Beijing hikes investment in China-Pakistan railway
Wednesday, 12 October 2011
ISLAMABAD, Oct 11 (Economic Times): Beijing has increased investment in the China-Pakistan railway, it was reported here.
Pakistan welcomed China's cabinet decisions to increase investment in major infrastructure construction projects in the two economic zones in Xinjiang, including the construction of the China-Kyrghyzstan-Uzbekistan railway and the China-Pakistan railway.
"It reflects the vision of the leadership of the two countries to enhance connectivity between China and Pakistan," Associated Press of Pakistan quoted Ambassador Masood Khan as saying in Beijing Monday.
He said: "A rail link between our two countries will shorten distances and create new transportation, trade and energy corridors."
Khan pointed out that some ground work has already been done in this regard.
He added that the decision a fresh impetus to establish closer rail link between two countries.
The enhanced transportation links between Pakistan and China will launch modern silk routes passing through the adjoining territories of China and Pakistan.