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

Author

Listed:
  • Sajjad Alam

    (School of Economics and Management, Hebei University of Technology, Tianjin 300401, China)

  • Zhijun Yin

    (School of Economics and Management, Hebei University of Technology, Tianjin 300401, China)

  • Ahmad Ali

    (School of Electronics and Information Engineering, Hebei University of Technology, Tianjin 300401, China)

  • Sikander Ali

    (School of Electrical Engineering, Hebei University of Technology, Tianjin 300401, China)

  • Abdul Noor

    (School of Artificial Intelligence, Hebei university of Technology, Tianjin 300401, China)

  • Nadeem Jan

    (School of Economics and Management, Zhongnan University of Economics and Law, Wuhan 430000, China)

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.

Suggested Citation

  • Sajjad Alam & Zhijun Yin & Ahmad Ali & Sikander Ali & Abdul Noor & Nadeem Jan, 2019. "A Comprehensive Study of Project Risks in Road Transportation Networks under CPEC," IJFS, MDPI, vol. 7(3), pages 1-13, July.
    • Handle: RePEc:gam:jijfss:v:7:y:2019:i:3:p:41-:d:251841
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    References listed on IDEAS

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    1. Beyazit, Eda, 2015. "Are wider economic impacts of transport infrastructures always beneficial? Impacts of the Istanbul Metro on the generation of spatio-economic inequalities," Journal of Transport Geography, Elsevier, vol. 45(C), pages 12-23.
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    Cited by:

    1. Mukhtar, Arshia & Zhu, Ying & Lee, You-il & Bambacas, Mary & Cavusgil, S. Tamer, 2022. "Challenges confronting the ‘One Belt One Road’ initiative: Social networks and cross-cultural adjustment in CPEC projects," International Business Review, Elsevier, vol. 31(1).
    2. Sajjad Alam & Jianhua Zhang & Naveed Khan & Wen Dandan, 2024. "Mechanism of green and knowledge process toward minimizing innovation risks: A direct and configuration approach," Business Strategy and the Environment, Wiley Blackwell, vol. 33(8), pages 7750-7767, December.
    3. Usman Akbar & József Popp & Hameed Khan & Muhammad Asif Khan & Judit Oláh, 2020. "Energy Efficiency in Transportation along with the Belt and Road Countries," Energies, MDPI, vol. 13(10), pages 1-20, May.
    4. Elena Aleksandrovna Egorycheva & Nataliya Valerievna Dyuzheva & Andrey Vladimirovich Girinskiy & Ekaterina Petrovna Makarova Korobeinikova, 2020. "China-Pakistan Economic Corridor (CPEC) as a Flagship of Chinese Belt and Road Initiative," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 353-363.

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