China loans Pakistan $6.5 bn for nuclear plants

China loans Pakistan $6.5 bn for nuclear plants
Islamabad (AFP) Jan 02, 2014 - China has agreed to lend Pakistan $6.5 billion to help build nuclear power stations including a 2,200-megawatt plant in Karachi, as Beijing increases its involvement in the cash-strapped country. Prime Minister Nawaz Sharif announced the package at a briefing on Wednesday, saying it would help ensure an uninterrupted power supply. The loans are to be provided by Chinese state-owned Exim ... morehttp://www.nuclearpowerdaily.com/reports/China_loans_Pakistan_65_bn_for_nuclear_plants_999.html