Pakistan’s Prime Minister Imran Khan is expected to visit Beijing in early February. The visit is aimed at fast-tracking progress on China-Pakistan Economic Corridor (CPEC) projects and further strengthening ties between the two strategic partners. This will be the Pakistan premier’s fourth visit to China after his last visit in October 2019. Chinese President Xi Jinping cancelled all his official...
ECNEC has approved the Main Line-1 (ML-1) project, the largest railway project in the history of Pakistan. The project was delayed from 2016 to 2018, and during this time, apart from difficulties in arranging financial arrangements for the project, approval from MOPDR, CDWP, ECNEC could not be obtained. ایکنک نے مین لائن ون (ایم ایل ون) منصوبے کی منظوری دے دی...
The construction of China-Pakistan Economic Corridor (CPEC) and special economic zones is a catalyst for Pakistan’s industrialization. CPEC is promoting the transfer of China’s manufacturing industry to Pakistan and pushing Pakistan’s development onto a fast track. So far, remarkable success has been achieved in the CPEC development. The construction of corridor projects is progressing well. In the...
A soft launch ceremony of Quaid-e-Azam Business Park, another CPEC's Special Economic Zone (SEZ) located in Sheikhupura. held in Lahore today, by PM of Pakistan. The launch of Quaid-e-Azam Business Park was due on the 28th March, 2020, only a few weeks after the Prime Minister inaugurated another special economic zone (SEZ) near Faisalabad (Jan, 2020). This SEZ, Allama Iqbal Industrial City, was...
The Senate was informed about the recently signed agreement with China for ML-1, that it will be upgraded from Peshawar to Karachi under China-Pakistan Economic Corridor (CPEC) Project. The ML-1 project will be completed in the next five years. A 1,872km-long track from Peshawar to Karachi will be laid out in addition to the existing one – turning it into a double track route– at a cost of $8.2...
Construction of the proposed Gwadar International Airport in Pakistan is scheduled to start in April this year following the completion of planning work. The $246m airport is located in the province of Balochistan region, near Iran and Oman borders, and is said to be the largest in Pakistan. According to the latest official record, the design and work plan has been approved and the construction...
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