Latest News
Turkey is willing to explore SEZs under CPEC
ISLAMABAD: Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul Thursday said that his country wanted a sustainable and long-lasting Free Trade Agreement (FTA) with Pakistan to achieve win-win results for both countries. He said that leadership of Turkey and Pakistan have an objective from FTA that it should boost bilateral…
Read More »Peshawar police prepare a special security plan for CPEC workers
Capital Police Officer (CPO) Peshawar, Muhammad Ali Gandapur on Wednesday said that after the establishment of the Rashkai Economic Zone, Peshawar will be the center of trade, cultural and recreational activities , adding Peshawar Police will provide all possible security to those working on China Pakistan Economic Corridor (CPEC) projects.…
Read More »CPEC contributes to the economic development of Balochistan: Provincial health minister
QUETTA: Provincial Minister for Public Health Engineering (PHE) and Water and Sanitation Authority (WASA) Noor Mohammad Dummar on Monday said that Balochistan was on development track as the economic importance of the province has been increased after Chinese investment. He was speaking to an inauguration ceremony of a 132kv grid…
Read More »CPEC is a ‘strategic alliance’ with China: AJK Prime Minister Raja Farooq Haider
ISLAMABAD: Azad Jammu and Kashmir (AJK) Prime Minister Raja Farooq Haider Khan said on Tuesday the China Pakistan Economic Corridor (CPEC) was not just a road or development project but a strategic alliance. This he observed while speaking as a chief guest on the launching ceremony of report titled: CPEC…
Read More »CPEC promotes economic growth and human resource development: Ambassador Yao Jing
ISLAMABAD: Adviser to the Prime Minister on Commerce, Industry and Investment Abdul Razak Dawood said on Tuesday that the government’s export-led growth strategy had started bearing fruit as Pakistan had posted a 13.6 per cent growth in exports at a time when regional competitors were witnessing a decline. Speaking at…
Read More »CPEC industrial zone to yield multiple benefits for locals & investors: Provincial Minister for Trade Mian Aslam
Provincial Minister for Trade & Industries Mian Aslam Iqbal has said that the industrial revolution will be ushered by establishing new special economic zones in the province. The establishment of new economic zones reflects the Prime Minister’s vision for economically strong Pakistan. The Provincial Minister was presiding over a meeting…
Read More »Chinese loans comprise less than 10% of country’s debt: Federal Minister for Economic Affairs Hammad Azhar
Federal Minister for Economic Affairs Hammad Azhar has said that Pakistan’s economy is ‘swiftly’ moving towards stabilization and is expected to enter high growth phase in the next fiscal. “In last July, Pakistan and the International Monetary Fund (IMF) entered into an agreement, since the agreement there has been a…
Read More »Government to ensure low-cost energy supply to Rashakai SEZ under CPEC
Secretary Energy and Power, Khyber Pakhtunkhwa Mohammad Zubair Khan has said that the provincial government would supply cheap electricity produced from the resources of the province to the industrial units of the Rashakai Economic Zone through wheeling charges. He expressed these views while speaking in a progress review meeting on…
Read More »Chairman Senate invites Tunisian investors to Gwadar, a new port city’ of Pakistan
ISLAMABAD: The Senate Chairman, Muhammad Sadiq Sanjrani, said on Friday that Gwadar is emerging as new port city of Pakistan, offering huge opportunities for investment and economic growth not only for Pakistan but for the whole region. He said conducive environment exists for investment and Tunisian investors can come forward…
Read More »Government approves SEZs in Hub and Bostan
QUETTA: Balochistan Investment Board Chief Executive Farman Zarkoon has termed the federal government’s approval of special economic zones in Hub and Bostan a significant step forward for Balochistan’s development on which work would be launched in July this year. “These projects will provide employment for about 100,000 people”, he said,…
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