Please let us know the progress of these previous MOU's worth billions of dollars-
2010 –
Wen Jiabao visits Pakistan. More than 30 billion dollars worth of deals were signed.
Success
2013 – On 5 July 2013, Pakistan and China approved the
Pak-China Economic corridor which will link Pakistan’s
Gwadar Port on the
Arabian Sea and Kashghar in
Xinjiangin northwest China. The
$18 billion project will also includes the construction of a 200km-long tunnel.
Process til 2017-18
2013 – On 24 December 2013, China announced a commitment $6.5 billion to finance the construction of a major nuclear power project in
Karachi, the project which will have two reactors with a capacity of 1,100 megawatts each.
Process til 2017-18
2014: Chinese Premier announced investment of $31.5 billion in Pakistan mainly in countries energy, infrastructure and port expansion for
Gwadar. According to
The Express Tribune initially projects worth $15–20 billion will be started which include Lahore-Karachi motorway, Gwadar Port expansion and energy sector projects will be launched in
Gadani and six coal projects near
Thar coalfield. The newspaper further claimed that the government has also handed over to Pakistan Army the task of providing fool-proof security to Chinese officials in
Balochistan, Pakistan in a bid to address
Beijing’s concerns and execute the investment plan in the province, which will get 38% of the funds.
Process til 2020
2014: On 22 May 2014, The governments of Pakistan and China on Thursday signed an agreement to start a metro train project in Lahore, Express News reported. The 27.1 kilometres long track – named Orange Line – will be built at the cost of $1.27 billion.
Process til 2017
No failed projects like MMRCA.
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