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BEIJING: Goldstone Investment Holding Company Limited, an innovation centre under China Aerospace Technology Group has expressed interest in strengthening economic linkages with Pakistan under China-Pakistan Economic Corridor (CPEC). In a virtual meeting with Pakistan Ambassador to China, Moin ul Haque held recently, General Manager, Shen Yao briefed him on the…

GWADAR: The Pak-Afghan Chamber of Commerce & Industry (PACCI) and Gwadar Chamber of Commerce & Industry (GCCI) on Friday agreed to utilise Gwadar Port for Afghan transit trade. The chambers also agreed to take measures for boosting bilateral trade. A delegation of PACCI and Karachi business community led by the…

In pursuance of constructing a 1.2 MGD (million gallon per day) Water Desalination Plant, comprehensive soil testing kicked off in the premises of Gwadar Port Free Zone area. According to a Gwadar Pro’s report, the Water Desalination Plant, being built with Chinese grant, aims to ensure uninterrupted supply of potable…

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on CPEC Khalid Mansoor has said if the political stability remains intact, the Chinese commitment of $20 to $30 billion investment for establishing a petrochemical complex and relocation of refineries at Gwadar could be materialiaed. “If we ensure political stability, Chinese companies are…

ISLAMABAD: Austrian Foreign Minister Alexander Schallenberg has expressed the desire to expand political and economic relations with Pakistan. The Austrian foreign minister said this while addressing a press conference along with Foreign Minister Shah Mahmood Qureshi after a delegation level talks on Thursday. The visiting foreign minister said that he…

KARACHI: Foreign direct investment (FDI) fell year-on-year (YoY) by 33 per cent and declined by 17.3pc compared to preceding month of January, data released by the State Bank of Pakistan showed on Thursday. According to the SBP data, FDI inflows during July-Feb 2021-22 (8MFY22) noted a positive growth of 6pc…

ISLAMABAD: Pakistan and China agreed on Thursday to execute the much-awaited mega ML-1 railway up-gradation project under China Pakistan Economic Corridor (CPEC) on a priority basis. The agreement was reached at a virtual held meeting between the CPEC Authority and the National Development and Reforms Commission (NDRC) of China to…

The Pak-China Technical and Vocational Institute Gwadar, following its completion, has started short courses to provide vocational trainings to students. The first-ever modern vocational and technical training institute in the port city of Gwadar would accommodate 256 trainees at a time and provide training opportunities for at least 1,000 people…

BEIJING, Mar 16 (APP):Pakistan International Airlines (PIA) has started chartered commercial cargo flights between Pakistan and China’s Xinjiang Uyghur Autonomous Region, PIA Country Manager, Qadir Bux Sangi said on Wednesday. A chartered commercial cargo flight of the national flag carrier with daily necessities departed the Kashgar International Airport for Islamabad…

RAWALPINDI: A delegation led by Chang Chun, CEO China State Construction Engineering Corporation Ltd (CSCEC) Wednesday called on Chairman Rawalpindi Development Authority (RDA) Tariq Mehmood Murtaza at the RDA office. The delegation expressed interest to mull over and cooperate in mega projects of RDA like Ring Road Rawalpindi and Nullah…