Three CPEC projects get swift nod on eve of PM’s China visit

ISLAMABAD: Hours before Prime Minister Shehbaz Sharif’s visit to Beijing, back-to-back meetings of various forums approved almost $12 billion worth of three major projects for inclusion in the multi-billion-dollar China-Pakistan Economic Corri­dor (CPEC) and cleared a longstanding demand by Chinese investors for escrow accounts for automatic payment of their dues against electricity supply. To set a positive atmosphere for the high-profile visit, these major decisions … Continue reading Three CPEC projects get swift nod on eve of PM’s China visit