China to assist Pakistan in infrastructure development projects

[Edevelop]

ISLAMABAD: Pakistan and China have embarked upon an extensive programme for infrastructure development in Pakistan. Sources in the Ministry of Planning and Development said a number of projects were at different stages of planning and execution. Funding for them would be made by China Development Bank, Export Import Bank of China and other financial institutions.These projects include Karakorum Highway Phase-II from Raikot to Islamabad. This four hundred eighty-seven kilometers portion will be built at a cost of Rs 379 billion. Multan-Sukkur section of Karachi-Lahore Motorway would be constructed at a cost of Rs 246 billion. The project is likely to be initiated this year. There is also a plan for rehabilitation and up gradation of 1,736 kilometers long Karachi-Lahore-Peshawar railway track. It will cost $3.65 billion. These projects will be completed by the end of 2017. A dry port would be constructed at Havelian at a cost of $40 million, sources added.

China to assist Pakistan in infrastructure development projects

 

[wuhui9221]

 

[Sulman Badshah]

Long live Pak china friendship

 

[SBD-3]

ISLAMABAD: Pakistan and China have embarked upon an extensive programme for infrastructure development in Pakistan. Sources in the Ministry of Planning and Development said a number of projects were at different stages of planning and execution. Funding for them would be made by China Development Bank, Export Import Bank of China and other financial institutions.These projects include Karakorum Highway Phase-II from Raikot to Islamabad. This four hundred eighty-seven kilometers portion will be built at a cost of Rs 379 billion. Multan-Sukkur section of Karachi-Lahore Motorway would be constructed at a cost of Rs 246 billion. The project is likely to be initiated this year. There is also a plan for rehabilitation and up gradation of 1,736 kilometers long Karachi-Lahore-Peshawar railway track. It will cost $3.65 billion. These projects will be completed by the end of 2017. A dry port would be constructed at Havelian at a cost of $40 million, sources added.

China to assist Pakistan in infrastructure development projects

Infrastructure is the key to growth as it connects regions, eliminates waste and helps efficient allocation and mobility of resources within and across regions.Economic Infrastructure is the best stimulus for stable and sustainable economic growth.