Western media has claimed that China has prepared a mega project costing 58 billion dollars to connect China to Pakistan through a rail network in order to reduce its dependence on the West, while the railway authorities He says that this is an old proposal and no agreement has been reached yet.
According to the western media, this project has been prepared by China’s state-owned company, China Railway First Survey and Design Institute Group Co., Ltd. This 1860-mile long railway system will connect Pakistan’s Gwadar port with China’s Kashgar. Not only is it important commercially, but it will also have geopolitical implications. In a media report about the Gwadar to Kashghar railway line project, the Minister of Railways said that it is an old Chinese proposal that came out in 2014, but no practical progress could be made on this proposal and neither the two countries have any M for this project. An OU or Financing Agreement is in place.
On the other hand, the sources of the CPEC project have said that an agreement has been reached between Pakistan and China on the ML1 project under the $58 billion Pakistan-China Economic Corridor project. Sources said that the cost of the ML1 project is 10 billion dollars, but due to the lack of financing and loan agreement with China, the ML1 project could not be completed. On the other hand, DG Planning of Pakistan Railways Abdul Malik said that there is no truth in the media report regarding the Kashgar-Gwadar project project. The review was conducted by analysts at the proprietary China Railway First Survey and Design Institute Group Co., Ltd., who determined that the investment was worthwhile despite its hefty price tag. According to the proposal review board, 1.
