China to include $14 bn Diamer-Bhasha Dam in CPEC


ISLAMABAD: In a major development, Beijing has shown its willingness to include $14 billion Diamer-Bhasha Dam into the China-Pakistan Economic Corridor (CPEC) framework and its financing plan will be finalised in the next Joint Coordination Committee (JCC) meeting.

The estimated cost of the CPEC will definitely go beyond $46 billion, as China has also agreed to finance dual carriageway for western route starting from Burhan to DI Khan and onward to Gwadar.