30 Dec '16, 11am

CPEC project soars to Rs: 5,700 billion.

Bhasha Dam, Peshawar-Karachi railway line, Karachi Circular Railways approved; Keti Bandar, special economic zones, three energy projects in Sindh added to project; Orange Line trains for all provincial capitals ISLAMABAD: Pakistan and China have formally approved to include ML-1 Peshawar-Karachi railway line project and some infrastructure projects in the framework of the China Pakistan Economic Corridor (CPEC), jacking up its overall size from $46 billion to $54 billion (approx Rs5,700 billion) as well as establishing eight industrial estates located in all the four provinces and special areas, including Fata, AJK, Gilgit-Baltistan and Islamabad Capital Territory (ICT). On the eve of Sixth Joint Coordination Committee (JCC) meeting held at Beijing, both the sides agreed in principle to expand the list of projects for inclusion in the CPEC framework after which the overal...

Full article: http://defence.pk/threads/cpec-soars-to-rs5-700-bn.469681/

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