Chinese Investors & Business Tycoons Eager to Invest in KP PESHAWAR: A group of Chinese investors and business tycoons have indicated an interest in establishing factories and large-scale industrial units in Khyber Pakhtunkhwa. According to the sources, the group has requested the provincial government of Khyber Pakhtunkhwa to cooperate in the processing of all procedures in this regard. DO...
Gwadar Is Expected To Become A Regional Logistics Center Within Five Years ISLAMABAD, Pakistan: Gwadar will be a logistic center in the area in the next five years, playing a vital role in developing Pakistan's national economy, said Zhang Baozhong, Chairman of China Overseas Port Holding Company, while assessing the project's five-year trip. Zhang Baozhong, Chairman of China Overseas Port Holding...
MODEL ECONOMIC ZONE TO BE SET UP UNDER CPEC: Minister A model economic zone will be set up under the second phase of China-Pakistan Economic Corridor (CPEC) to captivate the interest of overseas Pakistani and Chinese investors’. LAHORE: A model economic zone will be established under the China-Pakistan Economic Corridor (CPEC) to maintain the interests of overseas Chinese and Pakistani investors, while...
STEEL PLANT IN PAKISTAN A Chinese iron and steel conglomerate has become the first foreign enterprise to establish its plant in the Rashakai Special Economic Zone under CPEC with a planned investment of $50 million. The SEZ Committee of Rashakai Special Economic Zone at its meeting on Friday allocated 40 acres to Century Steel Ltd. The project is under Fuzhou Julitaihe International Company of China....
MODEL GREEN BELT INITIATIVE Pakistan and China agreed to turn the China-Pakistan Economic Corridor (CPEC) into a green belt and a road initiative model. This step was taken to protect and preserve the natural environment in the region. So, it was decided during a meeting held on Monday (14.dec.2020). The meeting was held between Special Assistant to the Prime Minister on Climate Change Malik Amin...
TRANSFORMATIONAL PROJECT Foreign Secretary Sohail Mahmood on Monday held a meeting with China-Pakistan Economic Corridor (CPEC) Chairman Lt Gen (r) Asim Saleem Bajwa, wherein he said that CPEC is a transformational project. Besides, he said that there is a complete national consensus on CPEC’s indispensability for Pakistan’s national development efforts. “Pakistan and China are firmly committed...
GWADAR PORT ROAD CONNECTIVITY The road connectivity of Gwadar Port with the 2nd Phase of the Free Trade Zone (FTZ) will be completed by the end of 2021, facilitating the business climate of the zone and the Gwadar port alike. In a press statement issued, it was stated that the 5th Meeting of the Joint Working Group on Gwadar port was held through a video link on Monday, 30.11.2020. Secretary ,...