ISLAMABAD, June 08(ABC): Minister for Planning and Development, Ahsan Iqbal Tuesday said that the coalition government had started talks with the Chinese side to start the long-standing ML-1 railway project under China Pakistan Economic Corridor (CPEC).
He said the both sides have agreed to start the project. He hoped that work on the project might start within a year. He informed that in previous four years In four years, the previous government did not work on the project therefore cost of project had been increased.
So now, he said the Chinese contractors are asking for the cost revision, therefore both Pakistan railways’ authorities and the Chinese contractors were engaged in reviewing the terms of financing.