Cooperation expand in CPEC

Source:Global Times Published: 2017/12/18 21:58:39

Pakistan has planned to officially launch the long term plan of the China-Pakistan Economic Corridor (CPEC) on Monday, media reports said.

The plan will expand the scope of cooperation in various new sectors such as social sectors, economic field, infrastructure, education and health, Pakistan Observer reported Monday.

Pakistan has to pay 1 or 2 percent interest on concessional loans given by the Chinese government for execution of the CPEC's related projects.

The 3,000-kilometer corridor is a flagship project of China's Belt and Road initiative and worth more than $50 billion.

Posted in: COMPANIES

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