According to a new report, China has expressed that the CPEC (China-Pakistan Economic Corridor) is an open initiative. Beijing is prepared in order to look for possibilities of the participation of more countries in CPEC.
Geng Shuang, Chinese Ministry of Foreign Affairs Spokesman stated that Port Qasim coal-fired power station is the first project involving a third party under the mega project that is CPEC.
With a total investment of two billion dollars, Port Qasim Power Plant is being developed by the Power China Resources Limited and Qatar’s Al-Mirqab Capital jointly.
Port Qasim power project will play an active role in removing energy shortage issue in Pakistan, he added.