In June 2017 the Japanese government suddenly reversed its original position on China’s Belt and Road Initiative (BRI) and announced that Japan would cooperate and provide financial backing for the US$1 trillion cross-border infrastructure development project. The extent of Japan’s cooperation remains to be seen, but this move may help Japanese Prime …
Read More »CPEC – a golden opportunity for Pakistan: Guntur Sugiyarto
LAHORE: Principal economist, Pakistan Resident Mission, Asian Development Bank (ADB), Guntur Sugiyarto, has said China-Pakistan Economic Corridor (CPEC) is a golden opportunity for Pakistan. He was exclusively talking to The News on the sidelines of the 14th International Conference on Management of the Pakistan Economy, organised by the Lahore School …
Read More »Chinese Ambassador: 20 projects progressing under the CPEC
According to a latest report, Yao Jing, Chinese Ambassador to Pakistan, recently stated that work on around 20 different projects is in progress under the CPEC (China-Pakistan Economic Corridor). A number of projects are about to complete among these, he added. China has invested $19 billion in Pakistan for these …
Read More »Security is essential for the CPEC projects: Federal Minister of States and Frontier Region
Lt Gen. (R) Abdul Qadir Baloch, the federal minister of states and frontier region, said while addressing a ceremony that secure Pakistan is vital for the CPEC (China-Pakistan Economic Corridor). Through this message, Pakistan will become the heaven for foreign investors soon, he added. “Safe and Secure-Pakistan exhibition is a …
Read More »“Future of our youth is bright due to CPEC”: Federal Minister for Education and Professional Training
According to a new report, Baligh ur Rehman, the federal minister for education and professional training, stated that Pakistan’s youth is important for the success of the mega project CPEC (China-Pakistan Economic Corridor). He made this statement while addressing an auguration ceremony held in Islamabad for the B-17 campus of Sir …
Read More »CPEC projects can accelerate economic growth: Economist
A paper presented on �Maximizing the Impact of Chinese Investment in Pakistan� by Khalil Hamdani Former Director, UNCTAD presented four ways in how CPEC could accelerate economic growth. First, increased capital inflows will ease macroeconomic management and the balance of payments. Second, the infusion of investment and technology into infrastructure …
Read More »CPEC will help to boost Pakistan’s IT sector: All Pakistan Business Forum
According to a latest report, Ibrahim Qureshi, All Pakistan Business Forum President Ibrahim Qureshi, appreciated China’s investment plans and trans-national initiatives to boost border trade activities. It is the CPEC that is inspiring new opportunities to establish projects for boosting the IT sector. He also noted that with foreign …
Read More »Ahsan Iqbal: Geopolitical equilibrium in the region has changed thanks to CPEC
Ahsan Iqbal, Minister for Planning, Development and Reform, recently stated that new internal security policy is directed towards establishing a new paradigm on security and peace. He made this statement while addressing a national conference on ‘Internal Security: Peace and Sustainable Development’. Diplomats, retired armed forces officers, government representatives …
Read More »Yao Jing: In its ‘new era’, China to take CPEC construction to the next level
According to a latest report, Chinese Ambassador Yao Jing stated that in the coming ‘new era’, the relation between Pakistan and China have ushered in new opportunities for more development. China is keen to work with Pakistan in order to advance the construction of the mega project, he added. It …
Read More »CPEC, Pakistan and global value chains
Discussions on CPEC seem to have rightly moved from infrastructure to industrial development and economic cooperation. That is where CPEC can bring real dividends for Pakistan — a country with a relatively simple industrial base, declining exports and low economic complexity. During the last 13 years, Pakistan’s industrial base did …
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