Pak cuts CPEC investment in railways by USD 2 bn
Islamabad, Oct 2 (PTI) Pakistan has slashed the Chinese investment in railways by USD 2 billion citing a huge burden of loans, giving credence to reports that the new government led by Prime Minister Imran Khan may scrutinise the multi-billion dollar CPEC, a media report said Tuesday.
Railways Minister Sheikh Rasheed Ahmad said that the share of the China-Pakistan Economic Corridor (CPEC) in the railways has been reduced from USD 8.2 billion to USD 6.2 billion.
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