ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani has approved US$ 90
million for the restoration of Karakoram Highway out of the financial
help provided by the Chinese Government.
The credit facility
had been extended by the Chinese Government as part of a larger
confessional facility for flood reconstruction activities in
Communication, Energy and Transport Sectors. The operationalization of
Karakoram Highway has been a priority of the Government due to its
strategic significance and being an important means of communication
for the people, as well as important trade route. Online
