The News: Delayed payments irritate Chinese companies working under CPEC

Almost eight or nine months have elapsed, but the government has failed to set up revolving fund of Rs22 billion to ensure timely payments to four Chinese power projects installed under CPEC. (Shutterstock)

December 19 – The News report by Khalid Mustafa states that almost eight or nine months have elapsed, but the government has failed to set up revolving fund of Rs22 billion to ensure timely payments to four Chinese power projects installed under CPEC. The inordinate delay has further irritated the Chinese companies.

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