Rashakai special economic zone

CPEC route

PAKISTAN CONSIDERS ALTERNATE CPEC ROUTE TO CUT DISTANCE

In a major development, Pakistan is going to consider another major route connecting China under the China-Pakistan Economic Corridor (CPEC). The new route would be around 350km shorter than the existing routes via Khunjerab pass. According to documents available, authorities asked the Gilgit-Baltistan’s Works Department to prepare the ‘concept clearance proposal’ for the new route of CPEC. This...

Rashakai SEZ

CHINESE FIRM TO SET UP FIRST STEEL PLANT IN RASHAKAI

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....


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