A policeman stands guard next to giant portraits of (L-R) Pakistan's President Mamnoon Hussain, China's President Xi Jinping, and Pakistan's Prime Minister Nawaz Sharif, displayed along a road ahead of Xi's visit to Islamabad April 19, 2015. REUTERS/Faisal Mahmood
BEIJING (Reuters) - Industrial and Commerical Bank of China (ICBC)<601398.SS><1398.HK>, the world's biggest lender by assets, said on Tuesday it has agreed to provide $4.3 billion in financing for energy and electricity projects in Pakistan.
The four power projects, all located in the China-Pakistan Economic Corridor, are major infrastructure projects for China's "One Belt, One Road" initiative, the bank said in a statement sent by email.
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