China readies $46bn for Pakistan trade route

China is to spend $46bn in infrastructure in Pakistan, its biggest investment in the economic development of another country. The plan is a centrepiece of Beijing’s ambitions to open new trade routes across Asia and challenge the U.S. as the dominant regional power

Pakistan-China Economic Corridor: Network of roads, railways and energy projects linking Pakistan’s Gwadar port with China’s Xinjiang region

PROJECTS SPENDING

Energy projects: $34bn

Infrastructure: $12bn

Plan envisages adding 10,400MW of electricity at cost of $15.5 billion by 2018

Energy projects

Hydro  Coal-based power plant Solar Wind

AFGHANISTAN

IRAN

Planned

Gwadar-Nawabshah pipeline: China to sign $3bn deal to build gas pipeline

PAKISTAN

Jhimpir

Karachi

Port Qasim

ARABIAN SEA

Gwadar: China expected to sign around $600m in projects for developing deepwater port, as well as agreement on building new international airport

Nawabshah

Hyderabad

Thar Block II

Thatta

Suki Kinari

Islamabad

Salt Range

Bahawalpur

Neelum- Jhelum

Karot

Lahore

Sahiwal

INDIA

CHINA

Kashgar

XINJIANG PROVINCE

Chinese President Xi Jinping visits Pakistan on Apr 20-21

125 miles 200km

Sources: WSJ, Business Recorder, Inter State Gas Systems
 
Picture: Getty Images

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