CPEC trade route

Gwadar

COPHC: Gwadar to Become Regional Logistics Hub in 5 Years

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...

Digital Pakistan – PTCL successfully conducts 5G trial

On February 11,2021, the PTCL group successfully tested its 5G network in a controlled environment at its headquarters in Islamabad in a limited environment on a non-commercial basis to achieve download speeds of up to 1,685 gigabytes per second (GBPS). Speaking on the occasion, Syed Aminul Haque said: “I am delighted to be present at this crucial event as the PTCL Group takes an important step to...

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 the 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...

Gwadar's project

FIRST GWADAR PROJECT GETS POWER FROM NATIONAL GRID

China, Pakistan Economic Corridor, has connected two mega housing projects in Gwadar to the National grid. Authorities have approved the electrical connections. Electrical connections were approved and installed in the China, Pakistan Investment Corporation’s (CPIC) projects: International Port City and China Pak Golf Estates. These are the first residential communities in Gwadar’s private sector....

OGDC

OGDC FINDS FRESH OIL AND GAS RESERVES IN KP

OGDC on Wednesday announced the discovery of new oil and gas deposits in two different wells in Khyber-Pakhtunkhwa Tests conducted by the exploration firm showed 1.6 million standard cubic feet per day (mmscfd) of gas. In addition, 12 barrels per day (bpd) of condensate in exploratory well Siab-1. The company said in a notification sent to the Pakistan Stock Exchange (PSX). Besides, tests showed 4.18...

CPEC IS A TRANSFORMATIONAL PROJECT

CPEC IS A TRANSFORMATIONAL PROJECT, SAYS FOREIGN SECRETARY

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...

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