32 early harvest projects completed under CPEC in 5 years.

ISLAMABAD -- Pakistan and China has achieved a major progress on China Pakistan Economic Corridor (CPEC) during the last five years as 32 early harvest projects were completed during that period.

These CPEC projects have significantly improved local transportation infrastructure and power supply, created over 75,000 jobs directly and contributed one to two percent of the GDP growth in Pakistan, documents from Chinese embassy said adding that "it shows the CPEC is playing an important role in boosting Pakistan's socioeconomic development and improving people's livelihood".

With respect to the mega ML-1 railway project, the documents revealed that the initial design of the project was jointly accomplished by the China Railway No 2 Bureau, National Engineering Services Pakistan Limited (NESPAK), and Pakistan Railway Advisory and Consultancy Services Ltd (PRACS).

The project was launched in 2016, and the initial design were submitted in May 2017. In April, 2019, it has successfully passed the initial design review, organized by Pakistan Railways (PR), of the complex including Mott McDonald Pakistan (MMP), Canarail and the Crimson.

As the project has not yet been approved, the amounts of the project will be adjusted according to the actual condition and the needs of Pakistan. After finalizing the design of the project, we would initiate a bidding in accordance with international practice. This is a completely normal business practice.

Regarding the so-called debt issue, loan for the CPEC is about US $5.8 billion, accounting for 5.3 percent of Pakistan's total foreign debt, with a...