Pakistan to restore highway with China’s help
July 29th, 2011 - 1:41 pm ICT by IANS
Islamabad, July 29 (IANS) Prime Minister Yousuf Raza Gilani has approved $90 million for the restoration of Karakoram Highway, a part of which runs through Pakistani Kashmir, out of the financial help provided by the Chinese government.
Karakoram Highway connects Pakistan with China across the Karakoram mountain range. It ends at the Gawadar port in Balochistan that is being built with Chinese help.
Associated Press of Pakistan said that the credit facility had been extended by China as part of a larger facility for the post flood rehabilitation and reconstruction in the communication, energy and transport sectors.
The operationalisation of Karakoram Highway has been a priority of the government due to its strategic significance, being an important means of communication for the people, as well as an important trade route.
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Tags: balochistan, china, chinese government, financial help, flood, gawadar port, gilani, kashmir, means of communication, pakistan, prime minister, priority, raza, reconstruction, transport sectors, yousuf