Approved doesn't mean anything in Pakistan. We even have a bullet train approved by our PM, along with international airports in Swat, Kohat, Banu and larkana. Another train from Pindi to AJK and the list goes on and on.
Honestly, CPEC is a lost opportunity. Pakistan spent nothing on human development therefore lacks skilled workforce. Cost of doing business is so high it is beyond imagination how we'll produce anything that anyone will buy internationally.
I can't think of single country who built roads through borrowing 50 billion from china in addition to another 13 billion externally in last 4 years.
Fiscal deficit = High
Trade balance = Negative
Direct Investment = Lowest since Musharraf time
GDP growth = Weak even after all the numberfudding by Dar
Tax Collection Targets = Not achieved
Exports = Negative in decade
Agriculture = 1st negative growth in history of Pakistan
External borrowing (last 4 yrs) = Record High
Internal Borrowing (last 4 yrs) = Outrageous
Unemployment = Raised
Inflation = Still exist even with record low crude prices
And biggest indicator of all is the fact that our FM Dar with his begging-bowl talking to IMF in Dubai right now, asking for another loan program!!!!!!!!!!!!!!!!!