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Route of PCEC having China’s $45b investment pledge not to be changed: N-85, M-8 to connect Gawadar

byCustoms Today Report
13/02/2015
in Business
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Islamabad—Federal Minister for Planning and Development Chaudhry Ahsan Iqbal rejected all rumors regarding any change in route of Pakistan-China economic corridor, and said the implementation of N-85 and M-8 projects would be made to connect the Gawadar through land route.

The Chinese government in a groundbreaking agreement last November had committed to invest over $45 billion in China-Pak Economic Corridor (CPEC) which will connect Gwadar with Chinese city of Kashgar in the Xinjiang autonomous region, through highways, rail link and oil-gas pipelines.

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The minister said the enemies of Pakistan are afraid of progress of the country. He said the project will be implemented gradually. He said efforts are being made to make the project disputed. On the occasion Maulana Fazlur Rehman said he assures that no change in the route of the Pak-China Economic Corridor would be brought and all conspiracies against the project would be foiled and it would be completed. He said all the rumours regarding the change of route are baseless. Ahsan Iqbal said the prime minister has directed to complete the Lawari Tunnel project in two years.

 

 

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