Pakistan waives off bidding condition for CPEC projects

[war&peace]

This is unfortunate step. Whoever we are dealing, transparency and competition has to be maintained but what can you expect from Pakistan's most corrupt govt. Providing a legal cover to corruption under the pretext of CPEC is a disgusting move. I think it's high time for people of Pakistan to demand total transparency over CPEC project and details of the agreement should be made public. No more fooling around.

 

[aamerjamal]

The proposed 19km expressway will be constructed at an estimated cost of $140 million and connect the Gwadar Port with the Makran Coastal Highway, passing along the Eastbay of Gwadar city. Since China is providing interest free loan for the project, the contracts will be awarded in government-to-government mode, waiving off the condition of international competitive bidding. However, there will still be a competition among Chinese state-owned companies and Beijing has forwarded a set of three names.
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I think This gives a complete overview of the pic......