CDWP has given the green light for the construction of a 241-kilometer stretch of the Karakoram Highway (KKH), as part of CPEC, ahead of PM Shehbaz Sharif’s China visit.
The project, estimated at Rs567.5 billion (about $2 billion), is set to be financed through a Chinese soft loan.
It encompasses upgrading and realigning the KKH from Thakot to Raikot Bridge, including a 103-km bypass from Thakot to Dasu, relocation at Dasu Dam, and new construction after Basha-Thor Nullah.
The CDWP also approved the Rs42 billion Golen Gol Hydropower project in Chitral, to be funded by various international entities.
The projects are expected to receive Ecnec’s approval before PM’s departure to Beijing on June 4.
