ISLAMABAD: This is apropos a Business Recorder news item "CPEC hits financial snag?" carried by the newspaper on August 26, 2020. The Chairman of CPEC Authority, Lt-Gen Asim Bajwa (retd), has clarified through a tweet that during the last two months, the largest single project under China Pakistan Economic Corridor (CPEC), ML-1, envisaging total reform of Pakistan Railway and Kohala (1124MW) and Azad Patan (700MW) hydel projects amounting to $10.9 billion have been signed/committed, "which clearly expresses the commitment shown by both Chinese & Pakistani governments and their private sectors including banks in both the countries."
Copyright Business Recorder, 2020
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