CPEC projects underway in Pakistan to help local economy
A number of China-Pakistan Economic Corridor (CPEC) projects are making renewed progress as the CPEC, a flagship project under the China-proposed Belt and Road Initiative (BRI), enters its next phase, helping the country to alleviate energy shortages and empowering its economic growth. “Entering 2024, CPEC projects have achieved new progress,” the Global Times reported.
“The Karot hydropower project, a 720 megawatt (MW) hydropower plant developed on the Jhelum River in Pakistan and the first ever large-scale hydropower project under the BRI, has generated a total of 3.1 billion kilowatt hours of electricity in 2023,” China Three Gorges Corporation, which invested in and is leading construction of the project, announced on its website. In December, two China-donated projects, including a seawater desalination plant and the upgrade of the Pak-China Friendship Hospital, were inaugurated in the Gwadar district of southwestern Balochistan province.
Read more: https://pakobserver.net/cpec-projects-underway-in-pakistan-to-help-local-economy/
