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China exits its biggest Pakistan project: What's happening?

In a move that signals a quiet but significant realignment in Pakistan’s infrastructure financing landscape, the country is reportedly turning to the Asian Development Bank (ADB) to fund a critical ...
The Diplomat

Will the Trump Administration Grant the Iran-Pakistan Pipeline Project a Sanctions Waiver?

Pakistan’s Petroleum Minister Musadik Malik announced in December that he planned to request a sanctions waiver for the Pakistan-Iran gas pipeline project from the Trump administration. Signed in 2009 ...
World Bank

Pakistan: World Bank Approves $1 Billion Additional Financing for DASU Hydropower Project to Support the Transition to Clean and Affordable Energy

WASHINGTON, June 10, 2024—The World Bank’s Board of Executive Directors today approved $1 billion in a second round of additional financing for the DASU Hydropower Stage I (DHP I) Project. This ...
The Diplomat

China-Pakistan Ties Steam Ahead With Proposed Rail Project

The $58 billion railway line will link the Pakistani port city of Gwadar with Kashgar in China’s Xinjiang province. China’s proposed $58 billion railway project aimed at connecting Pakistan’s port of ...