Pakistan and China signed 21 agreements and MoUs in Beijing on Saturday morning to help promote cooperation between the two countries in fields of energy and infrastructure under Economic Corridor Project. Prime Minister Nawaz Sharif and Chinese premier Li Keqiang were also present in the ceremony. The agreements will help promote cooperation between the two countries in the fields of energy and infrastructure under the Economic Corridor Project, and other sectors.
Chine will invest in energy sector to over come energy crisis in Pakistan.
These include agreements on solar power production at Quaid-e Azam Solar Park, easy loan for laying optic fiber between the two countries, mining of 65,00,000 metric tons of coal in Block-2 of Thar, 870 MW Suki Kinari Hydropower project, 1320 MW coal power project in Sahiwal, and an MoU for 100 MW Jhimpir wind power project. An agreement was signed to establish an Industrial Park in Faisalabad. The two countries also inked agreement for economic and technical cooperation.