CPEC updates

ML-1 railway project finalised: Sheikh Rasheed

ML-1 railway project finalised: Sheikh Rasheed

October 10, 2019

ISLAMABAD: Federal Minister for Railways Sheikh Rasheed Ahmed on Wednesday told that the multibillion-dollar Main Line (ML-I) project has been finalised between Pakistan and China. During the meeting with Chinese Minister for Transport Li Xiaopeng, he said that the project will be a huge milestone and will provide immense opportunities[...]

COPHC gets 23-year tax exemption for establishing industrial units at Gwadar

October 9, 2019

ISLAMABAD: To facilitate China Overseas Ports Holding Company (COPHC) as they establish industrial units at Gwadar Port, the government has granted a tax exemption for 23 years, announced Federal Minister for Maritime Affairs Ali Haider Zaidi, accompanied by COPHC Chief Executive Officer Zhang Baozhong and Minister for Economic Affairs Hammad[...]
Gwadar developing at a fast pace to match international standards: Zaidi

Gwadar developing at a fast pace to match international standards: Zaidi

October 9, 2019

Islamabad: Minister for Maritime Affairs Ali Haider Zaidi on Tuesday said that the various associated projects of the port city Gwadar are nearing completion at an accelerated pace to develop the port city up to international standards. Addressing a news conference in Islamabad, the minister informed of headway made on[...]
Pakistan, China pledge to accelerate CPEC projects

Pakistan, China pledge to accelerate CPEC projects

October 9, 2019

BEIJING: Pakistan and China pledged on Tuesday to accelerate the CPEC projects, remove the obstacles in the completion of the projects associated with the corridor, and also to hasten the implementation of the second phase of the China-Pakistan Free Trade Agreement (FTA). Appreciating the steps taken by Pakistan to advance[...]
Welfare projects kicked off in Gwadar

Public welfare projects kicked off in Gwadar

October 5, 2019

Quetta:            The Balochistan Government has finalised a plan to roll out development projects in Gwadar, including expediting progress on the drinking water projects in the city. While talking to media, a government official said that development in Gwadar city is the responsibility of the provincial government, for which it has approved[...]
Pak-China Free Trade Agreement to be in effect soon: Ambassador Hashmi

Pak-China Free Trade Agreement to be in effect soon: Ambassador Hashmi

October 5, 2019

BEIJING: Pakistan Ambassador to China Naghmana Alamgir Hashmi has informed that the Free Trade Agreement (FTA) signed between Pakistan and China would be in effect in the coming months. In an exclusive interview to China Economic Net (CEN) on Friday, she said, “Actually, the free trade agreement will hopefully be[...]
PM Khan reviews CPEC progress in an important meeting

PM Khan reviews CPEC progress in an important meeting

October 3, 2019

ISLAMABAD: Prime Minister Imran Khan, in a meeting on Wednesday to review progress on CPEC projects and economic cooperation with China, reiterated the commitment for timely completion of CPEC related projects. The premier said that the CPEC is a manifestation of Pakistan-China friendship. He said that it is the top[...]
CPEC projects to get a new push: Chinese Ambassador to Pakistan

CPEC projects to get a new push: Chinese Ambassador to Pakistan

October 2, 2019

ISLAMABAD: Chinese Ambassador to Pakistan, Yao Jing has ruled out any slumps in the projects under the CPEC. He told that they [projects] were to get a new push. “There is no slowdown of CPEC as its foundation is solid and the course is set for the start of a[...]
China wishes to broaden CPEC scope

China wishes to broaden CPEC scope

October 2, 2019

BEIJING: China has expressed desires to expand the scope of CPEC to aid the governments in their endeavour, improving the living conditions of Pakistani people. Through correlative consultation, China will actively help Pakistan in carrying out projects for the betterment of people’s livelihood, said Cheng Xizhong, a visiting professor of[...]
$1.9 billion hydropower project under CPEC to pick up the pace

$1.9 billion hydropower project under CPEC to pick up the pace

September 30, 2019

ISLAMABAD: Pakistan-China to accelerate one of the largest projects under the CPEC initiative, according to media reports. The run-of-river project, Suki Kinari Hydropower Project, is being established alongside the Kunhar River in Khyber Pakhtunkhwa. One of the largest private sector power development projects, Suki Kinari Hydropower is part of CPEC[...]