Islamabad: China has agreed on a grant of one billion dollars for socio-economic development cooperation under CPEC. The first phase has shortlisted 27 projects from the areas of agriculture, education, medicine, poverty alleviation, water supply and vocational sector.

invest with imarat

Islamabad’s emerging city centre

Learn More

Under the agricultural sector Bacterial Grass (JunCao) technology training and promotional project will be initiated. Agriculture and scientific training on mouth and foot disease, animal husbandry, cotton, fruit and vegetables processing will also be provided.

Four projects under the education sector include the provision of teaching equipment and tools for 50 primary and secondary schools at district, tehsil and village level. China will provide 50 to 100 smart classrooms to universities across Pakistan. Maintenance and renovation of 50 schools in the merged FATA districts is also part of the MoU. 20,000 scholarships will also be given to Pakistani students.

In the medical field, projects signed as part of the MoU include the provision of medical equipment to 30 hospitals across Pakistan, construction of a hospital in Gwadar, cold chain equipment, transportation equipment and establishment of medical emergency center in Balochistan. China has also agreed to establish 20 bed centres each in Sindh, Balochistan and KP, while 10-bed burn centres will be established each in AJK and Gilgit Baltistan.

Four projects funded under the poverty alleviation sector include the provision of solar lighting equipment to 10,000 households in Balochistan, poverty alleviation courses, provision of emergency relief supplies for enhancing NDMA and the China-Pakistan rural poverty reduction joint research project.

Drinking water equipment will be provided to 800 water supplies sites in KP, water purification equipment to AJK and establishment of 5000 tons desalination plant at Gwadar Special Economic Zone.

Upgradation of 50 vocational schools across Pakistan, capacity building-up project, Gwadar vocational and technical school project, cooperative project with Pak-Austria Fachhochschule institute of Applied Science and Technology and Punjab-Tianjin University of Technology projects have signed under the vocational sector.

China International Development Cooperation Agency (CIDCA) will be funding projects in these six identified sectors.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

2 days ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

5 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

6 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

6 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

6 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

7 days ago