Says China and Punjab have a separate short term loan agreement for Orange Line project
A spokesman for Punjab government clarified on Friday that Lahore Orange Line Metro Train Project had no link with China Pakistan Economic Corridor (CPEC) and the remarks attributed to Khawaja Haris during the hearing of the case had no relevance with the said lawyer.
The spokesman further said that the lawyer representing the government has stated that just as CPEC project is being implemented under inter-governmental framework between Pakistan and China, similarly, a separate agreement has been made between the two countries for Lahore Orange Line Metro Train Project. He said that these remarks do not mean that Lahore Orange Line Metro Train Project is part of CPEC.
The spokesman further clarified that the agreement of provision of loan for Lahore Orange Line Metro Train Project has been made after tireless personal efforts of Punjab Chief Minister Muhammad Shehbaz Sharif and that the Chinese government is providing short term loan for the project through Exam Bank of China which will be repaid by Punjab government from its own resources.
This actually is a confirmation of people’s suspicions. Keep a track and you will one day learn that it is linked to CPEC.
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