Summary
- Gwadar port was meant to be a centerpiece of the China-Pakistan Economic Corridor (CPEC) under the Belt and Road Initiative (BRI), but it has not lived up to expectations.
- Lack of investment, limited infrastructure, and technical capacity have hindered Gwadar’s performance.
- Political and economic instability in Pakistan, along with security concerns, have also impacted the progress of CPEC.
- China may have miscalculated its investments in Pakistan, leading to unsustainable debt and revenue imbalances.
