China's President Xi Jinping (R) shakes hands with Pakistan's Prime Minister Nawaz Sharif at their family photo session prior to the Dialogue On Strengthening Connectivity Partnership at the Diaoyutai State Guesthouse in Beijing November 8, 2014. REUTERS/Kim Kyung-Hoon
ISLAMABAD (Reuters) - The Chinese government and banks will finance Chinese companies to build $45.6 billion(29.1 billion pounds)worth of energy and infrastructure projects in Pakistan over the next six years, according to new details of the deal seen by Reuters on Friday. The Chinese companies will be able to operate the projects as profit-making entities, according to the deal signed by Prime Minister Nawaz Sharif during a visit to China earlier this month.
At the time, officials provided few details of the projects or the financing for the deal, dubbed the China-Pak Economic Corridor (CPEC).
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