ISLAMABAD: Prime Minister Imran Khan will launch work on ‘CPEC City’ – a mega-development project in Rashakai town of Khyber-Pakhtunkhwa (K-P), under China Pakistan Economic City (CPEC) on November 18, reported Federal Minister for Defence Pervez Khattak in a public meeting. Education and commercial zones, public buildings, apartments, and sports[...]

ISLAMABAD: Pakistan, China are set to sign a deal related to the development of Rashakai Special Economic Zone (REZ), a project under the China-Pakistan Economic Corridor (CPEC), in a ceremony to be held at the Prime Minister House today. The announced deal will boost the economy, offering all the basic[...]

ISLAMABAD: Prime Minister Imran Khan inaugurated the construction work of the mega hydroelectric project under China Pakistan Economic Corridor (CPEC), the Diamer-Bhasha Dam, marking a notable achievement in the development of the country. CPEC Chairman and Special Assistant to PM on Information and Broadcasting, Asim Saleem Bajwa also accompanied the[...]

ISLAMABAD: Pakistan and China signed an agreement for the construction of the Azad Pattan Hydel Power Project worth $1.5 billion, in the presence of Prime Minister Imran Khan. The megaproject will generate an annual income of Rs1.38 billion to Punjab and Azad Kashmir from water use and will up to[...]

KARACHI: The Central Development Works Party (CDWP) has approved Rs26 billion to construct a 146km road from Hoshab to Awaran, on the M-8 Motorway. The resumption of construction work to complete the M-8 Motorway is a top priority, said China-Pakistan Economic Corridor (CPEC) Chairman Lt. General (Retd) Asim Saleem Bajwa[...]

ISLAMABAD: The Economic Coordination Committee (ECC) meeting chaired by Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh, approved the development of Kohala and Azad Pattan hydroelectric power projects, worth almost $3.758 billion under the China-Pakistan Economic Corridor (CPEC). The implementation agreement on Kohala and Azad Pattan[...]

ISLAMABAD: The government has approved Pakistan Railways’ Mainline-I Project at a cost of $7.2 billion after negotiating with China and International Monetary Fund (IMF). The Mega Railway Line project is the only declared strategic project by China and Pakistan under the China Pakistan Economic Corridor (CPEC). The project has been[...]

ISLAMABAD: The government of Azad Jammu and Kashmir (AJK), China Three Gorges Corporation and Private Power and Infrastructure Board (PPIB) have signed a tri-party deal worth $2.4 billion to establish the 1,124-megawatt Kohala hydroelectric power project deal. The power will be set up in AJK under the China-Pakistan Economic Corridor[...]

ISLAMABAD: The National Highway Authority (NHA) arranged a roadshow to showcase the Sukkur-Hyderabad Motorway (M-6) in a bid to attract foreign investment for the project. Chairman NHA Capt (retd) Sikandar Qayyum, Zhang Bing – Second Secretary of Economic and Commercial Sector, Embassy of China and Hasan Javed – Secretary to[...]

KARACHI: Dhabeji Special Economic Zone (SEZ), a project of the China-Pakistan Economic Corridor (CPEC), has managed to attract interest from Japanese and Korean firms for the development of industrial zones in Pakistan. According to Sindh Special Economic Zones Management Company (SEZMC) Chief Executive Officer Abdul Azeem Uqaili, no less than[...]