Pakistan to Revive Belt and Road Initiative Projects

(Bloomberg) — Pakistan’s new government is hoping to inject some fresh momentum into projects that fall under China’s Belt and Road Initiative, as it tries to boost the country’s troubled economy.

The South Asian nation is looking at joint ventures for renewable energy projects, agriculture collaboration and possibly enticing some Chinese companies to relocate to Pakistan, said Ahsan Iqbal, Pakistan’s federal minister for Planning, Development and Special Initiatives, who also co-heads the committee responsible for the China-Pakistan Economic Corridor, in an interview.