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‘CPEC 2.0’ to attract more Chinese companies and investment: Finance Minister
ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb said on Sunday that the second phase of the China-Pakistan Economic Corridor (CPEC) project will attract more Chinese investment and companies, as Islamabad eyes greater collaboration with Beijing to bolster its economy. CPEC is a multi-billion-dollar project that connects China and Pakistan through a…
Read More »New Gwadar International Airport set to be inaugurated today
KARACHI: The New Gwadar International Airport, a key project of the China-Pakistan Economic Corridor (CPEC), is being inaugurated today (Monday). However, the departure of the first flight from Karachi to Gwadar has been delayed. According to the flight schedule, Pakistan International Airlines (PIA) flight PK-503 was to depart from Karachi…
Read More »Pakistan, China sign $250 mln MoUs in medical equipment sector
Pakistan and China have signed Memorandums of Understanding (MoUs) worth approximately $250 million to bolster collaboration in the medical equipment and surgical instrument sector at a B2B matchmaking conference in Beijing. The Silk Road Assistance Industrial Internet Platform, specializing in cross-border business advisory services, entered into agreements with Pakistan’s dental…
Read More »Sindh government signs agreement to set up Dhabeji special economic zone
KARACHI: The Sindh government signed an agreement with Chinese and local investors on Saturday to establish the Dhabeji Special Economic Zone under the China-Pakistan Economic Corridor (CPEC) Phase II, which is expected to attract $3 billion in investment and create over 100,000 jobs. The agreement was signed by Sindh Economic…
Read More »Pakistan eyes Yuan bond market with $250 million panda bond launch by year-end: Finance Minister
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said that Pakistan was eager to tap the Yuan bond market and would encourage corporate stock listings in Hong Kong to bolster and broaden its ties with China. In an interview with Nikkei Asia, Minister Aurangzeb said that an initial issuance…
Read More »New Gwadar airport to begin operations from January 20
Pakistan’s Civil Aviation Authority (CAA) has announced that the New Gwadar International Airport will officially start operations from January 20. The airport, a key development for the region, is expected to become a hub for both domestic and international flights, Express News reported. The CAA issued a notification, confirming that the…
Read More »Submarines from China-Pakistan cooperation project to join Pakistan Navy fleet soon: Naval Chief
In recent years, China and Pakistan have been enjoying high level, pragmatic naval cooperation. In addition to joint exercises and training operations such as the Sea Guardian series bilateral exercises and AMAN series multinational exercises, the two countries have also carried out cooperation in military equipment such projects involving Type…
Read More »Media Delegation lauds Karot Hydropower Project as a key CPEC initiative for clean energy
ISLAMABAD, Jan. 15 (Gwadar Pro)- A group of media representatives and parliamentarians on Monday visited the Karot Hydropower Project, a key initiative under the China-Pakistan Economic Corridor (CPEC). During the visit, the delegation was briefed on the project’s importance, including its annual generation of 720 MW of clean electricity and…
Read More »SUPARCO set to launch Pakistan’s EO-1 Satellite from China
ISLAMABAD: The Space and Upper Atmosphere Research Commission (SUPARCO) has officially announced that Pakistan’s indigenous Electro-Optical (EO-1) Satellite will be launched from the Jiuquan Satellite Launch Centre (JSLC) in China on January 17. In a statement, SUPARCO highlighted the EO-1 mission as a testament to the organization’s expertise and commitment to…
Read More »Chinese businessmen invited to seize investment opportunities in Pakistan’s plastic industry
BEIJING, Jan 13, (APP): Acting Consul General of Pakistan in Guangzhou, China Sardar Muhammad has called upon the Chinese businessmen to seize investment opportunities within Pakistan’s plastic industry. In his opening remarks at Pakistan-China Plastic Industry B2B Investment Conference recently concluded in Guangzhou, welcomed participants and encouraged them to foster…
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