Updated on
Summary China has refused to give any fund for Neelam-Jhelum Hydro Project (NJHP).
Pakistan is facing a shortfall of $.5.48 million for the Neelam-Jhelum project, while China has pledged to give $.4.48 million for the project.Now China has refused to give any fund, conditioning the release of funds with lifting Supreme Court’s ban on ‘Safe-City’ project’s tenders.It is pertinent to mention that Pakistan officials even held a meeting previous week, with Chinese Commercial Council.Meanwhile even Abu Dhabi has conditioned its $.100 million loan to $.8 million worth of privatization.
