ISLAMABAD: Pakistan and China are set to make history as the first shipment under the $46 billion project is likely to reach Pakistan by the November this year.
The first shipment under the China-Pakistan Economic Corridor (CPEC) will enter Pakistan in November through the Sost border in Gilgit-Baltistan.
CPEC Projects in Gilgit Baltistan
Both China and Pakistan’s governments have finalised arrangements to formally kick off trade activity under the umbrella of CPEC, starting specificIMPORT of goods through the new route under the $45-billion project.
A senior official said that the government has made all necessary arrangements including the provision of security to the shipment entering Pakistan.
The Chinese containers will enter through the Sost border and then be shipped via Gwadar Port, said the official.
The Chinese shipment will further proceed to Middle East and Africa through the Gwadar Port.