China has decided to increase investment $ 8.5 billion in Pakistan.
Federal government has secured an additional $ 8.5 billion $ investment from Beijing as part of a joint energy between the two countries, and transport, and plan infrastructure.
This is on top of the economic corridor project billion $ 46 China and Pakistan (CPEC), which focuses on roads and energy infrastructure construction to end the chronic shortage of electricity in Pakistan and to link China’s landlocked north-west with a deep-water port of Gwadar on the Arabian Sea.
Some $ 4.5 Billion additional investment to raise the level of the signal paths, on the rail line from Karachi to Peshawar and increase the speed on the line of 160 km per hour from the current 60-80kph.
He added another $ 4000000000 will go in the direction of a liquefied natural gas and transportation lines. This is now all that has been approved, so this is an additional amount of $ 8.5 billion to $ 46 billion we already had, so we are now close to $ 55 billion.