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Pakistan will invest 150 billion rupees to build Karachi project

  • Categories:Zhongrui News
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  • Time of issue:2019-05-28 15:15
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(Summary description)According to Pakistan’s “Forum Express” reported on September 16, this Tuesday, Sindh’s Chief Minister Hussein said that Bilawal Buto Zardari, the chairman of the Pakistani People’s Party, announced that he would invest 150 billion rupees (about 1.5 billion U.S. dollars). The package of plans to build Karachi. Biravare said that all projects in the program will be completed within three years.

Pakistan will invest 150 billion rupees to build Karachi project

(Summary description)According to Pakistan’s “Forum Express” reported on September 16, this Tuesday, Sindh’s Chief Minister Hussein said that Bilawal Buto Zardari, the chairman of the Pakistani People’s Party, announced that he would invest 150 billion rupees (about 1.5 billion U.S. dollars). The package of plans to build Karachi.

Biravare said that all projects in the program will be completed within three years.

  • Categories:Zhongrui News
  • Author:
  • Origin:
  • Time of issue:2019-05-28 15:15
  • Views:
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According to Pakistan’s “Forum Express” reported on September 16, this Tuesday, Sindh’s Chief Minister Hussein said that Bilawal Buto Zardari, the chairman of the Pakistani People’s Party, announced that he would invest 150 billion rupees (about 1.5 billion U.S. dollars). The package of plans to build Karachi.
 
Biravare said that all projects in the program will be completed within three years.
 
Of this, Rs.13.7 billion will be used for the construction of 78 road projects; Rs. 3.8 billion will be used for the elevated and bridge projects; Rs. 4,540 crore will be used for sewage treatment projects; Rs. 660 million will be used for 17 parks and garden projects; 189 Rs rupees for fire and other disaster protection projects; Rs 2,282 crore for 33 storm drain projects; Rs 1.8 crore for machinery projects; Rs 4.6 billion for solid waste treatment projects; Rs 121 crore for transportation projects; Rs 2 billion is used for other public facilities; Rs 9 billion is allocated to other projects.
 
However, this move has also caused controversy. The Pakistani Election Commission has previously issued an announcement that does not allow local governments to issue similar development plans after the election date is finalized.
 
Welcome the SCO countries to use the China-Pakistan Economic Corridor
 
According to Pakistan’s “News” report, Pakistan’s Minister of Commerce, Heram Dastir Khan, said at the 14th meeting of the Shanghai Cooperation Organization’s Minister of Economy and Trade that he welcomes the use of the SCO countries after the completion of the China-Pakistan Economic Corridor. The port of Pakistan has access to the trade route to the Arabian Sea.
 
The China-Pakistan Economic Corridor is a milestone project under China’s “One Belt, One Road” strategy. It will connect the economic growth poles between Kashgar and Gwadar and promote regional trade and investment through an interconnected network of roads, railways, optical cables and energy pipelines. development of.
 
In order to further promote regional interconnection, the Pakistani government recently approved the international land transport convention, which will greatly shorten the time for goods to be transported to the Central Asian countries through the Pakistani border, and propose related initiatives to restart the transit transport agreements between China, Pakistan, Kyrgyzstan and Kazakhstan. Make full use of Pakistan's unique geopolitical position to build a trade, energy and communication corridor connecting South Asia, East Asia, Central Asia and China.

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