Pakistan News

Pakistan eyes another $42 bln investment from Beijing under CPEC, Said Fawad Ch

Pakistan’s all-weather and time-tested friend China has expressed willingness as Chinese ambassador to Pakistan stated that Beijing was open to changes proposed by the Pakistan Tehreek-e-Insaf-led (PTI) federal govt.


In his interview to Reuters, Yao Jing said that China would definitely follow Pakistan’s agenda to work out the roadmap fot BRI projects based on mutual consultation.


“It constitutes a process of discussion with each other about this kind of model, about this kind of roadmap for the future,” Yao said.


Beijing would only proceed with projects that Pakistan wanted, he added. “This is Pakistan’s economy, this is their society,” Yao said.


Fawad Ch—while responding to a question that whether there was any project that govt had decided to freeze—stated that Pakistan has decided to expand the scope of CPEC by inviting investments from other countries. He made it overlty clear that not even a single project has been frozen by incumbent govt.


Fawad added that Pakistan was anticipating another additional $42 bln in terms of investment from China.


“We will complete all projects signed by Pakistan Muslim League Nawaz’s govt with China under landmark China Pakistan Economic Corridor (CPEC)”, Fawad was quoted as saying.

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