Pakistan hopes its projects will be cleared first by AIIB

BEIJING: Praising the speed at which the China-backed Asia Infrastructure Investment Bank (AIIB) was launched, Pakistan has said that it hopes its projects will be among the first batch of schemes to be cleared by the multilateral development bank. The management of the long-awaited AIIB is now working “very seriously” on devising the first projects, […]

Pakistan emerges China’s largest investment destination: Sun Weidong

Islamabad: Pakistan: Chinese Ambassador to Pakistan Sun Weidong on Monday said that his government was encouraging its entrepreneurs to invest in Pakistan and as a result China’s direct investment in Pakistan has reached to $3.6 billion. “This direct investment is the highest in South Asia and this trend will remain upward in the years to […]

Pakistan welcomes ”lean, clean and green” AIIB: Dar

Beijing: Pakistan welcomes the Asian Infrastructure Investment Bank”s (AIIB”s) strong policies on governance, accountability, financial, and social framework and its ideals of “lean, clean and green,” bank. Finance Minister Ishaq Dar expressed these views adding that his country hoped to see the bank focus on the mega projects in areas of infrastructure, energy and transport […]