Abbreviation | IMSEZ |
---|---|
Formation | 18 July 2023 |
Location |
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The Islamabad Model Special Economic Zone (IMSEC) is a Special Economic Zone situated near Rawat, Islamabad, associated with the China-Pakistan Economic Corridor (CPEC). This represents the initial facility of its kind in the federal capital. It was inaugurated on 18 July 2023, with the foundation stone laid by Prime Minister Shehbaz Sharif. [1] [2]
The zone covers an area of more than 1,000 acres of prime industrial area at the junction of N-5 National Highway and Islamabad Expressway. It is anticipated to attract investments amounting to $2.5 billion and create around 1,000 job opportunities. Additionally, one of its goals is to foster the growth of low-carbon footprint industries in the country. [3]
Transport in Pakistan is extensive and varied. In recent years, new national highways have been built, with the addition of motorways which have improved trade and logistics within the country. Pakistan's rail network is also undergoing expansion in recent years. Airports and seaports have been built with the addition of foreign and domestic funding. Transportation challenges in Pakistan are escalating due to poor planning, inadequate governance, and corrupt practices.
Gwadar is a port city on the southwestern coast of the Pakistani province of Balochistan. The city is located on the shores of the Arabian Sea, opposite Oman and has a population of over 90,000, according to the 2017 census. It was an overseas possession of Oman from 1783 to 1958. It is about 120 km (75 mi) southwest of Turbat. The sister port city of Chabahar in Iran's Sistan ve Baluchestan province is about 170 km (110 mi) to the west of Gwadar. On 2 April 2021, it was declared the winter capital of Balochistan.
The Gwadar Port is situated on the Arabian Sea at Gwadar in Balochistan province of Pakistan and is under the administrative control of the Maritime Secretary of Pakistan and operational control of the China Overseas Port Holding Company. The port features prominently in the China–Pakistan Economic Corridor (CPEC) and is considered to be a link between the Belt and Road Initiative and the Maritime Silk Road projects. It is about 120 kilometres (75 mi) southwest of Turbat, and 170 kilometres (110 mi) to the east of Chabahar Port.
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Islamabad International Airport is an international airport serving Islamabad, the capital city of Pakistan and Rawalpindi. It is located 25 km (16 mi) south-west of the city, and is directly connected to the Lahore and Peshawar motorways as well to the capital city Islamabad via Srinagar Highway.
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Azerbaijan–Pakistan relations refer to bilaterial relations between the Republic of Azerbaijan and the Islamic Republic of Pakistan. Pakistan has an embassy in Baku and Azerbaijan has an embassy in Islamabad. Both countries are enhancing contact between their respective capitals. The two nations are considered "strategic partners".
The M-5 motorway, also known as Multan–Sukkur Motorway, is a north–south motorway in Pakistan, which connects Multan with Sukkur. The motorway is a 392 km long, high-speed, controlled-access, six-lane motorway that forms part of the China-Pakistan Economic Corridor. It is currently the longest motorway in Pakistan.
China–Pakistan Economic Corridor is a 3,000 km Chinese infrastructure network project currently under construction in Pakistan. This sea-and-land-based corridor aims to secure and shorten the route for China’s energy imports from the Middle East, avoiding the existing path through the Straits of Malacca between Malaysia and Indonesia, which could be blockaded in case of war, thereby threatening China’s energy-dependent economy. Developing a deep-water port at Gwadar in the Arabian Sea and establishing a robust road and rail network from this port to the Xinjiang region in western China would serve as a shortcut, enhancing trade between Europe and China. In Pakistan, the project aims to address electricity shortages, develop infrastructure, and modernize transportation networks, while also transitioning the economy from an agriculture-based structure to an industrial one.
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Lieutenant General Asim Saleem BajwaHI(M) TBt is a retired Pakistani three-star general who served as the chairman of China-Pakistan Economic Corridor Authority from November 2019 to August 2021 and the special assistant to then Prime Minister Imran Khan on the Ministry of Information and Broadcasting from 28 April 2020 to 12 October 2020. On 11 December 2016, Bajwa was appointed as Inspector General Arms at GHQ, where he served until his appointment to the position of Commander Southern Command and XII Corps in September 2017. Previously, he also served as Director General of the ISPR from 2012 to 2016.
The Margalla Avenue or Margalla Expressway is a 33-kilometer six-lane highway in the Margalla Hills area in the suburbs of Islamabad, Pakistan. It was planned in 1966, but work on it was stalled till 2021. The road is an alternative to the Srinagar Highway, and provides easy access of the tenth and eleventh sectors of Islamabad to the N-5 National Highway. This road is a crucial section of the larger Rawalpindi Ring Road project as it connects the town of Sangjani to the town of Barakahu.
The premiership of Shehbaz Sharif began on 11 April, 2022 after he was nominated as a candidate for Prime Minister of Pakistan by opposition parties following a vote of no confidence in then-Prime Minister Imran Khan during the 2022 Pakistani constitutional crisis. He was sworn in as prime minister by Senate Chairman Sadiq Sanjrani while acting as president on behalf of Arif Alvi. Sharif remained in office until 14 August 2023, when he stepped down for a caretaker government to participate in the 2024 general election. After a heavily contested election, Sharif was re-elected as prime minister on 4 March 2024, defeating the PTI-backed Omar Ayub Khan.
The 2022–2024 Pakistan political unrest is series of political crises after the ousting of former prime minister Imran Khan through a no-confidence motion at 12 p.m., 10 April 2022. The crises began in 2022 when the opposition joined hands and submitted a no-confidence motion against Imran Khan's government in the National Assembly. Prime Minister Imran Khan urged the Pakistani establishment not to stay neutral and play its role to save his government and not let historical rival politicians with alleged corruption charges take over, but the establishment refused.
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