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Impact of CPEC Transit Routes on Environmental Sustainability: A Case of Global Oil Supply to China

Author

Listed:
  • Sajid Nazir

    (Coventry University, UK)

  • Khawaja Masood Raza

    (Institute of Business Management, Pakistan)

Abstract

Transit routes play a significant role in the transportation of goods and services in a supply chain. A short and safe transit route improves overall transport efficiency and environmental sustainability while reducing logistical costs. Since China's need of oil is increasing day by day, the logistics service providers (LSPs) continually seek a quick and safe transit route for faster demand response time with a low price. China Pakistan Economic Corridor (CPEC) is a new hope for LSPs for the supply of oil and other goods to China with a short and safe transit route. The traditional sea routes of oil supply are very long and time-consuming. However, through the development of CPEC, the results have shown a massive decline in route distance, delivery time, and cost that will help the LSPs with continuous supply with low costs and promoting environmental sustainability.

Suggested Citation

  • Sajid Nazir & Khawaja Masood Raza, 2022. "Impact of CPEC Transit Routes on Environmental Sustainability: A Case of Global Oil Supply to China," International Journal of Circular Economy and Waste Management (IJCEWM), IGI Global, vol. 2(1), pages 1-11, January.
    • Handle: RePEc:igg:jcewm0:v:2:y:2022:i:1:p:1-11
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