CPEC pushes steel demand in Pakistan

Karachi: The launch of a series of mega development and power projects in the country under China -Pakistan Economic Corridor (CPEC), the annual demand for steel products will increase by more than thirty percent to 6 million tones from 4 mts. Vice Chairman, Pakistan Steel Re-Rolling Mills Association (PSRMA) Akhtar Saeed told APP here that […]

US tacitly supporting Chinese investments in PoK, Gwadar port: Sources

By Anchal Vohra The United States is tacitly supporting Chinese investments in Pakistan Occupied Kashmir and even those at Gwadar port, say sources. The revelation comes at a time when the Barack Obama administration has decided on selling eight F-16s to Pakistan ignoring India’s displeasure. US envoy to India Richard Varma said that the Chinese […]

PM Nawaz inaugurates world’s first solar Parliament

Islamabad: Prime Minister Nawaz Sharif on Tuesday inaugurated the world’s first ever solar-powered Parliament House. “I appreciate the initiatives of National Assembly speaker and Senate chairman for making the country’s parliament the first in the world to be run entirely on solar power,” the premier said while addressing the inauguration ceremony. “It is encouraging to […]

Both Iran, Pakistan stand to benefit from One Belt, One Road

Beijing : During Chinese President Xi Jinping‘s recent visit to the Iranian capital of Tehran in January, the two countries agreed to cooperate in a number of areas including energy, transportation, railways and ports. The new development raised some concern in the Pakistani media that the China-Pakistan Economic Corridor (CPEC) could face some competition from […]

CPEC western route work progressing in full swing

Islamabad: Work on the western route of China Pakistan Economic Corridor (CPEC) is progressing in full swing. Gwadar-Surab Section will be completed by December 2016 while ground-breaking of D. I. Khan Section will take place in month of March this year and will be completed by July 2018. Western route is very much part of […]

CPEC eastern, western routes linked with each other: NA told

Islamabad: State Minister for Parliamentary Affairs, Sheikh Aftab Ahmed on Thursday informed the National Assembly that China-Pakistan Economic Corridor (CPEC) project’s eastern and western routes would be connected to each other. He said the CPEC project was not only the name of roads but $46 billion project including energy projects and all provinces would get […]

CPEC power projects: government likely to extend supplemental agreement facility

Islamabad: The federal government is likely to extend facility of supplemental agreement to all the present and future power projects of China Pakistan Economic Corridor (CPEC) after consultation with China, official sources told Business Recorder. The Economic Co-ordination Committee (ECC) of the Cabinet on April 23, 2015 had approved the supplemental agreement in the following […]

Summary forwarded to PM for convening CCI meeting on CPEC

Islamabad: Minister for Inter Provincial Coordination (IPC), Riaz Hussain Pirzada Wednesday informed National Assembly (NA) that the ministry has sent a summary to the Prime Minister (PM) to convene a meeting of the CCI regarding CPEC project. Responding to a question of Member National Assembly (MNA) Nafeesa Khattak, he said the ministry has also sent […]

Western route: K-P hands Centre wishlist of CPEC projects

By Shahbaz Rana Islamabad: The disgruntled Khyber-Pakhtunkhwa government has sought 6,000 megawatt power projects and representation on the working groups of the China-Pakistan Economic Corridor (CPEC) project. In a meeting with Federal Minister for Planning and Development Ahsan Iqbal in Islamabad, Chief Minister Pervez Khattak unveiled what he wants for his province in the multibillion-dollar […]

Pak China Media well poised to play effective role in further fostering bilateral relations

Islamabad: Pakistan China media is well poised to play an effective role in the promotion of bilateralrelations of the two countries with focus on further strengthening their economic bonds, said Managing Director, Associated Press of Pakistan (APP), Masood Malik here on Tuesday. While briefing a Chinese media delegation which visited APP Headquarters here. He said […]