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China Daily | Updated: 2015-04-21 07:37

On Monday, during President Xi Jinping's visit to Pakistan, representatives of the Silk Road Fund signed a memorandum of understanding with China Three Gorges Corp and Pakistan's Private Power and Infrastructure Board to jointly develop the Karot Hydropower project.

It is the first investment by the SRF since it was established in December. The fund published a statement to address questions about its recent development.

Why was Pakistan's hydropower project chosen by the SRF as its first project?

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