July 31, 2009

Pakistan Minister Hints China $4 Billion Investment for Gwadar Pipeline

Pakistan "Minister for Investment" senator Waqar Ahmad Khan revealed today that China was likely to invest $4 billion (US dollars) in the envisioned pipeline from Gwadar port to the Chinese border probably connecting at the Karakorum highway area. Minister Khan presented a 5 year "National Investment Policy" for Pakistan of $75 billion in strategic investment much of it for infrastructure and energy. Details are expected at a cabinet meeting in Islamabad. No other details available at this time....

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