The Karachi–Lahore Motorway (KLM) is a 1,694-kilometre-long (1,053 mi) under construction six-lane, high-speed, limited-access motorway that will connect Karachi and Peshawar through Islamabad, Lahore, Multan and Sukkur. It was devised in the early 1990s as a combination of the M1 Motorway, M2 motorway, M3/M4 Motorway, M5 Motorway,M6 Motorway and M9 Motorway. It is now considered a major component of the China Pakistan Economic Corridor, and will cost approximately $6.6 billion, with the bulk of financing to be distributed by various Chinese state-owned banks.