Yellow Line hits Snag
Sindh government may not be able to launch its urban transport scheme ‘Yellow Line’as per schedule as the Chinese partner has problems in arranging money for the project.
Sindh government may not be able to launch its urban transport scheme ‘Yellow Line’as per schedule as the Chinese partner has problems in arranging money for the project.
The entire financing for the $8 billion Karachi-Peshawar Railway Line (ML-1)would now come from China.
Finance Minister informed that Government will set up Pakistan Infrastructure Bank with a one billion dollar capital to finance private investors in development projects.
The first unit of Neelum Jhelum power project is planned to commence electricity generation by end February 2018
China Telecommunications Corp will set up resources to complete cross-border telecom infrastructure, first step for international coorporation