56 projects successfully launched under CPEC: Survey

ISLAMABAD (PEN) : According to the Economic Survey 2021-22, the Pakistani government considers CPEC as a long-term development project as it has the potential to serve as a corridor with multiple doors connecting China with Central Asia, Middle East, Africa and Europe. The Survey 2021-22 also revealed that Pakistan and China have successfully launched 56 projects under CPEC a flagship and most actively implemented project of the BRI. Out of these projects, 26 projects worth approximately US$17 billion have been completed so far and 30 projects worth US$8.5 billion are under construction. Moreover, about 36 projects having an estimated cost of US$28.4 billion were also under different stages of negotiations for inclusion in the CPEC framework.