A Comprehensive Study of Project Risks in Road Transportation Networks under CPEC

Abstract

The China–Pakistan economic corridor (CPEC) is a collection of different ongoing projects including transportation, infrastructure, the Gwadar seaport, oil pipeline, and internet connection zone projects. The Chinese government has adopted a development strategy for infrastructure growth and investment in Pakistani and Asian territories through the CPEC project. Transportation is considered the backbone of the CPEC. In addition to the CPEC project is the linked “belt and road initiative” (BRI) project, which aims to enhance regional connectivity and is a harbinger of the future in Asia, as well as in European countries. However, uncertain situations, such as a lack of proper planning, security, and political stability, hinder the growth and development of infrastructure. Three corridors of the CPEC road transportation network, namely, the eastern, the western, and future central alignment, have been examined through a master supposition group using the Delphi technique, which has never been applied to the road transportation network in the CPEC plan. The review is designed to draw master conclusions and demonstrate an outcome for round one and two in the present work. Round one and two investigate the impact of stakeholder support, politicians’ roles, terrorism, security situations, poverty, and economic crises. Using the Delphi technique within the host country hinders the construction of the road network. The results obtained through the appraisal have justified the present potential endeavor.

Energy Efficiency in Transportation along with the Belt and Road Countries

“…Under the implementation of the "belt and road" initiative, there is much literature claiming the regional benefits of the South Asian region, but from 2013 to 2020 (the period of major developments of the six BRI corridors), the literature on the transport energy efficiency of the corridor-related countries is rather scarce. The few latest and closely related works are by Zhao et al [13], Alam et al [15], Benintendi et al [16], and Huang and Li [17]. The quantitative design of this study enables readers to understand the changes in the efficiency of BRI corridor countries after major developments.…”

Impact of Project Risk Management and Leadership Development on the Project Success with Moderating Role of Risk Manager

“…In order to survive in the present business milieu that is characterized by competitiveness, the firms need to avoid wastage of precious resources and improve the PM (Qureshi, Warraich and Hijazi, 2009). In context of China-Pakistan Economic Corridor (CPEC) road construction projects, Alam, Yin, Ali, Ali, Noor, and Jan, (2019) suggest that risks pose a significant challenge to PS due to probability of overruns, temporal lags and consequent legal issues. Thus the effect of risks on the PS is determined by the quality of PRM (Alkhlaifat, et al, 2019).…”

Risk and Security Management: Stakeholder Project Failures Illuminated by an IED occurrence at a Hydro-Power Construction Project in Pakistan

“…For example, security events that require a response from security forces that have huge impacts on local communities and personnel and infrastructure at site. Attacks on Chinese personnel and assets continues to give cause for security concern in Pakistan (Alam et al, 2019;Riaz, Mi & Fernald, 2020;Reuters, 2021).…”