Iron, Steel giants mull over challenges, opportunities amid pandemic

By Bilal Sabri July 27, 2020 BEIJING – The 11th China Iron and Steel Development Forum contemplated upon the new challenges and opportunities being faced by the iron and steel industry under the COVID-19 pandemic. The theme of the session was “insisting on supply-side structural reforms and strengthening the construction of the iron and steel […]

Two Coal power plants to be set up in hub & thar under CPEC

Two coal fired power plants having capacity of 1650 MW will be set up in Hub, Balochistan and Thar, Sindh under China Pakistan Economic Corridor. Documents relating to Power Purchase Agreement and Implementation Agreement were signed in Islamabad today among China Power Hub Generation Company, HUBCO and Private Power Infrastructure Board. Under the agreements, 1320 […]

Work on CPEC optical fiber starts in Khunjerab

GILGIT – Work on the Optical Fiber Project of the China-Pakistan Economic Corridor (CPECP) has been started in Khunjerab area which will pass to Rawalpindi, Gwadar and other regions of Pakistan. The $44 million Pak-China Optical Fiber Project will be completed in two years. Once completed, the project will be connected with Trans-Asia-Europe (TAE) cable […]

Govt announces packages for Chinese investors

Lahore—The Punjab government has announced different packages for Chinese investors, in order to promote industries. The investors, aiming to invest Rs 200 billion at Quaid-e-Azam Apparel Park, will be given 25 acre land free of cost. This was stated by Punjab Minister for Industries Ch Muhammad Shafiq while talking to media, on his return from […]

Karachi – Lahore Motorway

Approved, Under construction 2015.[41] Project is expected to be completed by end of 2017. After project is completed, Karachi will be connected with Sukkhar, Multan, Lahore, Faisalabad, Rawalpindi, Islamabad, Peshawar by a high speed, controlled access 6 lane highway where commuters can travel at 120 km/hr. The network of Pakistan motorways will be connected to […]

Gwadar Port

Completed, handed over to China for 40 years starting 2015