Fox News writes that Hong Kong’s South China Morning Post has reported that the China Railway First Survey and Design Institute Group Co Ltd. has determined that China will proceed with a huge $58 billion project to connect Gwadar port on the Arabian Sea in Pakistan to Kashgar in Xinjiang, via a 1,860-mile rail system. This crucial part of the China-Pakistan Economic Corridor (CPEC) would be the largest BRI project to date. (https://defence.pk/pdf/threads/china-pakistan-railway-worth-it-at-estimated-us-58-billion-study.766036/)
“The government and financial institutions should provide strong support, increase coordination and collaboration among relevant domestic departments, strive for the injection of support funds and provide strong policy support and guarantees for the construction of this project,” the Chinese team of analysts said in a report published earlier this month in the Chinese journal, Railway Transport and Economy.
