China has presented its biggest-ever project of a $58 billion railway line from Gwadar to Kashgar under the China-Pakistan Economic Corridor (CPEC) project.
According to the report of foreign media, the feasibility report of the most expensive project of China’s Belt and Road Initiative has been prepared.
According to the report, the proposed project has the potential to reshape trade and geopolitics.
According to the report, the cost of the most expensive project will be 58 billion dollars, the 1860-mile-long railway system will connect Gwadar to the city of Kashgar in Xinjiang.
Chinese experts say that the government and financial institutions should provide strong support for the project, coordination, and cooperation between relevant national departments should be increased, and the Chinese government should try to provide support funds, provide strong policy support, and guarantees for the construction of the project.