Economic corridors connect economic agents along a defined geography. They provide important connections between existing economic nodes or hubs that are usually exist in the regions. They do not stand alone, as their role in regional economic development can be comprehended only in terms of the network effects that they induce.
What economic corridors can achieve for regional economic integration depends first on what characteristics the specific existing economic networks in which the economic corridors are embedded personify, and second on which characteristics corridor development are intended to introduce or strengthen. Corridor characteristics interact dynamically to create patterns of regional economic development. Models that make this interaction explicit have combined elements of the New Economic non-linear Geography.
China Pakistan Economic Corridor has a significant value in the successful application of corridor development approaches in regional cooperation and integration. It will play an important role not only in the economic development but also in uplifting of quality of life of the populace attached to it. With its designed methodology, it is going to be an example of enrichment with a blend of prosperity for its stakeholders.