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Urdu Edition of Chinese President’s book Launched in Pakistan

  The Urdu edition of the book “Xi Jinping: The Governance of China” by Chinese President was recently launched in Pakistan. Prime Minister Nawaz Sharif and Jiang Jianguo (vice head of the Publicity Department of the Central Committee of the Communist Party of China) participated in the ceremony in addition …

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CPEC: Chinese Fortune 500 company are bidding for Railways upgrade

After a notable improvement in Pakistan’s security condition, leading Chinese firms with a proven record of quality as well as safety are seeking to make the most of the multibillion contracts in order to upgrade Pakistan’s railways infrastructure under the $8-billion ML-I project of the CPEC. The China Railways Group …

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K-P approves Establishment of CPEC Security Force

The Khyber-Pakhtunkhwa government recently approved creating a special security force of 4,200 policemen for the security of the CPEC (China Pakistan Economic Corridor), safeguarding projects, routes, Chinese investments and the Chinese nationals. The disclosure was made in a statement issued by the home and tribal affairs department. “The provincial government …

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CPEC, IMF programme completion strengthen Pak economy

According to Moody’s (a globally recognised credit rating agency) Pakistani economy has strengthened after the completion of a 3-year programme under IMF (International Monetary Fund). The financial deficit has narrowed and growth has been observed in the foreign exchange and structural reforms planned out earlier, the agency explained. Fueled mainly by …

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China planning to finance $8 bn for Pakistan Railways’ Mainline

Increasing amount of CPEC up to $54 billion from earlier committed figure of $51.5 billion, China has expressed its interest to finance more than $8 billion for upgrading Pakistan Railways’ Mainline (ML-1). Beijing had jacked up CPEC funding from $46 billion to $51.5 billion already after indicating $5.5 billion for …

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CPEC to bring industrial revolution: Ahsan Iqbal

While speaking to party workers and youth delegations from Balochistan in Islamabad recently,  Ahsan Iqbal, Minister for Planning, Development and Reform, expressed bringing industrial revolution and turning Pakistan into trade hub are the objectives planned to be achieved under  CPEC project. Projects in energy, infrastructure and port development will extend …

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