Govt approves Rs 8.12/unit tariff for China hub power plant

Islamabad: Government has approved China hub power plant to set power tariff at Rs 8.12 per unit, Dunya News reported Wednesday. The coal-based power plant being constructed jointly by China Power Investment Corporation and Hub Power Company (HPC) will cost around USD 2 billion. The project will add 1,320 Mega Watt (MW) electricity to the […]

Summary forwarded to PM for convening CCI meeting on CPEC

Islamabad: Minister for Inter Provincial Coordination (IPC), Riaz Hussain Pirzada Wednesday informed National Assembly (NA) that the ministry has sent a summary to the Prime Minister (PM) to convene a meeting of the CCI regarding CPEC project. Responding to a question of Member National Assembly (MNA) Nafeesa Khattak, he said the ministry has also sent […]

Western route: K-P hands Centre wishlist of CPEC projects

By Shahbaz Rana Islamabad: The disgruntled Khyber-Pakhtunkhwa government has sought 6,000 megawatt power projects and representation on the working groups of the China-Pakistan Economic Corridor (CPEC) project. In a meeting with Federal Minister for Planning and Development Ahsan Iqbal in Islamabad, Chief Minister Pervez Khattak unveiled what he wants for his province in the multibillion-dollar […]

Pak China Media well poised to play effective role in further fostering bilateral relations

Islamabad: Pakistan China media is well poised to play an effective role in the promotion of bilateralrelations of the two countries with focus on further strengthening their economic bonds, said Managing Director, Associated Press of Pakistan (APP), Masood Malik here on Tuesday. While briefing a Chinese media delegation which visited APP Headquarters here. He said […]

Economic corridor: Federal government tries to ease concerns, remove suspicions

Islamabad:Federal Minister Planning, Development and Reform Ahsan Iqbal has stated that work on western route of the China-Pakistan Economic Corridor (CPEC) progressing in full swing and the Gwadar-Surab Section will be completed by December 2016. The ground-breaking of D.I. Khan Section will take place in March this year and will be completed by July 2018. […]

Pak Navy allocates Special Marine Battalion at Gwadar port

Gwadar: With the development of the deep sea port at Gwadar, the Pakistan Navy is anticipating fresh security challenges. It has thus allocated a Special Marine Battalion at the port for surveillance. These marines will safeguard sea links used for communication and provide protection to trade ships routing in and out of the port in […]

CPEC’s success will change Pakistani politics: Iqbal

Islamabad: Federal Minister for Planning and Development Ahsan Iqbal has said that the success of China-Pakistan Economic Corridor (CPEC) will change the political dynamics of the country. Speaking to media , the minister said that Pakistan Muslim League – Nawaz (PML-N) does not want confrontation against anyone and wish to resolve the issues of the […]

‘CPEC initiative to put Pakistan on a sustainable growth path’

Lahore: Waqar Asghar is the Chief Executive Officer of Volvo Pakistan Limited. In an interview, he shared his views about the state of public transport in Pakistan. Q. What is the true potential of passenger buses and goods trucks in Pakistan? A. Potential for transport equipment depends on many factors. First you have to have […]

CPEC’s impact on Pakistan’s social, economic outlook

By Furqan Rao Though terrorism has been affecting Pakistan since last two decades, one thing that might have even worse consequences for the national development are racial, ethnic and regional biases. Some immature politicians are adding to the fuel as they are giving an ethnic colour to every issue, most of the time illogically, just […]

CPEC to be beneficial for all Central Asian States: PM

Islamabad: Prime Minister Muhammad Nawaz Sharif has said that China Pakistan Economic Corridor (CPEC), developed with the help of China, would be beneficial for all the Central Asian States, including Kazakhastan. He was talking to First Deputy Defence Minister / Chief of General Staff of the Armed Forces of Republic of Khazakhstan, Colonel General Zhasuzakov […]