Tag: CPEC
Chinese companies working on power projects under CPEC face financial woes
ANI | Updated: Mar 06, 2023 20:09 IST Islamabad [Pakistan], March 6 (ANI): Chinese companies working on power projects, initiated under China Pakistan Economic Corridor (CPEC), are still facing financial woes despite Prime Minister’s repeated assurances, Pakistan-based Business Recorder reported.Chinese companies have raised the issue at all forums through Pakistan‘s…
Pakistan: Experience of Chinese companies working in Pakistan far from pleasant: Report
ISLAMABAD: The experience of Chinese companies working on the ground in Pakistan has been far from pleasant. Most of the early China-Pakistan Economic Corridor investments were in the power sector. The investments, however, created sizeable liabilities on the future cash flows of these projects, Indo Pacific Centre for Strategic Communications…
