China

Karot Project: 5 million people to benefit from clean energy

Karot Project: 5 million people to benefit from clean energy

November 28, 2019

GENEVA: The Karot Hydropower Project, part of the China-Pakistan Economic Corridor (CPEC) and financed by China’s Silk Road Project, will generate clean energy for around five million people in Pakistan once completed, said Zhou Taidong, from the China Centre for International Knowledge on Development. The project, a run-of-the-river dam with[...]
KCR project to be revived by Chinese financing

KCR project to be revived by Chinese financing

November 17, 2019

ISLAMABAD: Pakistan will soon request Chinese authorities for the financing of the Karachi Circular Railways (KCR) project. The decision was made in the 9th Joint Cooperation Committee (JCC) held in Islamabad recently. The project can greatly reduce the public traffic woes of Karachi which lacks an effective and modern Mass[...]
CPEC security to be given utmost importance

CPEC security to be given utmost importance

November 12, 2019

ISLAMABAD: Pakistan and China have agreed to incorporate increased use of technology to enhance the security system in place to monitor the China-Pakistan Economic Corridor (CPEC), identifying Gwadar Port as a pilot project for the purpose. While the Chinese government extended its appreciation for the current provisions in place to[...]
Increase in exports to China on the cards

Increase in exports to China on the cards

November 12, 2019

BEIJING: Considerable increase in products and geographic coverage will set a new tone for exports to China as the Pakistan-China Free Trade Agreement (FTA) enters its second phase, said Adviser to Prime Minister on Commerce Abdul Razak Dawood. Seizing the opportunity given by the Chinese government to increase the volume[...]
CPEC to focus on economic growth in future projects

CPEC to focus on economic growth in future projects

November 6, 2019

ISLAMABAD: Pakistan and China, in the latest meeting regarding the China-Pakistan Economic Corridor (CPEC), have agreed to shift the mega project’s focus from infrastructure development – barring the $9 billion Mainline-1 projects – to work on economic progression in future projects. Decisions to expand the CPEC scope to copper, gold,[...]
Emulation of China’s ‘Rural Tourism’ model recommended

Emulation of China’s ‘Rural Tourism’ model recommended

November 3, 2019

LAHORE: In a bid to introduce new concepts in Pakistan tourism, the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has suggested following China’s footsteps to promote ‘Rural Tourism’ in the country. China has been following its rural revitalising strategy since 2017, which is not only easing the stranglehold[...]
World’s major companies to install solar panel, lithium battery plants in Pakistan

World’s major companies to install solar panel, lithium battery plants in Pakistan

October 28, 2019

ISLAMABAD: Two of the world’s top companies are geared up to install solar panel plants in Pakistan, said Federal Minister for Science and Technology Fawad Chaudhry. According to the minister’s announcement on Twitter, a major Chinese company will also be establishing a lithium battery plant in Pakistan. “The good news[...]
CPHGC completes 1,320MW power plant in Balochistan

CPHGC completes 1,320MW power plant in Balochistan

October 26, 2019

KARACHI: China Power Hub Generation Company (CPHGC) and General Electric (GE) on Thursday announced the successful completion of a power plant with a 1,320-megawatt production capacity in Balochistan. “We are proud to deliver this project with agile execution, and have completed this work in cooperation with GE on schedule and[...]
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[...]
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[...]