According to Radio Pakistan, sources in the Ministry of Planning and Development said that a number of projects are at different stages of planning and execution.
The funding for them would be made by China Development Bank, Export Import Bank of China and other financial institutions.
These projects include the Karakoram Highway Phase-II from Raikot to Islamabad. This 480 kilometre (km) long portion will be built at a cost of Rs379 billion.
The Multan-Sukkur section of Karachi-Lahore Motorway would be constructed at a cost of Rs246 billion, the project is likely to be initiated this year.
There is another plan for the rehabilitation and upgradation of the 1736-km long Karachi-Lahore-Peshawar railway track. It will amount to $3.65 billion — all these projects will be completed by the end of 2017.
A dry port will be constructed at Havelian at a cost of $40 million, sources added.
Published in The Express Tribune, July 4th, 2014.
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