Energy projects face an obstacle of funding
Listen to the article Islamabad: China is reluctant to expand Pakistan funding for energy projects due to concerns about the country’s financial records, security status and repayment issues. Sources told Express Tribune that Pakistani energy companies were looking for China funding for various energy businesses. However, Sinosure-a state-owned Chinese company providing insurance coverage for loans and debt funding-is seeking to provide an insurance installation for bank lending to Pakistan’s energy projects. China’s export and credit insurance company (Sinosure) is a state policy insurer that plays a critical role in facilitating Chinese investment abroad. For every Chinese bank that extends loans












