ISLAMABAD: Pakistan and China will soon have a new and alternative short road connectivity as an alternative to the China Pakistan Economic Corridor (CPEC) which would be constructed by Pakistan at the cost of Rs 50 billion. The new route funded by the Pakistani government will be in addition to the Shandur route connecting to […]
CPEC
Rs83bn projects identified to modernise agriculture sector under CPEC
ISLAMABAD: As many as 18 projects worth around Rs83 billion have been identified in agriculture sector under the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) Project, with an aim to exploit its true potential and modernize it for the sustainable economic growth. “Agriculture development is the main component of the second-phase of CPEC and both China and […]
‘33% land purchased for Faisalabad’s economic zone’
ISLAMABAD – China-Pakistan Economic Corridor (CPEC) Authority Chairman Asim Saleem Bajwa on Monday said that the development work on Allama Iqbal Special Economic Zone (SEZ) in Faisalabad was in full swing and so far 33 percent land had been purchased by 69 investors. The total sale-able land in Allama Iqbal Special Economic Zone was 2,276 […]
‘88% work on first CPEC hydropower project completed’
China Pakistan Economic Corridor (CPEC) Authority Chairman Asim Saleem Bajwa said on Wednesday that about 88 percent of the work on the Karot Hydropower Project has been completed. In a tweet, he said that the hydropower project, which is being built on the River Jhelum, is the first of its kind under the CPEC […]
Countries shouldn’t run on donations, PPP tells Imran Khan
Pakistan People’s Party Chairman Bilawal Bhutto Zardari has asked Prime Minister Imran Khan to explain to the public why his government is compelled to repay Saudi Arabia’s three billion dollars loan, and what it is going to cost the nation for taking a commercial loan from China to clear the Saudi soft loan. In […]
Pakistan granting a US basing facility–Balochistan?
Pakistan Air Force has decided to have a new air base in Balochistan–Nasirabad. This could not come at a sensitive time, when the US has already requested Pakistan for basing rights to be used for its counter terrorism Ops in Afghanistan following its forces withdrawal from the country. Contrary to Jacobabad Base in Sindh–which is […]
Every Pakistani paying price of PM’s ‘Change Tsunami’: Bilawal
KARACHI: PPP chairperson Bilawal Bhutto-Zardari on Monday lambasted Prime Minister Imran Khan and blamed him for the various problems of the country, said a statement issued on Monday. Bilawal held the prime minister responsible for the dismal economic situation of the country, adding that “every Pakistani is paying the price of Imran Khan’s ‘Change Tsunami’”. […]
‘Third party’ will be invited in next phase of CPEC development: China
China and Pakistan will join hands in building a closer community of shared future in the new era against the backdrop of changing international landscapes, Chinese Ambassador Yao Jing has said. “The closer China-Pakistan community of shared future in the new era is a concrete measure taken by leaders of the two countries as per […]
Handling Pakistan’s economic challenges
The PTI government is confronted with many challenges, especially the handling of the inherited debt ridden economy. In this context, the government has been working to make an economic revival plan mainly focused on stabilizing the value of rupee, to increase exports and take other measures to increase the foreign exchange reserves, to muster sufficient […]
CPEC: External violence and internal opposition
Chinese leadership is keen to develop Gwadar as fast as circumstances will allow. For them, the ultimate objective is to reinforce partnership with Pakistan through China-Pakistan Economic Corridor (CPEC), of which Gwadar is the inalienable symbol. We are here for the long-term friendship and not for commercial profits. This is the resounding and reassuring message […]