Chinese Smartphone brand Vivo to establish manufacturing facility in Pakistan

ISLAMABAD, Pakistan: The leading global smartphone brand Vivo has decided to establish a smartphone manufacturing facility in Pakistan. In a statement on Wednesday, the Minister for Industries and Production Hammad Azhar said that for the establishment of the smartphone manufacturing facility, the land has been purchased. Hammad Azhar said that initially, the deployment of the […]

CPEC to open new vistas of prosperity : Bizenjo

The Minister for Ports and Shipping Mir Hasil Bizenjo has said China Pakistan Economic Corridor (CPEC) will open new avenues of progress and prosperity in the South East Asian countries. Talking to media men in Hub near Karachi on Sunday, he said the project will be fate changing for the people of Pakistan as it […]

Other countries pull out, China increases investment in Pakistan

Karachi: Foreign direct investment (FDI) increased 10.5% in the first 11 months of 2015-16 on a year-on-year basis, according to statistics released by the State Bank of Pakistan (SBP) on Friday. Pakistan received FDI of $1,083.6 million in July-May, which is $103.3 million higher than the FDI received in the same 11-month period of the […]

‘CPEC is most important agreement in history of Pak-China cooperation’

Islamabad: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Abdul Rauf Alam on Tuesday said that China Pakistan Economic Corridor (CPEC) was the most important agreement in the history of Pakistan and China cooperation which would not only strengthen Pakistan’s economy bit it would also be an impregnable line of defence. The economic […]

KP CM says his reservations about CPEC addressed

Pabbi: Khyber Pakhtunkhwa Chief Minister Pervez Khattak says the federal government has addressed his reservations about China-Pakistan Economic Corridor project to a great extent. Addressing a public gathering at Pabbi, he said the letter sent by the provincial government to the federal government about the project has been answered.

CPEC to increase China-Pakistan trade by 24%

Islamabad: Trade between Pakistan and China is likely to enhance by 24 percent after completion of China-Pakistan Economic Corridor project. According to sources, it will open immense trade opportunities for Pakistan with other regional countries as well. They said the project will create greater economic integration in the region and help create five hundred to […]

Pakistan, China sign MoU under CPEC

Islamabad: Pakistan and China have signed a memorandum of understanding on health, education and poverty reduction, and cooperation in cultural heritage under China Pakistan Economic Corridor. Chairman CPEC from Pakistan, Senator Talha Mehmood and Chairperson China Cultural Heritage Foundation Jane Geng signed the agreement in Islamabad. Speaking on the occasion, Senator Talha Mehmood said logistic […]

‘Initiatives like CPEC to change Pakistan’s fate’

Lahore: Former ambassador to China and envoy at United Nations Muhammad Masood Khan said the fate Pakistan was rapidly changing due to new initiatives taken by the government like Pakistan China Economic Corridor (CPEC), which would bring prosperity in the region, benefiting all stakeholders. He was delivering a lecture on the topic of ‘Science, Technology […]

G-B receives 25 vehicles from Chinese govt for CPEC

Gilgit: China has donated 25 vehicles to the Gilgit-Baltistan government as part of China-Pakistan Economic Corridor (CPEC). The fleet of double cabin vehicles was received by G-B IGP Zafar Iqbal Awan on behalf of the regional government in Gilgit on Friday. “These vehicles are a gift from our friends,” Adviser to G-B Chief Minister Abid […]