The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney is part of the Euromoney Institutional Investor PLC
Northeast Asia

New Silk Road Finance Awards 2017 South Asia: Best BRI project/initiative

Thar Engro Coal Power Project


BELT AND ROAD          

Habib Bank (HBL) was quick to see the potential in China’s Belt and Road Initiative. It was mandated as an account bank on a host of early BRI projects, helping to finance and develop the deep-water port at Gwadar, as well as the $1.3 billion, two-stage development of the Karakoram Highway between China and Pakistan, and a clutch of highways, power plants, hydropower facilities and wind farms.

But HBL’s role in the Thar Engro Coal Power Project, which wins Asiamoney’s award for best BRI-related project or initiative in south Asia, stands out for two very good reasons.

The first is cost. This is an enormous and integrated scheme, and an important part of the $46 billion China-Pakistan Economic Corridor.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree