Pak, China to build USD 10bn rail project to link Karachi, Peshawar

Islamabad: Ahead of Pakistan Prime Minister Shebaz Sharif’s maiden visit to China next week, both the countries have agreed to go ahead with the much delayed USD 10 billion Karachi to Peshawar rail line as a key part of the ambitious CPEC project, according to a media report on Friday.

Prime Minister Sharif will be visiting Beijing with a high-powered delegation from November 1, 2022, where minutes of the Joint Coordination Committee (JCC) meeting will be signed.

Sharif is expected to be the first foreign head of government to meet Chinese President Xi Jinping who secured an unprecedented third term as the General Secretary of the ruling Communist Party of China last week.