Clarification on CPEC

Latest Pakistan Political Economic News

A leading local newspaper ran an article on 26th August 2020“CPEC hits financial snag?”

The Chairman of CPEC Authority, Lt-Gen Asim Bajwa (retd), clarified through a tweet that during the last two months, the largest single project under China Pakistan Economic Corridor (CPEC), ML-1, envisaging total reform of Pakistan Railway and Kohala (1124MW) and Azad Patan (700MW) hydel projects amounting to $10.9 billion have been signed/committed, “which clearly expresses the commitment shown by both Chinese & Pakistani governments and their private sectors including banks in both the countries.”

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