Pakistan approves most expensive China-aided project…

Pakistan`s top economic body on Wednesday approved its costliest project to date as part of the multibillion-dollar China-Pakistan Economic Corridor (CPEC) agreement, giving the go-ahead for a $6.8 billion project to upgrade its railway lines, the government said.

CPEC has seen Beijing pledge over $60 billion for infrastructure projects in Pakistan, central to China’s wider Belt and Road Initiative (BRI) to develop land and sea trade routes in Asia and beyond.

Full story: https://www.wionews.com/south-asia/pakistan-approves-most-expensive-china-aided-project-to-date-318443

 

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