Massive jolt to Pakistan as China seeks clearance of dues worth $ 55.6 million | ABP News
ABP News Bureau
Updated at:
02 Apr 2022 08:21 AM (IST)
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View In AppChina has sought an outstanding amount of USD 55.6 million from Pakistan related to the Lahore Orange Line Project and has asked Islamabad to pay the amount by November 2023.
China Railway-North Industries Corporation (CR-NORINCO) seeks Punjab Mass Transit Authority (PMTA) to release dues, highlighting delays in various payments despite the timely completion of the "Lahore Orange Line Project". According to local media, Pakistan will have to clear the remaining dues of USD 45.3 million by March and USD 10.3 million by the end of this year.