Breaking News

CPEC projects attracted over $25b of direct investment from China: Sources

The projects under China-Pakistan Economic Corridor have attracted 25.4 billion dollars of direct investment from China during the last 10 years.

According to a senior official of the Chinese Foreign Ministry, after ten years of development, a cooperation layout has been formed, in which Gwadar Port, transport infrastructure; energy and industrial cooperation are the four key areas.

The projects under the CPEC framework have created 192,000 jobs, producing 6,000 megawatts of electric power, building 510 kilometers of highways and adding 886 kilometers to the core national transmission network.

Source: Radio Pakistan

Check Also

Pakistan Rejects CBS News Report on Iranian Aircraft at Nur Khan Airbase as Misleading

Pakistan: Pakistan has categorically rejected the CBS News report regarding the presence of Iranian aircraft at Nur Khan Airbase as misleading and sensationalized. According to Radio Pakistan, Foreign Office Spokesperson Tahir Andrabi stated that su...