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Chinese delegations arriving in Peshawar to sign $24 billion projects

Chinese delegations arriving in Peshawar to sign $24 billion projects

KP Chief Minister Pervaiz Khattak. – A file photo

May 17, 2017

PESHAWAR, 17 May: The Chinese delegations have started arriving in Peshawar to sign agreements worth $24 billion under Khyber Pakhtunkhwa-China Investment Plan.

The KP Information Department said in a handout that projects in the investment plan include 1,900 megawatts power projects, industrial parks, fast railway tracks in Peshawar, Nowshera, Charsadda, Mardan and Swabi, alternative roads for Dir, Chakdara and Chitral under China Pakistan Economic Corridor (CPEC) and other projects.

KP Chief Minister Pervaiz Khattak said his visit to China was successful on all accounts. He said most of the agreements were signed by the federal government, while the KP government also signed an agreement for Peshawar-Rawalpindi double track. He said more agreements will be signed in Peshawar for which the arrival of Chinese delegations has started.

He said that CPEC was a game changing project for Pakistan and it would usher in an industrial revolution in KP as well.

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