CPEC

NHA features M-6 in roadshow to attract foreign investment

NHA features M-6 in roadshow to attract foreign investment

February 19, 2020

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[...]
CPEC project attracts interest from Japanese, Korean firms

CPEC project attracts interest from Japanese, Korean firms

January 22, 2020

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[...]

ML-1 project, economic zones to aid poverty alleviation: Asad

January 14, 2020

ISLAMABAD: Federal Minister for Planning and Development, Asad Umer on Monday said that feasibility for ML-1 project has been formulated and $9 billion would be spent for the improvement of the railway system. While speaking to a private news channel programme, he further stated that the current government is resolute[...]

Minister apprises NA regarding CPEC projects

January 12, 2020

ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar informed the members of National Assembly (NA) regarding the details of China Pakistan Economic Corridor (CPEC) projects. The minister shared that the total cost of CPEC projects is approximately $50 billion, out of which 13 projects worth approximately $11bn are[...]
Pakistan, Poland have vast scope to increase trade, says envoy

Pakistan, Poland have vast scope to increase trade, says envoy

November 30, 2019

ISLAMABAD: While bilateral trade volume between Pakistan and Poland has seen an increase of half a billion euros, Poland Ambassador to Pakistan Piotr A Opalinski believes that there is still plenty of room for more. Addressing the business community in a visit to the Islamabad Chamber of Commerce, Opalinski said[...]
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[...]
US to send 15 trade delegations to Pakistan in 2020

US to send 15 trade delegations to Pakistan in 2020

November 28, 2019

WASHINGTON: The United States intends to send 15 trade delegations to Pakistan next year to explore possible avenues for expanding trade with the country, says Assistant Secretary of State Alice Wells. The information came from a paper Ms Wells recently read at a Washington think-tank, Wilson Centre, focusing heavily on[...]
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[...]
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,[...]
Work on Babusar Top tunnel to start next year

Work on Babusar Top tunnel to start next year

November 6, 2019

ISLAMABAD: Construction of the Babusar Top tunnel connecting Kaghan Valley to Chilas, Gilgit Baltistan will start as soon as funds for the project are allocated in the next budget, said a senior official of the Ministry of Kashmir Affairs and Gilgit Baltistan. While the existing Babusar Pass serves the same[...]