News > End of CPEC? Chinese companies warn of shutting shop as dues pile up

End of CPEC? Chinese companies warn of shutting shop as dues pile up

Orissa Post | 11/05/2022 10:12 AM | Click to read full article

Nearly 25 Chinese firms operating in Pakistan under the flagship CPEC have warned that they would be forced to shut down their operations this month unless payments worth Rs 300 billion is made upfront to them.

During a meeting, the power-producing companies brought up a slew of complaints regarding the payment of dues worth 300 billion Pakistani rupees (USD 15,95,920,800).