ISLAMABAD, July 28 (ABC): Prime Minister Muhammad Shehbaz Sharif Thursday underlined the government’s commitment to unlock the full economic and connectivity potential of China Pakistan Economic Corridor (CPEC) through expedited and high-quality development of CPEC projects. He emphasized the importance of key projects like Main Line One (ML-1) and Karachi Circular Railway (KCR) in Pakistan’s development plans and expressed desire …

ISLAMABAD, July 23(ABC): Pakistan and China have welcomed interested third parties to benefit from avenues opened up by China Pakistan Economic Corridor for mutually beneficial cooperation. The gesture was presented during the 3rd meeting of the CPEC Joint Working Group on International Cooperation and Coordination which was held in the virtual mode. The meeting was co-chaired by Foreign Secretary Sohail …

ISLAMABAD, July 22 (ABC): Amidst flash flood criticality spelling disaster in many parts of Gwadar, three bridges of Eastbay Expressway, one of CPEC’s modern roads, have saved the eastern part of the coastal city from sheer sinking. According to airport on Friday, they have prevented many casualties and destruction to residential and commercial infrastructure. At the  stretch of the over …

ISLAMABAD, July 21(ABC): Pakistan aims to decarbonize China–Pakistan Economic Corridor (CPEC) by re-directing Chinese infrastructure investments away from emission-intensive coal-based projects towards green energy enterprises like wind, solar and hydropower. Under CPEC, Pakistan is also in the process of developing Special Economic Zones (SEZs). The development of ‘green’ SEZs is on the pattern of their Chinese counterparts, which have fuelled …

ISLAMABAD, July 21(ABC): Pakistan’s ICT exports could grow by 30% over the next few years as long as we provide well-trained human resources, infrastructure for ICT projects in universities, support industry in terms of tax incentives and take full advantage of ICT cooperation opportunities under the CPEC framework. This was stated by Prof. Dr. Waqar Mahmood, Director of Al-Khwarizmi Institute …

ISLAMABAD, July 19(ABC): The Government of Khyber Pakhtunkhwa (KP) has allocated funds for the establishment of the Pak-China Research Centre of Economic Development (PCRCED) at the University of Swat, according to a report on Tuesday. With an estimated cost of Rs 1,230.540 million, the project will be completed in five years. In its budget for the fiscal year 2022-2023, KP …

RAWALPINDI, Jul 6 (ABC): The China Pakistan Economic Corridor (CPEC)-Agriculture Cooperation Center was inaugurated at Pir Mehr Ali Shah (PMAS) Arid Agriculture University Rawalpindi (AAUR) during a ceremony of understanding China fellowship here on Wednesday. Acting ambassador of China to Pakistan, Pang Chunxue and Chairman Standing Committee on Defense Senator Mushahid Hussain Syed graced the occasion. Islamabad stock and Asian …

ISLAMABAD, July 5 (ABC): The Government of Pakistan has decided to connect Ghulam Khan, North Waziristan with Motorway 14 (M-14) ─a project of the western alignment route of the China-Pakistan Economic Corridor (CPEC)─ via a 184KM long Motorway. According to report on Tuesday, the National Highway Authority (NHA) on Monday issued a request for proposal (RFP) of consultancy services for …

ISLAMABAD, Jul 1 (ABC): Prime Minister Shehbaz Sharif on Friday thanked China as the first power plant under China Pakistan Economic Corridor (CPEC) project became operational. “It gives me immense satisfaction to announce that the 720 mega watt hydal power plant in Karot has started functioning,” he said in a tweet. PM Sharif said he was thankful to the government …

ISLAMABAD, Jun.30(ABC): Karot Hydropower Project, the first hydropower investment project under China-Pakistan Economic Corridor (CPEC) invested and developed by China Three Gorges Corporation(CTG), was put into full commercial operation, reported on Thursday. The Karot HPP COD Ceremony was held at Power House yesterday to inaugrate the commercial operation. At the ceremony, Dr. Munawar Iqbal, Acting Managing Director, Private Power and …

ISLAMABAD, June 30 (ABC): China is collaborating with Pakistan to establish a joint research centre on earth sciences at Quaid-e-Azam University to work on climate change mitigation in the region and help steer sustainable and environment-friendly development under China-Pakistan Economic Corridor (CPEC). This was stated by Dr. Safdar Ali Shah, DG CPEC Cell at Higher Education Commission (HEC) while responding …

ISLAMABAD, June 27 (ABC): “Here nothing I love more than when we are working with other engaged individuals towards a common goal that is the prosperity of Pakistan, and that’s what excited me about working here,” said Fazal Rahim, who has been working at Port Qasim Power Plant project for seven years. According to report, the plant is part of …

ISLAMABAD, June 24(ABC): Federal Minister for Finance and Revenue Miftah Ismail held a meeting with Pang Chunxue, Charge d’affaires of the Chinese Embassy in Pakistan, who called on him here. During the meeting, Ismail contended that China-Pakistan Economic Corridor (CPEC) would play an important role in taking Pakistan’s economy forward as well as cementing the bilateral relationship between China and …

QUETTA, Jun 23 (ABC): Finance Minister of Balochistan Province Sardar Abdur Rehman Khaitran said that China-Pakistan Economic Corridor (CPEC) will enhance the provincial government’s tax collection, says a report on Thursday. Speaking at a post-budget news conference here, the minister predicted that the CPEC projects and development of mining sectors would increase tax and non-tax revenue of the province in …

BEIJING, Jun 22 (ABC): The first China-Pakistan Belt and Road Forum Transportation and Logistics Forum themed Research Cooperation and Common Prosperity, was jointly launched by Shandong Jiaotong University, Kashgar University and Pakistan University of Sciences and Technology (NUST). China-Pakistan Economic Corridor (CPEC) provides a unique opportunity for Pakistan to boost its strategic and economic position. It has the potential to …

ISLAMABAD, Jun.22 (ABC): The 720 megawatts Karot hydropower plant is now a week away from starting commercial operations after it was put to 168 hours long reliability run test (RTT) on Tuesday. According to report, RTT is the last test before the commissioning of the project, a senior official of Karot Power Co. told Gwadar Pro. Karot Power is a …

ISLAMABAD, June 22(ABC): The China-Pakistan Economic Corridor (CPEC) will help Pakistan address its impending food security challenge by introducing modern farming to increase the country’s yield through agricultural cooperation, says a top Pakistani government official. A top official in Pakistan’s ministry of planning, development, and special initiatives, Syed Zafar Ali Shah, told Xinhua in a recent interview that Pakistan has recognised food …

ISLAMABAD, June 21 (ABC): “Belt and Road Initiative (BRI) is the most important developmental and diplomatic initiative of the 21st century. We are proud to say that China-Pakistan Economic Corridor (CPEC) is the centerpiece and flagship of BRI. Like BRI, CPEC itself is a success story”, said Senator Mushahid Hussain Sayed. According to Gwadar Pro, he made the remarks on a …

ISLAMABAD, June 21 (ABC): The University of Gwadar (UG) is all set to introduce Bachelor of Sciences (BS) degree and diplomas courses in Port Management for the building of China-Pakistan Economic Corridor (CPEC) and the Gwadar Port. Vice-Chancellor Professor Dr. Abdul Razzaq Sabir said, “From next semester UG will introduce a new field of studies and new programs will be …

ISLAMABAD, June 21 (ABC): “A group of high-level talents with strict professional and cultural training is critical for the construction of China-Pakistan Economic Corridor (CPEC). China and Pakistan should strengthen cooperation and promote joint degrees to meet the needs of the two countries. This was stated by Prof. Tan Biyou from Hunan Normal University, according to report on Tuesday. On …

ISLAMABAD, June 18 (ABC): Pakistan’s Board of Investment (BOI) Secretary Ms Fareena Mazhar invited D-8 countries to come and invest in Special Economic Zones (SEZs) developed under China-Pakistan Economic Corridor (CPEC), says a report  on Saturday. “CPEC Industrial Cooperation is open to third party participation and D-8 countries are welcome to invest in CPEC Initiatives”, she said while delivering a …

ISLAMABAD, June 18 (ABC): CPEC-Agriculture Cooperation Centre (ACC), a newly established centre at Arid Agriculture University Rawalpindi (AAUR), will conduct policy research and facilitate Chinese companies to work in the agriculture sector while promoting institutional cooperation. According to a report published by Gwadar Pro on Saturday, CPEC-ACC can be helpful for the investment of Chinese investors and Pakistani corporations working …

BEIJING, Jun 16 (ABC): Prime Minister Shehbaz Sharif said that China and Pakistan are good friends and partners and the China-Pakistan Economic Corridor (CPEC) is a manifestation of mutual benefit and win-win cooperation between the two countries. During his first such interview with Chinese media since he took office as prime minister, Shehbaz Sharif said that the China-Pakistan Economic Corridor …

ISLAMABAD, June 16 (ABC): Pakistan on invited Turkey to invest in the Special Economic Zones (SEZs) being built under China-Pakistan Economic Corridor (CPEC), according to Gwadar Pro. Chaudhary Salik Hussain, Federal Minister for Board of Investment (BOI) and Special Initiatives, and Secretary BOI Fareena Mazhar met with the Foreign Economic Relations Board of Turkey in Istanbul, the Pakistani government announced. …

ISLAMABAD, June 15(ABC): The PM said that Pakistan and China were moving toward the second phase of CPEC, which comprised regional cooperation and industrialisation through establishing industrial zones. In an interview with Chinese media, he said Pakistan’s skilled and semi-skilled labour was comparatively cheaper and the joint venture of Chinese technology and Pakistan’s labour and investment would help the two …

RAWALPINDI, June 14(ABC): The military’s spokesperson further highlighted that the Chief of Army Staff General Qamar Javed Bajwa’s visit to China was very important and added that China has played a crucial role in increasing Pakistan’s defence prowess. Maj Gen Iftikhar emphasised that ties between Islamabad and Beijing held “strategic importance” and were crucial for regional peace. He also stated …

ISLAMABAD, June 08(ABC): Minister for Planning and Development, Ahsan Iqbal Tuesday said that the coalition government had started talks with the Chinese side to start the long-standing ML-1 railway project under China Pakistan Economic Corridor (CPEC). He said the both sides have agreed to start the project. He hoped that work on the project might start within a year. He informed …

ISLAMABAD, June 05 (ABC): Muhammad Haris Mahmood, a 27-year-old Pakistani operation staff working at the Lahore Converter Station of the ±660kV Matiari-Lahore high-voltage direct current (HVDC) transmission line project, is elated on finding the project a great platform to polish his technical skills as he worked with his Chinese colleagues. “I feel very proud to be working on this first …

BEIJING, June 1 (ABC): Chinese Foreign Ministry Spokesperson Zhao Lijian on Wednesday highly appreciated positive remarks by Prime Minister Shehbaz Sharif on China-Pakistan relations and China-Pakistan Economic Corridor (CPEC), saying, the China would continue to support its companies in investing and operating in Pakistan to realise win-win results and shared development. “Chinese side has noted the positive remarks by Prime …

ISLAMABAD, May. 27 (ABC): Pakistan is looking forward for low-cost CPEC power plants from China for energy security and affordability, says a report published by Gwadar Pro on Friday. The report says, as Pakistan is struggling to provide uninterrupted electricity to its 220 million people amid soaring generation costs due to skyrocketing fossil fuel prices in the international market, the …

ISLAMABAD, May 25 (ABC): Chinese companies have opportunity to invest $6 billion in alternative renewable energy (ARE) projects in Pakistan, Gwadar Pro reported on Wednesday, quoting Shah Jahan Mirza, CEO Alternative Energy Development Board (AEDB). According to the report, world needs more and more energy and natural energy sources are dwindling, Pakistan is coming up with new ways to meet …

ISLAMABAD, May 25 (ABC): Multiple mega projects in Gwadar under the China-Pakistan Economic Corridor (CPEC) are nearing completion by the end of this year, which would benefit the local population. CPEC Authority official Adnan Khan said while talking  that the projects close to completion include Gwadar Eastbay Expressway, Pakistan-China Friendship Hospital, water projects for Gwadar city, a project linking Gwadar …