CPEC updates

DHA-1 – Islamabad: Time Lapse & Drone Footage

April 8, 2019

DHA Phase-1 was launched in May 1992 by the Defence Housing Authority. Spread over an area of approximately 1100 kanal, Phase 1 is situated in the peaceful and scenic loop of Soan River close to the GT Road. The Phase is divided into 6 sectors, fully developed with all facilities[...]

Ghauri Town Time-Lapse And Drone Video

April 8, 2019

Ghauri Town is located in Islamabad Zone IV, accessible from the Main Lethrar Road and Islamabad Expressway. A project of Raja Ali Akbar and Ch. Abdu-Rehman Company, Ghauri Town comprises of 8 Phases. Phases 1-5 are fully developed, providing residents with all living amenities. A commercial market in the vicinity[...]

CPEC gains thrust, enters into second phase of cooperation

April 3, 2019

Islamabad: The Chinese Ambassador Yao Jing with an investor delegation held a meeting here in Islamabad. Federal Minister for Planning, Development & Reform Makhdoom Khusro Bakhtiar and the FBR team were also present to talk on investment incentives. Federal Minister (PDR) said the government attaches most importance to the Rashakai[...]

CPEC Rashakai Economic Zone to bring $128 million investment

April 3, 2019

Peshawar: Rashakai Economic Zone and its finance bill has been approved for execution at the Khyber- Pakhtunkhwa (KP) cabinet meeting. The first economic zone under China Pakistan Economic Corridor (CPEC) will be a joint venture of the China Road and Bridge Company (CRBC) and the provincial government. It will bring[...]

Commercial and trade opportunities for the U.S. under CPEC

April 3, 2019

Islamabad: While addressing a delegation from the Cornell University, President Dr Arif Alvi highlighted the people-centric agenda for the socio-economic development of Pakistan. The socio-economic reforms were targeted towards sustainable growth. As a result employment opportunities for youth will be created. Potential for regional trade, post completion of China Pakistan[...]

China to fund $230 million New Gwadar International Airport

April 3, 2019

Beijing: The Chinese government has funded $230 million for the New Gwadar International Airport under China Pakistan Economic Corridor (CPEC). Chinese foreign ministry spokesperson Geng Shuang expressed confidence over the project’s contribution to the development of the entire region and the world. In the Gurandani area, 26km northeast of Gwadar[...]

Qatar to invest in Pakistan over the next decade

April 2, 2019

Islamabad: Qatar Investment Authority (QIA) Head Sheikh Faisal Bin Thani Al-Thani met with Adviser to PM on Commerce Abdul Razak Dawood. Qatar is planning for an investment plan of 10-15 years in Pakistan. With a vision to have a long-term economic and strategic relationship between both nations, the meeting reaffirmed[...]

PM Imran Khan performs ground breaking of Quetta-Zhob Road

March 29, 2019

Quetta: Prime Minister Imran Khan performed ground breaking of the two-track Quetta-Zhob road (N-50 Motorway) today. The Quetta-Zhob road will pass through Kuchlak, Muslim Bagh and Qilla Saifullah. This road will reduce travelling time between Quetta and Dera Ismail Khan from 12 hours to 4 hours. The Quetta-Zhob road is one[...]

ECNEC approves Rs.96 billion development projects for Balochistan

March 29, 2019

Islamabad: Finance Minister Asad Umar chaired a meeting of Executive Committee of the National Economic Council (ECNEC). Two development projects for Balochistan with a total cost of Rs.96 billion have been approved. A proposal of the Ministry of Communications for the introduction of Intelligent Transportation System (ITS) has been approved.[...]