China agrees to grant $100 million for rehabilitation of N-5
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China will provide $100 million for repair of four sections of N-5.
ISLAMABAD (APP) – China and Pakistan signed an agreement worth $100 million grant assistance for rehabilitation of National Highway (N-5) to improve road infrastructure and expand the North-South connectivity.
Under this agreement, Government of China will provide grant assistance of RMB 659.8 million (US $100 million) for repair of four sections (66 kilometres in total) of National Highway (N-5) between Hala (Matiari district) and Moro district Naushahro Feroze) in Sindh province, said a press release issued by Ministry of Economic Affairs here.
Ambassador of the People’s Republic of China to Pakistan Nong Rong called on Minister for Economic Affairs Makhdum Khusro Bakhtyar at his office.