Pak-China agree to create e-corridor to supplement CPEC
Islamabad: Keeping in view importance of China Pakistan Economic Corridor (CPEC) in establishing greater connectivity in the region, Pakistan and China agreed to enable development of a range of initiatives in ICT sphere to create an e-corridor to supplement the CPEC. In this regard, a high level Chinese delegation led by Chairman, China Investment Promotion […]
China Seen Funding Half of Pakistan $1 Billion Clean Power Push
Islamabad: Pakistan expects half of the $1 billion it’s seeking for clean-energy projects this year to come from China after an agreement between the two nations aimed at helping the government in Islamabad develop its infrastructure for years to come. Syed Aqeel Hussain Jafri, director of policy at Pakistan’s Alternative Energy Development Board, said 90 […]
Gwadar and “the String of Pearls”
Is China actively building up its maritime presence in the Arabia Sea, to dominate vital sea lanes and perhaps encircle India with a chain of naval bases? There can be little doubt that China views Gwadar as a potentially useful asset. China, however, will know better than anyone that Gwadar has two considerable limitations. Gwadar […]
CPEC would immensely benefit people of GB: Mamnoon Hussain
Islamabad: President Mamnoon Hussain says Pakistan Government is working to determine administrative status of Gilgit-Baltistan without changing its principled stand on Kashmir issue. Talking to a delegation of Gilgit-Baltistan in Islamabad on Thursday, he said the government is looking into legal aspects to resolve issues faced by GB. The process will not only help crystallize […]
Pakistan’s investment profile improved due to CPEC: Ahsan
Islamabad: Minister Planning, Development and Reform Ahsan Iqbal on Thursday said Pakistan’s profile improved enormously in terms of investment destination because of China-Pakistan Economic Corridor (CPEC) coupled with the improved economic indicators and law and order situation across the country. “Under Vision-2025, we are restructuring of portfolio of our productive sectors on cluster-based approach to […]
Locations for CPEC industrial zones being identified; National Assembly body told
Islamabad: Secretary, Ministry of Industries and Production (MoI&P), Arif Azim has said that the Ministry has started the process to identify locations for country-wide industrial zones to be established under the China Pakistan Economic Corridor. He shared this information with the members of Standing Committee on Industries and Production which met with Asad Umar in […]
Pak, China agree on e-corridor
Islamabad: Keeping in view the importance of the China-Pakistan Economic Corridor (CPEC) in terms of regional connectivity, Pakistan and China on Wednesday agreed to enable development of a range of initiatives to create an e-corridor to supplement the CPEC. A high level Chinese delegation led by Yan Lijin, chairman of the China Investment Promotion Centre, […]
China’s One Belt, One Road initiative promises to be the biggest generator of Asian mega- projects
By Matt Miller While the Chinese economy has slowed, mega-projects associated with the One Belt, One Road initiative are rolling ahead with no stop sign in sight. In mid-November, China Overseas Port Holding Co. signed a 40-year lease to gain control of more than 900 hectares around the Pakistani port of Gwadar, on the Arabian […]
CPEC Projects in Central Asia to promote economy
Islamabad: Implementation of China Pakistan Economic Corridor (CPEC), increasing manufacturing and infrastructure projects in the West-Central Asia Zone are strong business indicators that will boost Pakistan’s economy in 2016. Large scale manufacturing output rose to 3.9 per cent in the first quarter of fiscal year 2016 from 2.6 per cent in like period of FY-2015. […]
CPEC and smaller provinces
Islamabad: In the atmosphere of suspicion over the implementation of the China-Pakistan Economic Corridor (CPEC), the prime minister’s consultative meeting, which has led to the setting up of a high-powered 10-member committee, is a prudent move. Apart from the prime minister’s assurance of his personal involvement in the smooth enforcement of the CPEC, it has […]