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Development of smart cities among opportunities in Belt and Road Initiative: Survey

SINGAPORE – Multinational organisations, firms and financial institutions see developing smart cities, industrial estates and special economic zones as opportunities in the Belt and Road Initiative (BRI). Other sectors with potential include infrastructure projects in information and communications technology (ICT), roads and ports. Investors also stated that they were keen on both renewable and non-renewable […]

Industrial development to flourish under CPEC as investors from China express desire of $1 billion investment

Chinese businessmen on Thursday expressed desire to invest around one billion dollars in Pakistan as China’s funded economic corridor projects entered into their second phase with focus on industrial and agriculture cooperation and Gwadar development. The 50-member business delegation apprised Minister for Planning, Development and Reform Khusro Bakhtyar of its investment plan during a meeting. […]

Pakistan to gain tremendous advantages from industrial cooperation with China under CPEC: BOI

Board of Investment Chairman Zubair Gilani on Thursday said that Pakistan will benefit from Chinese expertise to restore industry in the country. Talking to a 50-member delegation of Chinese investors, who called on him in Islamabad, Gilani said that industrial cooperation under the umbrella of China Pakistan Economic Corridor (CPEC) was a first step towards changing the […]

Special Economic Zones (SEZs) under CPEC to encourage foreign and local investment: BOI

 The Board of Investment (BoI) will promote regional trade, manufacturing economy and export-led growth, besides discouraging red-tape to encourage investment culture in the country. “Regional trade, especially with neighbouring countries, including energy-rich Central Asian Republics (CARs) is the priority of the government,” BoI Chairman Zubair Gilani said in an interview with APP on Tuesday. The […]

SPU guarantees security to Chinese citizens in Pakistan

 A five-member senior level delegation headed by DIG Special Protection Unit (SPU) left for China on an official visit. The delegation includes senior officers of Punjab Police and Interior Ministry who will meet Chinese officials to extend mutual cooperation and to discuss professional matters. During meeting, matters regarding SPU Officials training, communications, weapons and vehicles […]

The Government has attached top priority to timely completion of ongoing National Highway Authority (NHA) projects, with a prime focus on China Pakistan Economic Corridor (CPEC).

The Government has attached top priority to timely completion of ongoing National Highway Authority (NHA) projects, with a prime focus on China Pakistan Economic Corridor (CPEC). An official in Islamabad said that out of a total allocation of PKR 156 billion for NHA’s road infrastructure programme, PKR 118 billion has been earmarked for the ongoing road infrastructure projects. He […]

Suki Kinari Hydro-power Project under CPEC helping facilitate local workforce and resolving Pakistan’s chronic energy crisis

The Suki Kinari hydropower station, being executed under China Pakistan Economic Corridor (CPEC) is not only helping to train thousands of local workers but it will also resolve one-fifth of energy shortage in Pakistan after its completion in December 2022. At the beginning of the current month, the number of workers from China and Pakistan who are […]

CPEC a stimulus to the economic growth of Pakistan, false narrative of ‘debt trap’ not based on ground realities

 The spokesman of Ministry of Planning, Development & Reform, while referring to false impression being spread about CPEC, Friday said that it is a flagship project of the Belt and Road Initiative and its financing comprises of Government to Government loans, private investment and grants. To date, 22 projects worth US $28 billion are in […]

Agricultural cooperation to be enhanced under CPEC

Although Pakistan is already exporting rice to China but there is still more room for increasing the quantity. There is also a demand for Pakistani vegetables and mangoes in China which may be exported after better processing. Punjab Minister for Agriculture Malik Nauman Ahmad Langrial said this while addressing a seminar on ‘CPEC and opportunities […]

Pakistan-China Business Forum to explore Pakistan’s real potential

CHENGDU: Pakistan hopes that more Chinese companies from Sichuan, Yunnan, Guizhou, and Chongqing will attend the 7th Pakistan-China Business Forum, being held this September in Lahore to explore Pakistan’s real potential, said Pakistan’s Consul General to Chengdu, Muhammad Mudassir Tipu. “Pakistan-China Business Forum has progressed a great deal over the years and has played a […]