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 […]
Pakistan Reels With Internal Unease Regarding CPEC Implementation
By Umain Jamal In Pakistan, controversy continues to grow around the China-Pakistan Economic Corridor (CPEC), a multi-billion dollar economic agreement between the China and Pakistan that promises to build an economic trade corridor along the length of Pakistan, connecting western China to the Arabian Sea. Specifically, the corridor aims to connect Gwadar port in Balochistan to […]
CPEC rapidly moving towards completion: Shahbaz Sharif
Lahore: Chief Minister (CM) Shahbaz Sharif has said that different projects under the China-Pakistan Economic Corridor (CPEC) are rapidly moving towards completion. The Chief Minister expressed these views in a meeting with federal minister Abdul Qadir Baloch in the provincial capital. He said that Pakistan’s future would be revolutionized after completion of the massive USD […]
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. […]
CPEC pushes steel demand in Pakistan
Karachi: The launch of a series of mega development and power projects in the country under China -Pakistan Economic Corridor (CPEC), the annual demand for steel products will increase by more than thirty percent to 6 million tones from 4 mts. Vice Chairman, Pakistan Steel Re-Rolling Mills Association (PSRMA) Akhtar Saeed told APP here that […]
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 […]