ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar informed the members of National Assembly (NA) regarding the details of China Pakistan Economic Corridor (CPEC) projects.
The minister shared that the total cost of CPEC projects is approximately $50 billion, out of which 13 projects worth approximately $11bn are complete, 13 projects at a cost of $18bn are underway, whereas projects accounting for the remaining $21bn are in the pipeline.
In response to questions of the MNAs during the question hour session, the minister informed that the second memorandum of understanding (MoU) with China will secure the establishment of a joint working group under CPEC for elevation and execution of the Socio-Economic Development Project through Chinese government grants and interest-free loans under CPEC focusing on six sectors.
The sectors which have been identified for cooperation are agriculture, education, medicine, poverty alleviation, water supply, and vocational training.
For more blogs and news, visit graana.com.
As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…
Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…
The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…
The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…
The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
