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CPEC & Gawadar Port Development and Its Impact on Supporting Industries
Corresponding Author(s) : Madiha Kamal
WORLDWIDE JOURNAL OF RESEARCH,
Vol. 1 No. 3 (2020): Volume 1 Number 3
Abstract
The aim of this study was to explore the supporting industries of CPEC and Gwadar port development and to find out the financial benefits that could be achieved from Railways and Power generation as a subproject of CPEC and Gwadar port development. The study was conducted by use of financial models. Financial models were created as the base models of two separate industries which are interconnected i.e. railways and power generation. The data collected for base models was from the financial reports of PEPCO, Pakistan Railways, and Civil Aviation authority for passenger traveling and from previous studies. The analysis clearly indicated that Railways and Power generation are not only essential for the economy of Pakistan to grow but at the same time, they are the two most revenue generating industries. Both of the projects regarding railways and power generation can break-even with the first two years of its operations. And will continue to generate revenues in future. The study also concluded that if Pakistan does not get serious in the completion of CPEC and Gwadar Port development project it will lose its importance internationally. The study is useful for the analysis of maximum revenue generation from the railways and power generation. In the case of further development in up-gradation of railways and power sector, the financial models used in this study can be helpful in further determining the financial benefits that could be achieved from further investments.
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