#pak-china

Chinese Entrepreneurs Keen To Invest In KP

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...

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....

DELEGATION VISITS GWADAR PORT

GWADAR PORT: DJIBOUTI DELEGATION VISITS

DELEGATION VISITS GWADAR PORT  A delegation of Djibouti headed by President of National Parliament and acting Chairman African Union Parliament Muhammad Ali Hameed visited the new port city of Gwadar. Moreover, they extended an invitation to the Pakistani industrialists and business community to visit Djibouti. Hence, for increasing import and export and bilateral trade between both the...

ML-1 PROJECT RAILWAY OFFICIALS BRIEF PM

ML-1 PROJECT: RAILWAY OFFICIALS BRIEF PM

RAILWAY OFFICIALS BRIEF PM Prime Minister Imran Khan summoned a session to review progress on ML-1 project. He also reviewed other matters related to improving railway sector. PM Imran Khan chaired a high-level session. In addition, it was attended by Railways Minister Azam Swati, advisers, federal ministers, chairman and officers of Pakistan Railways (PR). The railway officials gave a briefing to...

Loan

$1 BILLION LOAN RETURNS TO SAUDI ARABIA’S

Pakistan has returned $1 billion to Saudi Arabia as the second installment of a $3 billion soft loan. For this purpose, Islamabad reaches out to Beijing for a commercial loan.This will help it offset pressure to repay another $1 billion to Riyadh next month, officials said on Wednesday. Analysts say it is unusual for Riyadh to press for the return of money. Relations between historically close friends...

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...

Gwadar Port Road

GWADAR PORT ROAD CONNECTIVITY TO BE COMPLETED BY THE END OF 2021

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 ,...

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