Rajnath Singh reviews infrastructure requirements at borders with China, Pakistan amid tensions
PTI | New Delhi | July 7, 2020 2:47 pm
Pakistan Prime Minister Imran Khan (File Photo: IANS)
A Chinese company on Monday signed a USD 1.5 billion agreement with Pakistan to set up a hydropower project in Pakistan-occupied Kashmir (PoK) under the ambitious CPEC project. Pakistan Prime Minister Imran Khan witnessed the signing of the agreement with China Gezhouba for “Azad Pattan Hydropower Project” at a ceremony here.
The project is located in Sadhanoti district of PoK on Jhelum river and is expected to be completed in 2026.
The CPEC, which connects Gwadar Port in Balochistan with China’s Xinjiang province, is the flagship project of Chinese President Xi Jinping’s ambitious Belt and Road Initiative (BRI). Originally valued at USD 46 billion, the CPEC projects were worth USD 62 billion as of 2017.
Source: The Statesman
