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Risk assessment of China-Pakistan Fiber Optic Project (CPFOP) in the light of Multi-Criteria Decision Making (MCDM)
Affiliation:1. Department of Management Science, Ghulam Ishaq Khan Institute of Engineering Sciences & Technology, Topi, Swabi, KPK, Pakistan;2. Department of Management Sciences, GIK Institute of Engineering Sciences and Technology, Pakistan;3. MS in Engineering Management, Department of Management Science & Humanities, Ghulam Ishaq Khan Institute of Engineering Sciences & Technology, Pakistan;4. University of Naples “Parthenope”, Department of Engineering, Isola C4, Centro Direzionale Napoli, Italy;5. Online Repository Manager, National Centre for Research Methods (NCRM), University of Southampton, Highfield, Southampton SO17 1BJ, UK;1. Department of Chemistry, Faculty of Sciences, Universidad de Burgos, Plaza Misael Bañuelos s/n, 09001 Burgos, Spain;2. Department of Mathematics and Computation, Faculty of Sciences, Universidad de Burgos, Plaza Misael Bañuelos s/n, 09001 Burgos, Spain;1. Department of Physics, Faculty of Science, University of Maroua, P.O. Box 814, Cameroon;2. Department of Physics, Chemistry and Mathematics, Alabama A&M University, Normal, AL 35762-7500, USA;3. Department of Mathematics and Statistics, Tshwane University of Technology, Pretoria 0008, South Africa;4. Department of Physics, Faculty of Science, University of Ngaoundere, P.O. Box 454, Cameroon;5. School of Electronics and Information Engineering, Wuhan Donghu University, Wuhan 430212, People''s Republic of China;6. Department of Mathematics, Faculty of Science and Arts, Yozgat Bozok University, 66100 Yozgat, Turkey;7. Science Program, Texas A&M University at Qatar, PO Box 23874, Doha, Qatar
Abstract:The China-Pakistan Economic Corridor (CPEC) is considered as an excellent breakthrough for improving the economic and security situation in the region. The estimated worth of CPEC is 62$ billion which is comprising of 49 developmental projects. China-Pakistan Fiber Optic Project (CPFOP) is one of the core projects among these, which will deliver safe route of voice traffic between both countries. CPFOP is greatly beneficial in terms of enhanced security and revenue generation. Currently, Pakistan’s international connectivity is via submarine cables. CPFOP will provide an alternative route for international telecom traffic and also assist in achieving the rapidly growing internet traffic demand in Pakistan. It is estimated that 17 million people will get benefit from this project. However, every project has some undesirable impacts. The aim of this research paper is twofold; 1st to trace out the pros and cons of CPFOP. 2ndly, performing a risk assessment of CPFOP by using Fuzzy VIKOR technique. This approach will help in prioritizing a list of failure modes of Fiber Optic Cable (FOC). Lastly, this paper will help authorities for optimizing and safeguarding national interest in the wake of CPFOP.
Keywords:CPEC  CPFOP  Pros and cons  Risk assessment  Fuzzy VIKOR  CPEC"}  {"#name":"keyword"  "$":{"id":"k0035"}  "$$":[{"#name":"text"  "_":"China-Pakistan Economic Corridor  CPFOP"}  {"#name":"keyword"  "$":{"id":"k0045"}  "$$":[{"#name":"text"  "_":"China-Pakistan Fiber Optic Project  FOC"}  {"#name":"keyword"  "$":{"id":"k0055"}  "$$":[{"#name":"text"  "_":"Fiber Optic Cable  OBOR"}  {"#name":"keyword"  "$":{"id":"k0065"}  "$$":[{"#name":"text"  "_":"One Belt  One Road  ICT"}  {"#name":"keyword"  "$":{"id":"k0075"}  "$$":[{"#name":"text"  "_":"Information and Communication Technologies  TAE"}  {"#name":"keyword"  "$":{"id":"k0085"}  "$$":[{"#name":"text"  "_":"Trans-Asia Europe  MCDM"}  {"#name":"keyword"  "$":{"id":"k0095"}  "$$":[{"#name":"text"  "_":"Multi-Criteria Decision Making  VIKOR"}  {"#name":"keyword"  "$":{"id":"k0105"}  "$$":[{"#name":"text"  "_":"VlseKriterijumska Optimizacija I Kompromisno Resenje  HEC"}  {"#name":"keyword"  "$":{"id":"k0115"}  "$$":[{"#name":"text"  "_":"Higher Education Commission  GB"}  {"#name":"keyword"  "$":{"id":"k0125"}  "$$":[{"#name":"text"  "_":"Gilgit Baltistan  SCO"}  {"#name":"keyword"  "$":{"id":"k0135"}  "$$":[{"#name":"text"  "_":"Special Communication Organization  EIC"}  {"#name":"keyword"  "$":{"id":"k0145"}  "$$":[{"#name":"text"  "_":"East India Company  GDP"}  {"#name":"keyword"  "$":{"id":"k0155"}  "$$":[{"#name":"text"  "_":"Gross Domestic Product  NATO"}  {"#name":"keyword"  "$":{"id":"k0165"}  "$$":[{"#name":"text"  "_":"North Atlantic Treaty Organization  DM"}  {"#name":"keyword"  "$":{"id":"k0175"}  "$$":[{"#name":"text"  "_":"Decision Matrix  WF"}  {"#name":"keyword"  "$":{"id":"k0185"}  "$$":[{"#name":"text"  "_":"Weighted Factor  IMEWE"}  {"#name":"keyword"  "$":{"id":"k0195"}  "$$":[{"#name":"text"  "_":"India-Middle East-Western Europe  FMEA"}  {"#name":"keyword"  "$":{"id":"k0205"}  "$$":[{"#name":"text"  "_":"Failure Mode and Effect Analysis  AHP"}  {"#name":"keyword"  "$":{"id":"k0215"}  "$$":[{"#name":"text"  "_":"Analytical Hierarchy Process  ANP"}  {"#name":"keyword"  "$":{"id":"k0225"}  "$$":[{"#name":"text"  "_":"Analytical Network Process  DEMATEL"}  {"#name":"keyword"  "$":{"id":"k0235"}  "$$":[{"#name":"text"  "_":"Decision Making Trial and Evaluation Laboratory  TOPSIS"}  {"#name":"keyword"  "$":{"id":"k0245"}  "$$":[{"#name":"text"  "_":"Technique for Order Preference by Similarity to Ideal Solution  DOS"}  {"#name":"keyword"  "$":{"id":"k0255"}  "$$":[{"#name":"text"  "_":"Daniel Of Service
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