China Seen Funding Half of Pakistan $1 Billion Clean Power Push

Islamabad: Pakistan expects half of the $1 billion it’s seeking for clean-energy projects this year to come from China after an agreement between the two nations aimed at helping the government in Islamabad develop its infrastructure for years to come. Syed Aqeel Hussain Jafri, director of policy at Pakistan’s Alternative Energy Development Board, said 90 […]

Gwadar and “the String of Pearls”

Is China actively building up its maritime presence in the Arabia Sea, to dominate vital sea lanes and perhaps encircle India with a chain of naval bases? There can be little doubt that China views Gwadar as a potentially useful asset. China, however, will know better than anyone that Gwadar has two considerable limitations. Gwadar […]

CPEC would immensely benefit people of GB: Mamnoon Hussain

Islamabad: President Mamnoon Hussain says Pakistan Government is working to determine administrative status of Gilgit-Baltistan without changing its principled stand on Kashmir issue. Talking to a delegation of Gilgit-Baltistan in Islamabad on Thursday, he said the government is looking into legal aspects to resolve issues faced by GB. The process will not only help crystallize […]

Pakistan’s investment profile improved due to CPEC: Ahsan

Islamabad: Minister Planning, Development and Reform Ahsan Iqbal on Thursday said Pakistan’s profile improved enormously in terms of investment destination because of China-Pakistan Economic Corridor (CPEC) coupled with the improved economic indicators and law and order situation across the country. “Under Vision-2025, we are restructuring of portfolio of our productive sectors on cluster-based approach to […]