Really? I was not aware there were any immediately obvious results from CPEC project. The big military hat for a train operator seems very strange. You will not find that in China anymore except actual military officers.
Is Pakistan mostly a textile producing nation? With EU sanctions looming or at least ever present as a threat, how do you feel Pakistan will deal with industrial and economic realities that are looming - automation, increased manufacturing moving to places like Thailand, Bangladesh, Vietnam, and Philippines... even India, rather than Pakistan. What are Pakistan's plans for making money and developing industries in the future? Which industries are likely? I personally doubt CPEC can be much more than a pit stop and one route between China and Europe. Pakistan may make some change from ports and servicing the trade but it has quite a population to feed and provide jobs for just to get onto the path of development.
The immediate changes are highways, train, buses, cheaper higher quality Chinese cars, couple other things not necessarily representing the economic changes per se but just the opening up of the market to china
It was a textile country but late 2000s energy crisis/ WOT shifted those industries to the countries you mentioned
Now it's agriculture, IT service exports, some manufacturing, economy is relying on service sector to survive nowadays
I have seen government focusing on IT sector and it has definitely grown and has potential, manufacturing in SEZ (but I feel it's a lost cause as our electricity is too expensive), Agricultural reforms with tech since it was a breadbasket of SA throughout history and has potential to export food to other rich countries, Pharmaceutical companies have seen growth in recent years due to governmental focus thier
I 95% agree with you on CPEC but if it actually ended up like how you and I predict, I don't think 60$ billion debt would be worth it for a country like Pak and will effectively make it a debt trap as there'll be no way to pay back that money
This is sad " report card" I guess since our economic model was shared with S Korea in 60s (who to thier credit copied it effectively) with expectations of us being the Asian tigers but than the growth stopped when a Psuedo cammunist showed up and nationalized the industry stopping the growth