Keeping in view the geography and culture of Hazara, the study is qualitative and descriptive Analytical method is used to seek answers to the research questions. Primary sources mostly include and secondary sources have been used to the objectives Set by the researcher. The study concludes that the project will boost the economic development in Pakistan. It will improve the infrastructure, accelerate industrialization, and reduce unemployment in Pakistan and resultantly the living standards of the people of the country in general and that of Hazara region in Particular.