China Likely To Invest $500 Million In Pakistan Renewable Energy Sector
By Saurabh Mahapatra Pakistan expects $1 billion investment in its renewable energy sector this year with about half of it likely to come from China. The director of Pakistan’s Alternative Energy Development Board, Syed Aqeel Hussain Jafri, recently stated that China is expected to invest around $500 million to develop renewable energy projects in Pakistan. […]
US tacitly supporting Chinese investments in PoK, Gwadar port: Sources
By Anchal Vohra The United States is tacitly supporting Chinese investments in Pakistan Occupied Kashmir and even those at Gwadar port, say sources. The revelation comes at a time when the Barack Obama administration has decided on selling eight F-16s to Pakistan ignoring India’s displeasure. US envoy to India Richard Varma said that the Chinese […]
PM Nawaz inaugurates world’s first solar Parliament
Islamabad: Prime Minister Nawaz Sharif on Tuesday inaugurated the world’s first ever solar-powered Parliament House. “I appreciate the initiatives of National Assembly speaker and Senate chairman for making the country’s parliament the first in the world to be run entirely on solar power,” the premier said while addressing the inauguration ceremony. “It is encouraging to […]
Both Iran, Pakistan stand to benefit from One Belt, One Road
Beijing : During Chinese President Xi Jinping‘s recent visit to the Iranian capital of Tehran in January, the two countries agreed to cooperate in a number of areas including energy, transportation, railways and ports. The new development raised some concern in the Pakistani media that the China-Pakistan Economic Corridor (CPEC) could face some competition from […]
CPEC to bring economic development in Country: Baloch
Islamabad: Federal Minister for States and Frontier Regions (SAFRON) Lt. General (Retd) Abdul Qadir Baloch has said the security arrangements have been finalized regarding China Pakistan Economic Corridor (CPEC) as it will bring socio-economic development in the country. Talking to Pakistan Television (PTV), he said CPEC would be completed at any cast as the speedy […]
Govt Released Rs 1.34 billion to Execute IT and Telecom Projects
By Asma Bloach Islamabad: Under the Public Sector Development Programme (PSDP), the government has so far released Rs 1.342 billion for various ongoing projects of the Ministry of Information Technology and Telecommunication this year. According to the data revealed, China has released Rs 1.15 billion for formation of cross-border Optical Fibre Cable (OFC) system between China and […]
CPEC western route work progressing in full swing
Islamabad: Work on the western route of China Pakistan Economic Corridor (CPEC) is progressing in full swing. Gwadar-Surab Section will be completed by December 2016 while ground-breaking of D. I. Khan Section will take place in month of March this year and will be completed by July 2018. Western route is very much part of […]
CPEC to expand Pakistan’s trade, energy links: Sartaj
Islamabad: Prime Minister’s Adviser on Foreign Affairs Sartaj Aziz says China Pakistan Economic Corridor (CPEC) will hugely impact Pakistan as well as the whole region. Addressing a ceremony in Islamabad on Thursday evening, he said CPEC will help in overcoming poverty, inequality and unemployment in the less developed areas of the country. He said Pakistan’s […]
CPEC eastern, western routes linked with each other: NA told
Islamabad: State Minister for Parliamentary Affairs, Sheikh Aftab Ahmed on Thursday informed the National Assembly that China-Pakistan Economic Corridor (CPEC) project’s eastern and western routes would be connected to each other. He said the CPEC project was not only the name of roads but $46 billion project including energy projects and all provinces would get […]
CPEC power projects: government likely to extend supplemental agreement facility
Islamabad: The federal government is likely to extend facility of supplemental agreement to all the present and future power projects of China Pakistan Economic Corridor (CPEC) after consultation with China, official sources told Business Recorder. The Economic Co-ordination Committee (ECC) of the Cabinet on April 23, 2015 had approved the supplemental agreement in the following […]