Acting Chinese Ambassador to Pakistan, Zhao Lijian Monday said that China would set up a large steel factory at Gwadar to further expedite economic developments being carried out under China-Pakistan Economic Corridor (CPEC) framework.
“Both China and Pakistan would very soon sign an agreement to establish the steel factory, three times bigger than the free economic zone being set up in Gwadar city,” he announced on Monday while addressing participants of a day-long conference on CPEC: Potential and Prospects organised by Strategic Vision Institute (SVI).
