Govt taking effective measures for riding country of loadshedding
Punjab Chief Minister Muhammad Shehbaz Sharif said on Monday that Pakistan Muslim League-N government, led by Prime Minister Muhammad Nawaz Sharif, was taking effective measures for ridding the country of loadshedding. Talking to elected representatives of PML-N here, he said that under China-Pakistan Economic Corridor, 1320-megawatt coal-based powerhouse was being set up in Sahiwal and […]
BOI identifies 15 sites along CPEC route to set up industrial zones
Islamabad: Board of Investment (BOI) in consultation with all the provinces and Gilgit-Baltistan has so far identified 15 sites for the establishment of Special Industrial Zones alongside China-Pakistan Economic Corridor (CPEC). According to an official of Ministry of Planning, Development and Reforms, seven sites have been identified in Balochistan and eight in Khyber Pakhtunkhwa. Prime […]
China, Pakistan sign financing agreement for Thar power project
China and Pakistan on Monday signed a financing agreement for a coal power project located in the Thar coalfield in Pakistan’s Sindh province. The project will cost in excess of $2 billion, including the exploitation of a 3.8-million-tonne coal mine and the construction of a 660,000-kw power station near the mine. China will contribute $800 […]
CPEC to help realize dream of economically developed Pakistan: Ahsan
Islamabad: Minister for Planning Ahsan Iqbal has expressed the hope that Vision-2025 and China-Pakistan Economic Corridor will help realize the dream of economically developed Pakistan. Speaking at a function here, he said Pakistan is a successful emerging state, which can be developed economically through self-belief and positivity. He said Pakistan needs seven to eight percent […]
Pak-China Corridor and Balochistan
Islamabad: Progress on China Pakistan Economic Corridor (CPEC) is on its fast track since 17 September and first phase of the project is likely to be completed by the end of 2017. However, the CPEC is a 15 year project between Pakistan and China spanning 2015-2030, while the Western route has to be completed by […]
Parliamentary body on CPEC visits Gwadar
The Parliamentary Committee on China Pakistan Economic Corridor (CPEC), led by its Chairman Senator Mushahid Husain Sayed, visited the port town Gwadar and inspected the route of the CPEC. The committee inspected three segments of the route, including Tallar, Turbat and Hushab. It also inspected nine construction camps where the pace of work is fast […]
Pakistan China at positive turning points for development
Pakistan and China are planning to work on energy and transport corridor through Pakistan to the Arabian Sea for the economic growth and development needs of both countries this year. This plan includes big investment to construct road links, rail tracks, energy pipelines and telecommunication infrastructure between China and Gawadar Port Pakistan. The economic corridor […]
Parliamentary body may visit western route of CPEC
A Parliamentary Committee on China-Pakistan Economic Corridor (CPEC), constituted after the All Parties Conference (APC) meeting to monitor the CPEC projects, is likely to visit and inspect the works on Western route of the corridor by the end of this month, Project Director Major General Zahir Shah (Retd) told Business Recorder. He further stated that […]
A new Silk Highway is under construction to link up northern Pakistan with China
A new Silk Highway that will be an economic corridor for development benefits of Pakistan and China is designed by China. This road will link up northern Pakistan with China and millions of trade vehicles will pass through the town of Sost that is is the gateway for custom duties of Chinese and Pakistani traders. […]
Parliamentary panel to inspect CPEC work
Islamabad: Amidst renewed criticism by various parties of the government’s reported plan to alter the route of the China-Pakistan Economic Corridor (CPEC), the members of a parliamentary committee have decided to inspect the work on the project. “We have decided to visit Balochistan and Sindh by the end of this month to physically inspect the […]