China to invest $46 billion in CPEC

Islamabad MAY 14: We know that China along with Pakistan is holding a 2-day conference on ONE BELT One Road OBOR from today.

India had taken a stand that no representative will attend the conference.

On Saturday Pakistan PM Nawaz Sharif and Chinas PM Li Li Keqiang have signed an agreement regarding CPEC.

Officials said that China will invest around $ 46 billion (approx RS 3 lakh crores) for building
China-Pak Economic Corridor.



The main projects to be developed under this are

* Construction of a hydel power plant on Sindhu River.

* Establishment of Gadwar port.

* Upgradation of Karachi -Peshawar rail Network.

With the CPEC china will get full access to Arabia sea and Africa.

Finally, Pakistan said that good days are ahead for us with the friendship of China.