Facebook Twitter 新浪微博 Instagram YouTube Tuesday, Jan. 12, 2016

China-Pakistan Economic Corridor Project Begins Construction in Pakistan

By Shen Chen (People's Daily Online)    05:34, January 12, 2016

President of Three Gorges Corporation Lu Chun met with the staff members of Karot Hydropower Plant project.

A mobilization ceremony of construction of Karot Hydropower Plant was held 55km from Islamabad at the bank of Jhelum River on January 10, 2016, marking the beginning of the Karot Hydropower Plant’s structural construction.

The construction of Karot Hydropower Plant lays foundation in Pakistan on January 10, 2015.

The 1.65-billion-dollar Karot hydropower plant is the first investment project of the Silk Road Fund, an investment fund to finance China-proposed "Belt and Road" initiatives. The Karot hydropower project is being developed by the China Three Gorges Corporation. The project will provide 3.174 billion Kilowatt hour of clean energy and over 2000 jobs for Pakistan. The plant is expected to be put into operation in 2020 and to be transferred to Pakistan government after 30 years of operation.

Mobilization ceremony of construction of Karot Hydropower Plant

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Joanna Law,Bianji)

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