China stops funding CPEC road projects in Pakistan over graft issue: Report

Pakistan-based Dawn newspaper reported that this decision by Beijing will likely hit over Rs 1 trillion-worth road projects of the Pakistan's National Highway Authority (NHA), and may delay at least three such ventures.

By: Express Web Desk | New Delhi | Published: December 5, 2017 3:03 pm

Chinese official expresses concern over political unrest in Pakistan

Chinese official have expressed weariness over the prevailing political instability in Pakistan that could negatively impact the pace of the projects under CPEC (File photo)

In a move that has left officials in Islamabad ‘stunned’, China on Tuesday decided to temporarily stop funding at least three major road projects in Pakistan, which are being built as part of the USD 50 billion China-Pakistan Economic Corridor (CPEC), as per a media report. Pakistan-based Dawn newspaper reported that this decision by Beijing will likely hit over Rs 1 trillion-worth road projects of the Pakistan’s National Highway Authority (NHA), and may delay at least three such ventures.