HomeNationalChina disburses $2m for Punjab economic and technical cooperation project

China disburses $2m for Punjab economic and technical cooperation project

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ISLAMABAD, Nov 02 (APP): China has disbursed an amount of $2 million for an economic and technical cooperation project in Punjab.
According to Foreign Economic Assistance Report issued by the Ministry of Economic Affairs available with Wealth Pakistan, the project focuses on strengthening Pakistan’s technical infrastructure, enhancing institutional linkages, and supporting ongoing development cooperation between the two countries.
The latest disbursement reflects Beijing’s ongoing financial commitment to Pakistan’s provincial development and institutional capacity-building programs.
It also underscores China’s commitment to practical development initiatives under its bilateral framework with Pakistan, extending beyond the major infrastructure ventures linked to the China-Pakistan Economic Corridor (CPEC).
During September 2025, China’s total disbursements to Pakistan amounted to approximately $2 million, while cumulative Chinese assistance for the first quarter (July–September) of FY2025–26 reached $9.75 million, combining both grants and loans.
In addition to the Punjab project, China continued to fund key reconstruction and rehabilitation initiatives across multiple regions.
These included reconstruction of fully damaged schools in Bara District, Khyber Pakhtunkhwa ($4.47 million), construction of houses in Balochistan ($6 million), and establishment of New Generation Geodetic Datum of Pakistan ($1.08 million).
China also remains engaged in several large-scale projects of national significance, such as the Relocation of Karakoram Highway (Thakot–Raikot section), the establishment of Pakistan Space Centre (SUPARCO), and the China-Pakistan Joint Research Centre on Earth Sciences at Quaid-e-Azam University.
These initiatives are part of a broader development partnership designed to modernize Pakistan’s infrastructure and scientific capabilities.
Moreover, China’s contribution to Pakistan’s financial stability extends beyond project aid. The country continues to maintain a SAFE China Deposit of $4 billion, which is a crucial component of Pakistan’s external financing structure that supports macroeconomic stability and balance of payments management.
The latest disbursement for Punjab’s Economic and Technical Cooperation Project highlights Beijing’s diversified development engagement, reflecting its dual role in both grassroots technical collaboration and large-scale economic projects.
Analysts view the continued inflow of Chinese funds as a sign of Pakistan’s enduring partnership with Beijing, aimed at reinforcing sustainable growth and enhancing bilateral economic ties.
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