Introduction
China-Pakistan Economic Corridor’s (CPEC) status as Pakistan’s flagship economic project continues to grow. Intellectual debate on CPEC has developed considerably since its inception in April, 2015. As these discussions continue to expand our understanding of CPEC, the imple mentation stage of projects is fast progressing. At the same time, it also continues to evolve as priorities are adjusted and new additions to CPEC are incorporated. The value of CPEC projects portfolio is now said to have reached $62 billion from its initial $45 billion In the CPEC Monitor by PRIME Institute, we present updates on this critical endeavour. We primarily focus on the progress status of CPEC projects, their func tional modalities and financial structure. We also highlight new institutional developments that government of Pakistan has set in place.
