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PESHAWAR: Khyber Pakhtunkhwa (KP) Governor Ghulam Ali on Friday lauded China for always standing by Pakistan and launching China-Pakistan Economic Corridor (CPEC) which will bring about economic development to the country. He said this while speaking as a chief guest at a ceremony arranged in the China Window — a…

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday assured his Chinese counterpart Li Keqiang of timely completion of China-Pakistan Economic Corridor (CPEC) project and safe environment for investors. “Pakistan would provide a completely secure and conducive business environment for Chinese investors,” Mr Shehbaz said during a long telephonic conversation with Mr…

China is ready to work with Pakistan, follow through on the important common understandings between the two leaders, and make solid progress in comprehensive and high-level strategic cooperation in the new year, Chinese Foreign Ministry spokesperson Mao Ning said on Wednesday. “China is also ready to stay committed to building…

ISLAMABAD, Jan 4 (APP):The total planned investment under China Pakistan Economic Corridor (CPEC) is $62 billion between FY2015 and FY2030, out of which $27.4 billion projects have been realized, with energy sector (power generation, coal mining and transmission lines) representing 76%. It covers power generation projects (both fossil fuel and…

ISLAMABAD-Federal Minister for Planning, Development & Special Initiatives Ahsan Iqbal on Tuesday gave a nod to 300MW coal-fired power project in Gwadar and directed to complete the project by January 2025. Minister for Planning Ahsan Iqbal has also directed Ministry for Maritime Affairs, Power Division, Gwadar Port Authority GPA and…

Chinese Ambassador in Pakistan Nong Rong on Monday called on Foreign Minister Bilawal Bhutto Zardari wherein the two sides reviewed achievements of Pak-China relations during the past year and agreed to maintain momentum in 2023. The two sides agreed to maintain the pace of bilateral ties through the high-quality development…

ISLAMABAD: Speakers at a webinar opined that Pakistan needs to revisit its geopolitical strategic and economic framework in the context of the changing world landscape, especially in the Asia-Pacific region. They said that Pakistan will be marking ten years of CPEC (China-Pakistan Economic Corridor) in 2023, which is pivotal to…

ISLAMABAD: The upgrade work on two mega projects of China Pakistan Economic Corridor (CPEC), including Main Line-one (ML-1) and Karachi Circular Railways (KCR), would start from March, a high-level meeting decided in Beijing. The government sources told The News on Sunday that the two sides would follow the consensus held…

ISLAMABAD: Minister for Planning, Development and Special Initiative Prof Ahsan Iqbal revealed on Friday here that work on CPEC during four years of PTI government remained stalled. He said that Imran Khan government did not build a single project in Free Economic Zones (FEZ) in these years. “Prime Minister Shehbaz Sharif…

China has reiterated its commitment to work with Pakistan to elevate the level of all-round strategic cooperation, speed up efforts to build a closer China-Pakistan community with a shared future in the new era. Addressing the Awarding Ceremony for Outstanding Pakistani Staff of the CPEC Projects 2022 in Islamabad on…