First phase of CPEC to be completed by 2017
The first phase of the China-Pakistan Economic Corridor (CPEC) comprising energy projects would be completed by December next year. Chinese companies involved in the project are working tirelessly to complete energy projects in time, aimed at generating about 10,000MW of electricity, an official of the planning ministry said on Monday. Coal-based power plants of about […]
CPEC to make Pakistan hub of trade activities: CEO TDAP
Sialkot: Chief Executive Officer (CEO) Trade Development Authority of Pakistan (TDAP) S.M. Munir on Monday said that China-Pakistan Economic Corridor (CPEC) would help Pakistan to make it a hub of economics activities. Talking to APP, at Sialkot Chamber of Commerce and Industry (SCCI), he said that regular functioning of CPEC would bring revolutionary changes in […]
Tajikistan keen to become partner of CPEC: Envoy
Islamabad: Tajikistan has expressed the desire to become a partner of China Pakistan Economic Corridor. In an interview, Tajikistan Ambassador Sherali Saidamir Jononove said Pakistan’s geo-strategic location is beneficial for the region. He said Pakistan-Afghanistan-Tajikistan trilateral transit trade agreement will further strengthen Pak-Tajik trade and economic relations. To a question, the Ambassador said trade volume […]
CPEC adds to local cement consumption as exports fall
Lahore: Local cement consumption surged 17.49 percent in the first eight months of the current fiscal due to the growing infrastructure development projects in the country, data released by All Pakistan Cement Manufacturers Association (APCMA) said on Friday. Local cement supplies were recorded at 20.89 million tons in the July-February period, up from 17.78 million […]
US acknowledges CPEC’s importance for Pakistan’s socio-economic development: Ahsan Iqbal
Washington: Pakistan-US Knowledge Corridor and China Pakistan Economic Corridor (CPEC) are key projects that would take Pakistan to new heights in coming years as regards national development, Federal Minister Planning, Development & Reform Ahsan Iqbal said, while addressing Pakistani students at University of Pennsylvania in Philadelphia USA. Present government is working hard to lay strong foundation […]
Asian Bank, DFID to support economic corridor programme
Islamabad: The Asian Development Bank (ADB) will support the government’s strategy to strengthen regional connectivity and provide technical assistance for a project aimed at mapping out potential economic corridors to enhance trade, growth and job creation. The assistance would come under the ‘Pakistan Economic Corridors Programme’ (PECP) agreed upon by ADB and the Department for […]
CPEC to change destiny of country: Shehbaz
Lahore: Federal Minister Lt Gen (R) Abdul Qadir Baloch called on Punjab Chief Minister Muhammad Shehbaz Sharif and matters of mutual interest and other affairs were discussed during the meeting. Speaking on the occasion, Shehbaz Sharif said that under the leadership of Prime Minister Muhammad Nawaz Sharif, new journey of development and prosperity of the […]
CPEC would change fate of people of Pakistan: President
Lahore: President Mamnoon Hussain has said China-Pakistan Economic Corridor would change fate of the people of Pakistan. He was addressing participants of an International Medical Conference in Lahore. The President said besides the CPEC, the government has initiated a number of mega projects across the country. He urged medical practitioners to step forward and wage […]
Pakistan Navy’s distinctive plans to protect Gwadar seaport and Chinese there
By S.C Kohli Gwadar port city in Baluchistan was purchased by Pakistan from Oman in 1958 for Rs 5.5 billion Pak Rupees. At the present times, it is predominantly synonymous with China’s presence there. There is general perception that it was China which due to its strategic interests pursued Pakistan to develop Gwadar seaport. […]
Envoy stresses boosting Pak-China ties
Faisalabad: Counsel General of China in Lahore Yu Boren called for further enhancing bilateral cooperation in different fields. He was addressing an event held at the University of Agriculture Faisalabad to celebrate 65 years of Pak-China friendship at the Iqbal Auditorium. He said that 2015 was the harvest year of the China- Pak ties and […]