The Memorandum of Understanding (MoU) for the 1200 Megawatt Chashma-V Nuclear Power Plant was signed on Tuesday, according to Prime Minister Shehbaz Sharif, and it represents a significant advance in Pakistan and China’s economic cooperation.
Speaking at the MoU signing event in the federal capital, he promised that the project will begin right away.
He said that despite its challenging economic circumstances, Pakistan was ready for a $4.8 billion investment from China in this project, sending a signal that Pakistan is a country in which Chinese businesses and investors continue to deposit their faith and trust.