Tag Archives: CPEC

  The reliable and steadfast friendship between China and Pakistan is considered as an example all over the world and the economic benefits of this friendship for Pakistan are getting more eminent day by day under the recent agreement of China-Pakistan Economic Corridor investment project signed between the brotherly nations. The rising of China as an international economic power is proving advantageous for Pakistan. Regardless of the detrimental law and …

  Confidence between locals with foreign investors needs to be maintained The political leaders and local people have been expressing their serious reservations since the mega seaport project was launched at Gwadar in March 2002. Whereas the local people have attached great expectations from the development of Gwadar port, they also have serious reservations about the fast-track development process in the port city. In the past, Balochistan has witnessed insurgencies …

  The absence of infrastructure is the single most important reason that discourages investment in the industrial sector development in Balochistan. It is the most backward province, which is also far behind from other provinces in road sector development. The province has a road network comprising about 25,099 kilometers, which is less than that of the other provinces. The existing road network in Balochistan is in a dire need of …

  Pakistan received foreign direct investment (FDI) of $119.3 million in the first two months of current fiscal year 2015-16, which is 7.5 percent higher than the FDI received in the same period a year ago. The FDI increased to $8.3 million year-on-year (YoY) in July-August, as it amounted to almost $111 million in the corresponding months of last fiscal year 2014-15, according to the State Bank of Pakistan (SBP). …

  Western route under CPEC expected to be completed by December 2016 Work is speedily underway on the Western route under the portfolio of China-Pakistan Economic Corridor (CPEC) projects involving new building of 650-km road from Gwadar to Sorab, which would link Gwadar with Quetta, Qila Saifullah and Zhob. The work was already being carried out by Frontier Works Organization (FWO) for last two years and is expected to be …

  China-Pakistan Economic Corridor (CPEC) has the potential to usher in a new era of economic progress and prosperity for both countries benefiting the whole region as well. The project is expected to be “a game changer” not only for Pakistan and China but also for the whole region. Last month, Pakistan and China signed 51 deals, mostly related to CPEC, which will link Pakistan’s Gwadar Port on the Arabian …

  The People’s Republic of China has reaffirmed its commitment for the multi-billion dollar project of China-Pakistan Economic Corridor (CPEC), in a letter from the Chinese President to the Pakistan premier, which further reinforce the friendship between the “iron brothers”. On the other hand, Prime Minister of Pakistan ordered Cabinet minister to remove all the “irritants” as described by Minister for Planning and Development and take them into confidence, in …

  Prime Minister Nawaz Sharif, as per top news item in Business Recorder of 20th December, 2016, has directed the inclusion of KCR and Keti Bandar, part of CPEC KCR had been and still a most viable project as per study of JICA, to cater the needs of Karachi Suburbs. It was well utilized before its closure, so, it may be gift to Karachiites, a city of 25 million people, …

  Need for increased investment in social sectors like health, education and nutrition stressed The World Bank report on ‘Pakistan Development Update – Making growth matter’ was launched in Karachi, recently. It stated that Pakistan is rated among top emerging economies and its economy grew by 4.7 percent in this fiscal year. This was the highest rate in eight years and a significant increase from the previous year’s 4 percent. …

  Development under CPEC will transfer goods and commodities worth billions of dollars every year Cement is the chief essential constituent of construction activity. The current demand-supply situation in the cement sector indicates excess cement production capacity in the country. During the past one decade, the cement manufacturing has been buoyant in Pakistan and the industry has shown tremendous growth in recent years. Owing to the increasing local and export …