Pak, China for laying railway track thru Khunjarab Pass

ISLAMABAD: Pakistan and China have agreed in principle to constitute a consortium for seeking a soft-term loan from some international company for laying a railway track between the two countries, an official said.

He said a six-member committee comprising equal number of experts from both China and Pakistan has already been constituted to move forward in this regard.

He said China has already prepared a feasibility report of laying a railway track in the difficult terrain of Karakoram linking both the states through Khunjarab Pass.

He said the Chinese feasibility report covered the railway track up to Havelian, a town near Islamabad.

He said both the sides were agreed to form a consortium and seek support of some international institution for funding the multi-billion dollars project.

A process to hook up the Pakistan Railways with the Trans-Asian Railway Network is initiated with active support of Chinese government which will besides, linking the time tested friendly countries through rail networks, also ensure standardizing the Pakistani gauge to international standards.

This will facilitate trade to the Central Asian Republics, Russia and China and beyond. The plan is to hook up the two countries with road, rail, fibre optic links. app

via Daily Times – Leading News Resource of Pakistan – Pak, China for laying railway track thru Khunjarab Pass.

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