{"id":28720,"date":"2025-11-03T16:05:27","date_gmt":"2025-11-03T16:05:27","guid":{"rendered":"https:\/\/globaltimes.com.pk\/?p=28720"},"modified":"2025-11-03T16:13:16","modified_gmt":"2025-11-03T16:13:16","slug":"china-disburses-2m-for-punjab-economic-and-technical-cooperation-project","status":"publish","type":"post","link":"https:\/\/globaltimes.com.pk\/china-disburses-2m-for-punjab-economic-and-technical-cooperation-project\/","title":{"rendered":"China disburses $2m for Punjab economic and technical cooperation project"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ISLAMABAD, Nov 02 (APP): China has disbursed an amount of $2 million for an economic and technical cooperation project in Punjab.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Foreign Economic Assistance Report issued by the Ministry of Economic Affairs available with <a href=\"https:\/\/wealthpakistan.com.pk\/\" target=\"_blank\" rel=\"noopener\">Wealth Pakistan<\/a>, the project focuses on strengthening Pakistan\u2019s technical infrastructure, enhancing institutional linkages, and supporting ongoing development cooperation between the two countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest disbursement reflects Beijing\u2019s ongoing financial commitment to Pakistan\u2019s provincial development and institutional capacity-building programs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also underscores China\u2019s commitment to practical development initiatives under its bilateral framework with Pakistan, extending beyond the major infrastructure ventures linked to the China-Pakistan Economic Corridor (CPEC).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During September 2025, China\u2019s total disbursements to Pakistan amounted to approximately $2 million, while cumulative Chinese assistance for the first quarter (July\u2013September) of FY2025\u201326 reached $9.75 million, combining both grants and loans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to the Punjab project, China continued to fund key reconstruction and rehabilitation initiatives across multiple regions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These included reconstruction of fully damaged schools in Bara District, Khyber Pakhtunkhwa ($4.47 million), construction of houses in Balochistan ($6 million), and establishment of New Generation Geodetic Datum of Pakistan ($1.08 million).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">China also remains engaged in several large-scale projects of national significance, such as the Relocation of Karakoram Highway (Thakot\u2013Raikot section), the establishment of Pakistan Space Centre (SUPARCO), and the China-Pakistan Joint Research Centre on Earth Sciences at Quaid-e-Azam University.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These initiatives are part of a broader development partnership designed to modernize Pakistan\u2019s infrastructure and scientific capabilities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Moreover, China\u2019s contribution to Pakistan\u2019s financial stability extends beyond project aid. The country continues to maintain a SAFE China Deposit of $4 billion, which is a crucial component of Pakistan\u2019s external financing structure that supports macroeconomic stability and balance of payments management.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest disbursement for Punjab\u2019s Economic and Technical Cooperation Project highlights Beijing\u2019s diversified development engagement, reflecting its dual role in both grassroots technical collaboration and large-scale economic projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts view the continued inflow of Chinese funds as a sign of Pakistan\u2019s enduring partnership with Beijing, aimed at reinforcing sustainable growth and enhancing bilateral economic ties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD, Nov 02 (APP): China has disbursed an amount of $2 million for an economic and technical cooperation project in 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