Economic Corridor
An Economic Corridor is a designated area that promotes economic development through improved infrastructure, trade, and investment. It typically connects major cities, ports, and industrial zones, facilitating the movement of goods and services. By enhancing connectivity, these corridors aim to boost regional economies and create job opportunities.
These corridors often involve collaboration between governments and private sectors, focusing on transportation networks like roads, railways, and airports. Examples include the China-Pakistan Economic Corridor and the North-South Transport Corridor, which aim to enhance trade and economic ties between participating countries.