China About to Start $35 Billion of Silk Road Plan in Pakistan
- China loans for Pakistan infrastructure at 2%: Minister Iqbal
- Pakistan’s Iqbal plays down security concerns around projects
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More than three quarters of $46 billion of planned Chinese-led investment in Pakistan will be implemented by next year as part of the world’s second-largest economy’s flagship Silk Road plan.
“Out of this $46 billion, we have been so far able to energize about $35 billion,” Pakistan’s Planning, Development and Reforms Minister Ahsan Iqbal said in an interview in London. “By energizing I mean these are projects either in advanced implementation or in a stage of financially closing.”