EXIM Bank to finance motorway project

BEIJING (APP) - The EXIM Bank of China Thursday expressed its readiness to finance Karachi-Faisalabad- Gwadar Motorway and will soon send a team of experts to Pakistan for a feasibility study of the proposed project. The assurance came during a meeting between Chairman EXIM Bank Li Ruogu and Prime Minister Syed Yusuf Raza Gilani here. Gilani said the financing of Karachi-Faisalabad-Gwadar Motorway project by EXIM Bank will be another shining example of the deep rooted Pak-China friendship and cooperation. The PM appreciated the financial contribution of the EXIM Bank.

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