CPEC

China Pakistan Economic Corridor speedily turning into reality: Ahsan Iqbal

Havelian - AFP

Minister for Interior and Planning, Ahsan Iqbal on Wednesday said the China Pakistan Economic Corridor (CPEC), only a dream about four years ago, was speedily turning into a reality and work on all its routes was fully on track. Talking to media here after reviewing the progress of Havelian-Thahkot Motorway, he said the 118 km long motorway would be completed by earlyRead more

China paves a new Silk Road

Gwadar - Muslimchronicle

Remote and impoverished, Pakistan's Gwadar port at first glance seems an unlikely crown jewel in a multi-billion-dollar development project with China aimed at constructing a 21st century Silk Road. Situated on a barren peninsula in the Arabian Sea, Gwadar, or the "gate of the wind", owes its fortuitous selection as Pakistan's next economic hub to its strategic location near theRead more

China paves a new Silk Road

Gwadar - Muslimchronicle

Govt launches series of energy projects

Islamabad - Muslimchronicle

Federal Minister for Ministry of Parliamentary Affairs Sheikh Aftab Ahmed has said that the government initiated a number of hydel, solar and thermal projects to eliminate power load-shedding by next year. Talking to Radio Pakistan, he said that Prime Minister after coming into power in 2013 vowed to bring Pakistan out of darkness and eliminate load-shedding from the country byRead more

UAE, Pakistan can benefit from CPEC, says envoy

Abu Dhabi - ArabToday

The Pakistani ambassador to the UAE has spoken about how both countries can benefit from the China-Pakistan Economic Corridor (CPEC), a part of China’s ambitious One Belt, One Road multi-billion dollar initiative, and also part of Pakistan’s Vision 2025. “Pakistan will be pleased if the UAE can benefit from the project, as this is a win-win situation for all countriesRead more

Pakistan confident of managing its rising debt obligations to China

Islamabad - Arab Today

Pakistan is confident of managing its rising debt obligations to China as the world’s second-largest economy boosts investment in the South Asia nation by about 20 per cent. Pakistan will be able to handle repayments of Chinese soft loans to the government and businesses, which are part of a more than $50 billion of projects under the so-called China-Pakistan EconomicRead more

Zardari to attend Trump's inauguration in US

Karachi - Arab Today

Pakistan's former President Asif Ali Zardari will attend the inauguration of President-elect Donald Trump in the US on January 20, according to media reports. Zardari, co-chairman of Pakistan People's Party (PPP), was invited to the January 20 ceremony by the US government which he accepted. He will leave for the US on January 17, the Daily Times reported. Zardari, whoRead more

Pakistan To Secure $1B In Chinese Financing For Roads

Karachi - Arab Today

Pakistan expects to secure soft loans from China totalling around $1 billion (Dh3.67 billion) for three road projects in the China-Pakistan Economic Corridor (CPEC), a Pakistani official said on Tuesday. “Hopefully, [an] agreement will be signed between the two countries in this regard in China-Pakistan Joint Cooperation Committee (JCC) meeting to be held on December 29 in Beijing,” Ashraf Zaman,Read more

Pakistan Army Chief Vows Support For China-Funded Mega Projects

Islamabad - Arab Today

Pakistan army chief General Qamar Javed Bajwa on Monday said that completion of the $46 billion (Dh168 billion) China-Pakistan Economic Corridor (CPEC) would usher in a new era of development in the restive Balochistan province. “The timely completion of CPEC will usher a new era of development in Balochistan and Pakistan Army is committed to this objective,” Gen Bajwa said.Read more