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China's premier Li Keqiang, right, and Pakistan's National Assembly speaker Sardar Ayaz Sadiq during their meeting in Zhongnanhai, Jan. 30. (File photo/Xinhua)
China is pushing for the development of an economic corridor to Pakistan as a key component of its national development strategy of "One Belt and One Road," according to the Shanghai Securities News.
During a meeting with Sardar Ayaz Sadiq, speaker of the National Assembly of Pakistan, on Jan. 30 in Beijing, Chinese premier Li Keqiang said that a Sino-Pakistan economic corridor functions as the strategic framework for the cooperation of the two nations.
Shanghai Securities News said the Sino-Pakistan economic corridor project will begin implementation this year, highlighting the construction of major transportation infrastructure.
The Pakistani government has issued invitations to businesses, including Chinese ones, for taking part in the opening bidding for some highway projects under the auspices of the economic corridor project. Another related item is the development of Gwadar Port on the Arabian Sea, in Pakistan's Baluchistan province.
The municipal government of Xinjiang Uyghur autonomous region, which borders Pakistan, will play an active role in the economic corridor project. The Xinjian Production and Construction Corps, for instance, is ready to undertake various transportation projects in Pakistan, including highways, airports and bridges.
Sino-Pakistan economic corridor nears implementation phase｜Economy｜News｜WantChinaTimes.com
