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Report: Additional infrastructure projects added to CPEC

According to a new report, 4 mega road projects worth $3.3 billion have been added to the CPEC (China-Pakistan Economic Corridor). These projects were approved at the 5th meeting of the CPEC transport working group in September.

Detailed designs for the roads will be completed by next month while land acquisition has already started. A 290km road, estimated to cost $200m, will connect two of the country’s main east-west highways: the N40 at Nok Kundi and Panjgur on the N-85. Another project, that may cost about¬† $2.5bn, will run 200km from Mirpur, via Muzaffarabad to Mansehra.

A 354km road will link Gilgit to Shindor and Chitral. During the same time, the first section of the Peshawar Bus Rapid Transit corridor project will be constructed by Maqbool-Calson-China Engineering (MCCE).

The road projects would mainly be funded by the Chinese government. The Asian Development Bank (ADB) and the European Investment Bank (AIB) and French Development Agency (AFD) is also do funding.

 

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