All posts tagged "CPEC"

19.5 km Eastbay Expressway of Gwadar port aided by China opened to traffic

The inaugural ceremony of the China-aided Eastbay Expressway of Gwadar port was conducted on Friday in the port city of Pakistan’s southwest...

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Energy scarcity of Gwadar to end by 2023 after completion of 300 MW coal power plant

The longstanding issues of the port city of Gwadar because of increasing energy scarcity would be settled by October 2023 after the...

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Pakistan has asked Turkey to join multibillion-dollar CPEC project

Prime Minister Shehbaz Sharif suggested expanding and including Turkey in the multibillion-dollar China Pakistan Economic Corridor (CPEC).  While talking at the launch...

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720MW Karot hydro project built under CPEC at a cost of $1.7 billion starts trial operation

Under the China-Pakistan Economic Corridor (CPEC), the first hydropower project with 720MW Karot Hydropower Project (HPP) has begun trial operations as two...

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Civil work of 1,320 MW Thar Coal Block-1 to complete this year

Civil works of the under-progress 1,320 MW Shanghai Electric Thar Coal Block-1 Power Generation Company (PVT) Ltd. project are planned to attain...

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Progress reviewed on $3.5 billion plan to rebuild Karachi’s coastline under CPEC

Top management of the Board of Investment (BOI) and Karachi Port Trust (KPT) has reviewed progress on the Karachi Comprehensive Coastal Development...

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CPEC to remain top priority of the new Shehbaz government

CPEC has always been at top priority of the Shehbaz government and change of command in Pakistan does not affect the long-standing...

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NHA allows PC-1 of Rs 44 billion for Muzaffarabad-Mansehra CPEC Link Road

The Executive Board of the National Highway Authority (NHA) has recommended the PC-I for the construction of the Muzaffarabad-Mansehra (China Pakistan Economic...

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Automotive

Pakistan’s first all-steel radial tire plant, Service Long March, starts production

Pakistan’s first all-steel radial truck/bus tire plant, Service Long March Tyres Pvt Ltd, kicked off production recently under China-Pakistan Economic Corridor (CPEC)....

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China investing over $400 billion in nearly 600 projects across Muslim world

China is looking forward to investing over $400 billion in almost 600 projects all over the Muslim world under the Belt and Road...

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Special Economic District at Gwadar Smart Port City to be made tax-free zone under CPEC

The Gwadar Smart Port City Master Plan says the proposed special economic district (SED) is expected to get tax-free status. In accordance...

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Pakistan identified 64,000 hectares of area for tea cultivation along CPEC route

As Tea is a part of Pakistani culture and the best source of hospitality for the guests, the Pakistan government has decided...

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China plans $10-$15 billion investment and create industrial units at Gwadar Free Zone

Pakistan has received promises from China for attaining investments of $10-$15 billion for a number of sectors, as well as for creating...

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Accord signed with China for industrial cooperation under CPEC Phase II

With the visit of Prime Minister Imran Khan in Beijing the previous day, Pakistan and China on Friday pen down the Framework...

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ADB pitches ‘Economic Corridor’ model to fully capitalise on CPEC

Pakistan is strong enough to become the nucleus of economic activity for Central, South, and West Asian countries in case it follows...

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Pakistan to build 17 Intelligence Bureau offices along CPEC route

For the enhancement of the security of the China Pakistan Economic Corridor (CPEC), Pakistan will pursue Chinese funding to construct the 17...

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Key part of CPEC western route, 293 KM Hakla-DI Khan Motorway opened

At a ceremony in Islamabad, Prime Minister Imran Khan officially opened the 293 kilometres long Hakla-Dera Ismail Khan Motorway. PM Imran Khan remarked...

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China honours outstanding Pakistani workers of CPEC projects

Asad Umar recently spoke at an award-giving ceremony pronounced for 27 Pakistani workers of various CPEC projects due to their exceptional performance...

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Hyderabad-Sukkur Motorway to be constructed on BOT basis at a cost of Rs 191 billion

The Executive Committee of the National Economic Council (Ecnec) has officially approved four development plans valued at Rs 265 billion, as well...

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Aviation

New Gwadar airport approved at Rs 51.298 billion, a 550% higher cost

The Federal Government made approval for setting up of New Gwadar International Airport (NGIA) having over 550 percent higher cost i.e. Rs...

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Pakistan offers huge opportunities to Chinese investors in the textile sector

Pakistan has offered the Chinese investors gigantic opportunities to mature a deeper understanding of the investment opportunities in the textile sector, said...

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300MW Gwadar coal power plant worth $542.32 million to create over 1000 jobs

The 300 MW coal fire-based power project at Gwadar would produce above 1000 employments for the native persons and decrease the electricity...

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Aviation

New Gwadar International Airport 2nd revised project okayed by ECNEC

The Executive Committee of the National Economic Council (ECNEC) authorized the second amended proposal for the New Gwadar International Airport (NGIA) at...

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Gwadar to become a major logistic hub in region within five years

Gwadar, a significant constituent of the China Pakistan Economic Corridor (CPEC) would be developed the logistics hub in the area in five...

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New 400MW green hydrogen production plant expected to be made part of CPEC projects

A new 400 megawatts green hydrogen production plant is expected to be included in the China–Pakistan Economic Corridor (CPEC) projects. Oracle Power,...

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CPEC power project in Sindh’s Thar Block-II generated 1838 local jobs

Thar Energy Limited (TEL) and ThalNova Power Thar Private Limited (TNPTL) Power Plant Projects at Thar Block-II have provided jobs to 1838...

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$3.5 billion Karachi Coast development plan is latest addition to CPEC projects

Pakistan and China signed a memorandum of understanding for the development of the Karachi Coastal Comprehensive Development Zone during the most recent...

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Five million Chinese will be working in Pakistan in next four years

According to a leading public health specialist, about 5 million Chinese nationals will be working in Pakistan by 2025 as part of...

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Chinese firms to invest $15 billion in the petrochemical industry

Chinese companies have showed interest to invest $15 billion in Pakistan’s petrochemical industry, a venture that also includes the development of constructing...

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First HVDC power transmission project under CPEC becomes operational

The first China-Pakistan Economic Corridor (CPEC) power transmission project, the 660kV High-Voltage Direct Current (HVDC) Matiari-Lahore transmission line, started commercial operations on...

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Khalid Mansoor appointed SAPM on CPEC affairs as Asim Bajwa resigns

Prime Minister Imran Khan on Tuesday appointed Khalid Mansoor as his special assistant on China-Pakistan Economic Corridor affairs after the resignation of...

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Pakistan ranks top 10 nations in business environment

According to a new report by global think tanks, Pakistan has now become one of the 10 top economies with the most...

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Exploration & Production activities to get CPEC like security cover

The government has decided to make China-Pakistan Economic Corridor (CPEC) style security system for the Exploration and Production (E&P) activities in Pakistan. For a long, the...

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Singapore investors urged to set up industries in CPEC SEZs

China-Pakistan Economic Corridor (CPEC) Chairman Lt Gen (retd) Asim Saleem Bajwa called upon investors from Singapore to tap into the opportunities being developed at the...

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Pak-China relations steering committee includes provinces, AJK and GB in its fold

The Pak-China Relations Steering Committee has decided to expand its membership by bringing provinces in its fold and clarified its role in...

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G7 leaders launch Build Back Better World (B3W) to counter China’s BRI

G7 leaders have launched a new global infrastructure initiative Build Back Better World (B3W) to help developing nations, countering China’s Belt and...

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Pakistan’s various sectors ready to receive CPEC benefits

Pakistan’s various sectors are ready to receive maximum benefits from the China-Pakistan Economic Corridor (CPEC) project which is considered a game-changer for Pakistan. According to experts...

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Pakistan announces new visa policy for Chinese nationals

Sheikh Rasheed, the Interior Minister, announced a new visa policy for Chinese nationals working on CPEC projects, saying they will be given...

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Chinese visitors in Shanghai fascinated with made-in-Pakistan showpieces

Chinese visitors are fascinated by the made-in-Pakistan showpieces, featuring Pakistani textiles, costumes, carpets, jewelry, gemstones, and handicrafts. At an exhibition titled “Threads...

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PM Khan approves establishment of special economic zone in Karachi

Prime Minister Imran Khan has approved the establishment of a Special Economic Zone in Karachi under CPEC, saying that it is not...

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China agrees to open Khunjerab border for trade

After a number of requests of Pakistan to China, the Chinese government now has agreed to open the Khunjerab border, keeping in...

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Pakistan offers China partnership in $9 billion PARCO coastal refinery

The government of Pakistan is going to seek investment from China for becoming a shareholder in the state-of-art PARCO coastal refinery and...

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Technology

In a bid to bypass India, China building ‘Digital Silk Road’ in Pakistan

According to a report, as part of the broader Chinese Belt and Road Initiative (BRI), China is going to lay the final...

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Lahore-Matiari HVDC Transmission Line Project to be ready by April

The Matiari to Lahore ±660kV HVDC Transmission Line Project, the country’s first and mega High Voltage Direct Current project is expected to...

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Sweden invited to invest in CPEC, special economic zones in Pakistan

FPCCI has pressed for an increase in bilateral economic and trade relations between Pakistan and Sweden, it also called for an increase...

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Pakistan plans alternate 350 km shorter CPEC route to connect China

Pakistan is going to have another major route connecting China under the China-Pakistan Economic Corridor (CPEC), the alternate route would be around...

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Chinese Century Steel to set up first mill in Rashakai SEZ

A Chinese iron and steel firm is going to become the first foreign enterprise to establish its plant in the Rashakai Special...

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‘Pakistan’s export growth indicates its efficient economic policy’

Chinese professor, Cheng Xizhong, says Pakistan’s substantial export growth is a vindication of the govt’s policy to keep economy running during pandemic....

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Next phase of CPEC to include agricultural sector: PM Imran Khan

China-Pakistan Economic Corridor (CPEC) would lay emphasis on the agricultural sector in the very next phase, says Prime Minister Imran Khan. Speaking...

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Pakistan to achieve economic goals through CPEC

Asad Qaiser, the Speaker of the National Assembly of Pakistan during the meeting with the Ambassador of China, Nong Rong said that big goals...

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ML-1: China asks Pakistan for additional guarantees for $6 billion loan

Before sanctioning the $6 billion loan for the Main Line-1 (ML-1) project China is seeking additional guarantees from Pakistan due to Pakistan’s...

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CPEC: Sukkur-Multan Section of Peshawar-Karachi Motorway Opened for Traffic

Sukkur-Multan section of the largest project under the China-Pakistan Economic Corridor (CPEC) Peshawar-Karachi Motorway has been handed over to Pakistan and opened...

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Pakistan monthly exports to China witness 30% increase in November

Monthly exports of Pakistan to China witnessed an increase of 30 percent year-on-year in November 2020, improving the trade balance between both...

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Post-COVID-19, CPEC will become trade hub, says FO

Foreign Office (FO) in a statement said that after the coronavirus pandemic is brought under control, the CPEC would blossom into a...

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Pakistan, China finalize Gwadar projects for upcoming JCC

The 5th meeting of Pakistan China Joint Working Group (JWG) on Gwadar has finalized deliverable projects which would be placed before the...

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Pak-China school-enterprise cooperation initiated to promote talent for CPEC

To promote talent for CPEC, Pakistani students met with Chinese students to initiate school-enterprise cooperation among Chinese and Pakistani students. Pakistani students...

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CPEC brought $25 billion of FDI to Pakistan in 7 Years

CPEC has brought $25 billion worth of foreign direct investment (FDI) to Pakistan, said the Chinese Foreign Ministry spokesperson on Wednesday. Bringing...

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PM Imran to launch ‘CPEC City’ project in Khyber Pakhtunkhwa on 18 Nov

Prime Minister Imran Khan is going to launch work on the Rashakai ‘China-Pakistan Economic Corridor (CPEC) City’ on November 18. On Sunday,...

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China Three Gorges to become first Chinese company to list subsidiary on PSX

By the second quarter of 2021, Renewable energy company Three Gorges First (TGF) Wind Farm Private (Pvt) Limited (Ltd) a subsidiary of...

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CPEC set for expansion with plans for 3 additional road networks

The multi-billion-dollar China Pakistan Economic Corridor (CPEC) is going to be expanded soon and as per the decision of Pakistan and China,...

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Govt to Introduce New Law to Fast-Track CPEC Projects

A new law for the China-Pakistan Economic Corridor (CPEC) projects is going to be introduced by the government to fast-track their progress....

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Govt Okays Gwadar International Airport Project at 147 Percent Higher Cost

The government has approved the New Gwadar International Airport project at the cost of Rs. 55.4 billion, which is 147% higher than...

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Asim Bajwa steps down as SAPM on information and broadcasting

Retired Lieutenant General Asim Saleem Bajwa announced that he is resigning from Special Assistant on the Prime Minister (SAPM) on Information and...

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Pakistan approves three new SEZs in Islamabad, Punjab and Sindh under CPEC

On Wednesday, Prime Minister Imran Khan approved three new Special Economic Zones (SEZs) that include National Science & Technology Park, Islamabad, JW-SEZ...

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‘ML-1 Railways project to create 150,000 jobs’

During a press conference at his camp office on Adam Road on Monday, Federal Minister for Railways, Sheikh Rasheed talked about the...

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CPEC Rashakai SEZ: A gateway to industrialization to create over .5 million jobs

Khyber Pakhtunkhwa, which shares a border with Afghanistan and regarded as a gateway province to Central Asia is looking to reap the...

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Pakistan, China to ink Rashakai SEZ agreement today

Pakistan and China will ink an agreement on the development of the Rashakai SEZ under the China-Pakistan Economic Corridor (CPEC). The agreement...

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PM Imran refuses resignation of Asim Bajwa as SAPM

ISLAMABAD: Prime Minister Imran Khan declined to accept the resignation of Asim Saleem Bajwa as SAPM on Information, and told him to...

Balochistan facilitation center investors

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Balochistan establishes facilitation center for investors in Islamabad

To provide information and to facilitate the investors in Balochistan, a facilitation center has been established in Islamabad. Such centers will also...

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PM Imran asks Chinese businesses to establish offices in Pakistan

On Monday, Prime Minister Imran Khan asked Chinese businesses to establish their regional business offices in Pakistan. The prime minister emphasized the...

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Education

CPEC: 20,000 Scholarships & Internship programs in pipeline for Pakistani workforce

Under CPEC 20,000 scholarships and 1500 short term internship programs to be offered to Pakistani workforce after Covid-19, announces Chinese Ambassador Yao...

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CPEC is transforming Pakistan’s remote Gilgit-Baltistan

The China Pakistan Economic Corridor (CPEC) is transforming the remote Gilgit-Baltistan into a lucrative business hub of Pakistan. Gilgit-Baltistan was once known...

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Pakistan launches CPEC internship programme to empower youth

Special Assistant to Prime Minister for information and Chairman CPEC Authority Lt Gen (r) Asim Saleem Bajwa announced the launch of a...

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Education

SUES and NTU Promotes Cooperation in Textile under CPEC

Pakistani University National Textile University (NTU) and a Chinese University, Shanghai University of Engineering Science (SUES) have jointly signed an agreement where...

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Pakistan approves CPEC’s strategic ML-1 railway project

Pakistan approves the US$6.8 billion Karachi-Peshawar railway modernization Mainline-1 (ML-1) project which is described as a big milestone. On Wednesday, the Executive...

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Technology

BRI boosts international cooperation in renewable energy

China Renewable Energy Engineering Institute hosted a webinar on Global Economy and Clean Energy Development and the participants stressed the importance of...

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Mansehra-Thakot Expressway opened for Traffic

Mansehra-Thakot Expressway had been opened for traffic before Eid. The milestone was announced by CPEC Authority Chairman and SAPM on Information and...

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Technology

New optical fiber cable operationalized from Khunjerab to Islamabad

The way towards digitization is in the development phase in Pakistan’s mega-project CPEC as the new optical fiber project is operationalized which...

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China to install phytosanitary facilities, build agriculture institutes in Pakistan

China plans on installing phytosanitary facilities in Pakistan to boost the fruit export, besides constructing vocational and technical agriculture institutions to educate...

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