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: Govt asked to build western route first

Peshawar: Awami National Party-Wali’s Central General Secretary Aurangzeb Kasi demanded the government construct the western alignment of the China Pakistan Economic Corridor first. He said the western alignment would lead to the prosperity of underdeveloped areas of Khyber-Pakhtunkhwa and southern Punjab. A press release said he expressed these views after a meeting with party leader […]

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 […]

The CPEC opportunity

Taller than the tallest mountain and deeper than the deepest sea is how President Xi Jinping epitomised the friendship between China and Pakistan when he addressed Pakistan Parliament on May 20, 2015 during his first visit to what he described as a brother’s home. To fathom this friendship we need to start from the very […]

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. […]