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The British-era famous tram service would be started in the provincial metropolis. A memorandum of understanding (MoU) was signed between the Transport Department, a Chinese company, CRSC International and Inkon Group of Czech Republic. Under the MoU, both companies will work together with the Lahore Transport Company for the betterment…

ISLAMABAD (Dunya News) – Minister for Communications and Postal Services Murad Saeed said today (Oct. 23) that western route for the China-Pakistan Economic Corridor (CPEC) is not a dream but a reality. Speaking at the motorway police headquarters, Murad Saeed expressed that CPEC has become a reality and companies who…

ISLAMABAD, Oct 23 (APP):Federal Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar Wednesday said that the incumbent government’s economic reform measures will strengthen the country’s economy noting that investors confidence is rebounding as the economy takes course corrective measures. The Minister was talking to Australian High Commissioner to Pakistan…

ISLAMABAD, Oct 23 (APP):Prime Minister Imran Khan on Wednesday said all the initiatives for setting up Special Economic Zones (SEZs) would be spearheaded by the federal government while taking the provinces fully on board. Chairing a meeting to review progress on the establishment of SEZs across the country, the prime…

The Government of Punjab and Chinese giant Huawei came together for gearing up and turbocharge entrepreneurship ecosystem in Punjab. For this expedient purpose a regular series of training workshops with Corvette Institute in Lahore are designed for professional training of start-ups. Punjab Board of Investment & Trade and internationally acclaimed…

Around $8.2 billion worth Railways Main Line (ML-1) project would be initiated in March 2020 under the China-Pakistan Economic Corridor (CPEC) framework, said Railways Minister Sheikh Rashid Ahmed. Addressing a press conference, the railways minister also announced the Free Track Policy (FTP) where private sector could utilize Railways tracks while…

FAISALABAD: Faisalabad Industrial Estate Development and Management Company (FIEDMC) has allocated Rs.2.5 billion for the development projects of M-3 Industrial City. A spokesman of the FIEDMC said that FIEDMC Board during its meeting has decided to construct a road like Faisalabad Express Way from Sahianwala to Chiniot Road in order…

ISLAMABAD, Oct 22 (APP):The meeting of Joint Working Groups of China Pakistan Economic Corridor (CPEC) Industrial Cooperation via video conference was held here on Tuesday. The meeting was co-chaired by Qasim Raza Khan, Executive Director General II, Board of Investment and Gao Jian, Deputy Director General, National Development and Reform…

Ministry of Planning, Development and Reform has issued notification for establishment of China-Pakistan Economic Corridor (CPEC) Authority and now the Law Ministry is preparing rules and procedures for appointments under Ordinance promulgated by the President, it is learnt. Sources told this correspondent that it is now the responsibility of Law…

BEIJING – China will never abandon Pakistan and will remain its iron brother forever, Senior Chinese officials said yesterday. “China will not leave Pakistan even if all oceans dry down,” Sun Degao, Director General of Power China’s party affairs as he briefed a group of Pakistani journalists in the Chinese…