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at a cost of US$ 8 billion, of which US$ 5.5 billion would be a concessional loan from China while Asian Development Bank (ADB) would contribute remaining US$ 2.5 billion for the project.
CPEC project was initiated by P.M Nawaz sharif in 2013 june when he visited china even before the appointment of Gen. Raheel sharif as army chief but here some want to give credit of each and every thing to any one except nawaz sharif thanks to all these people
do u know the different between concept and implementation?If you knew anything, the project known as CPEC today was initiated back in 2005-2006 by Pakistan with China. Back then China wasn't ready.
another POTI looser spotted .......cpec project was initiated long envisioned before nawaz however i agree with the rest and thank you raheel sharif for making the "pakistani army" guaranteer of this project
really !!!!!CPEC project was initiated by P.M Nawaz sharif in 2013 june when he visited china even before the appointment of Gen. Raheel sharif as army chief but here some want to give credit of each and every thing to any one except nawaz sharif thanks to all these people
do u know the different between concept and implementation?
its Pakistan's project by Pakistan's Gov appreciate it or f**k off...
another POTI looser spotted .......
whats gunja got to do with it except kickbacks?/////////////?//////////???????Long Live Pakistani Prime Minister Nawaz Sharif.
do u know the different between concept and implementation?
its Pakistan's project by Pakistan's Gov appreciate it or f**k off...
another POTI looser spotted .......
ISLAMABAD (APP): The upgradation and dualization of Pakistan railway’s main line track (ML1) from Karachi to Torkham, at a cost of US$ 8 billion, would pave way to run fast moving trains in the country.
Pakistan and China have agreed to upgrade main line (ML1) to be completed in next five years, would help provide an infrastructure to run fast moving trains in future, a senior official in the Ministry of Planning, Development and Reforms said here on Wednesday.
The Pakistan Railway would carry out upgradation and dualization of main line track from Karachi to Torkham, at a cost of US$ 8 billion, of which US$ 5.5 billion would be a concessional loan from China while Asian Development Bank (ADB) would contribute remaining US$ 2.5 billion for the project.
He said, the “ML1 is used for 75 percent traffic but infrastructure and equipment on this line has not been improved since long which has resulted in decrease of railway speed from 120 to 60 KM per hour.
The upgradation of the ML1 would not only improve existing railway infrastructure and increase the current speed up to three times but would also support modern fast movement trains.
The cost of passengers and cargo service has increased due to low speed, he said and added, Pakistan railways would be expanded.
He said, Quetta-Peshawar and Havilian-Khunjrab would be linked through railway in the next phase to be started after this upgradation.
During a recent meeting between Pakistani and Chinese officials held in Beijing, both sides expressed satisfaction over cooperation in railways projects including the ML1 (Karachi-Peshawar) railway project and China and discussed ways of its speedier implementation.
Both sides agreed that the railway network project formed the backbone of China-Pakistan Economic Corridor (CPEC) communications infrastructure projects and was of particular significance to regional connectivity.
Both countries also shared the vision for developing effective railway system from Kashghar to Gwadar which would provide a cost competitive mode of transportation and instant connectivity to China for transportation of goods.
The official said, railways transportation is a critical element of connectivity between Pakistan and China, adding, the implementation of railways projects would have a tremendous impact on socio-economic development of the region.
Torkham? I see this connecting to Afghanistan?
All other neighbours are connected via railway lines in Afghanistan, only Pakistan is to be connected as well.