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Four Chinese firms, including China Railways Group and China Communications Construction Company, are reportedly vying for billions of dollars’ worth of rail projects in Pakistan.
Indian Daily News & Analysis reports that the contracts are part of the ML-I project of the China-Pakistan Economic Corridor.
According to the report, the financing agreement for the project is expected to be signed at the One Belt, One Road summit to be held in Beijing next month.
Pakistani politiCians might have maide the master stroke of century by aligning with China , the next superpower of this planet. China’s Needs Pakistan as much the latter needs China. By getting a such a huge aid of $ 50 billions from China to build CPEC. This project is sure to catapult Pakistan into a status of new Asian Economic Tiger that will raise the living standard of all Pakistanis as never before! So good luck to Pakistan!