CPEC will boost living standards, increase tourism in GB
Gilgit-Baltistan (GB) Legislative Assembly Speaker Fida Muhammad Nashad has said that the China Pakistan Economic Corridor (CPEC) will boost tourism in the 73,000 sq km region. While talking to media, he said that GB is called a paradise for mountaineers and is home to five of the 14‘eight- thousanders’ (peaks above 8,000 metres) in the […]
Other countries pull out, China increases investment in Pakistan
Karachi: Foreign direct investment (FDI) increased 10.5% in the first 11 months of 2015-16 on a year-on-year basis, according to statistics released by the State Bank of Pakistan (SBP) on Friday. Pakistan received FDI of $1,083.6 million in July-May, which is $103.3 million higher than the FDI received in the same 11-month period of the […]
‘CPEC is most important agreement in history of Pak-China cooperation’
Islamabad: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Abdul Rauf Alam on Tuesday said that China Pakistan Economic Corridor (CPEC) was the most important agreement in the history of Pakistan and China cooperation which would not only strengthen Pakistan’s economy bit it would also be an impregnable line of defence. The economic […]
Eastern alignment of CPEC: CDWP clears Rs34b Burhan Havelian expressway
By Shahbaz Rana The government on Friday cleared the Burhan-Havelian road to complete a missing link on the eastern alignment of China-Pakistan Economic Corridor at a cost of over Rs34 billion, while also giving the green light to a Rs202 million scheme for renovating the sprawling Prime Minister’s Office. The Central Development Working Party (CDWP) […]
An enduring partnership
Pakistan has all that’s required to be a star economy in Asia. From the pristine coastline of Gwadar in the south to the spectacular mountains of the north, it’s a resource-rich country located near the massive economies of China and India. More importantly, it has a young and dynamic population. Every time I visit Pakistan, […]
The Western Route
Islamabad: Members of the Senate Standing Committee on Finance have expressed their discontent with the government on its handling of the western route of the China-Pakistan Economic Corridor, implying that the authorities were undermining the project through their clandestine. Yesterday, the Senate Special Committee on CPEC also raised the same concerns regarding the disputed western […]
Raise in CPEC’s western route budget proposed
Islamabad: A senate panel has unanimously recommended the government to further increase budgetary allocations for the western route of China-Pakistan Economic Corridor (CPEC), showing apprehensions that the government was still not serious on building the road on priority. The Senate Standing Committee on Finance also proposed the government to increase salaries and pensions of federal […]
CPEC to boost trade activities in Pakistan: Mamnoon
Islamabad: President of Pakistan Mamnoon Hussain has said the business activities in the country will be given a much needed boost by the China Pakistan Economic Corridor (CPEC). He made the statement as he was talking to delegations of parliamentarians of Southern Punjab, Multan Chamber of Commerce and Industry and farmers. He added that no […]
‘CPEC to change security paradigm of region’
Peshawar: Terming the China-Pakistan Economic Corridor (CPEC) project a game changer for Pakistan, noted intellectual and expert on CPEC Prof Dr Naushad Khan has said that this project would change the security paradigm of the region by making Pakistan’s Western and Eastern borders safe from external threats. Addressing a seminar on CPEC myth and reality […]
CPEC to include $26bn Diamer, Dasu dams: Ahsan
Islamabad: Federal Minister for Planning, Development and Reforms, Ahsan Iqbal has said that the Diamer-Bhasha and Dasu dams are a part of the China-Pakistan Economic Corridor (CPEC). Briefing a meeting of the special committee on CPEC here, the minister said that the dams would be built at a combined cost of $26 billion. “Diamer-Bhasha and […]