According to a new report entitled “The Web of Transport Corridors in South Asia”, with investments in roads, railways and ports, the CPEC (China Pakistan Economic Corridor) offers huge potential for Pakistan to boost its economy, reduce poverty and also make sure profits to those likely to be affected by …
Read More »CPEC a bounce for intellectual amalgamation
CPEC is a game changer project, which is intended to rapidly expand and upgrade Pakistani infrastructure, as well as deepen and broaden economic links between Pakistan’s and the People’s Republic of China. It is considered to be an extension of China’s ambitious One Belt, One Road initiative, and the importance …
Read More »Rights of labor working on CPEC projects must be protected: Farhatullah Babar
Senator Farhatullah Babar, Pakistan People’s Party (PPP) leader, stated that there is a need for transparency in all the infrastructure projects under the CPEC. He said that it is essential for the people to be aware of what the government is signing up for on behalf Pakistan’s workforce. He made …
Read More »The Belt and Road Impact
Report: China, countries along the Belt and Road, trade volumes totals to $1.1tr
According to a new report, between China and countries along the Belt and Road, trade volume added to $1.1 trillion in 2017, up 14.8 percent year-on-year, which is 3.4 percentage points higher compared to the growth of the country’s total foreign trade. The Belt and Road initiative basically refers to …
Read More »CPEC: Manufacturing jobs needed for the local workforce
With the initiation of China-Pakistan Economic Corridor (CPEC) and establishment of Special Economic Zones (SEZs) the local workforce is eyeing opportunities in the manufacturing industry as opposed to the construction industry. Those who work in manufacturing enjoy a settled life. Jobs in the special economic zones being set up under …
Read More »Babar Aman Babar: Gilgit Baltistan important for CPEC
Babar Aman Babar, Secretary Planning, and Development, Gilgit-Baltistan stated that the region was blessed with great natural resources and can play a key role in CPEC. He made this statement while talking to Chinese development experts, which included a number of investors and engineers. He also shed light on the …
Read More »Report: GB youth being given latest technical education for CPEC jobs
According to a latest report, an Applied Technologies Institute (ATIN) has been established by the National Logistics Cell (NLC) in Gilgit together with the Gilgit-Baltistan government and the Force Command Northern Areas (FCNA). The purpose of the institute is to equip the youth of GB with the latest technical education …
Read More »Another body formed for ‘CPEC promotion’ with Rs339 million budget
ISLAMABAD: In what appears to be sheer wastage of taxpayers’ money, the government set aside on Monday Rs339 million for another project meant for “strengthening industrial cooperation” under the China-Pakistan Economic Corridor (CPEC). The Central Development Working Party (CDWP) approved the three-year CPEC Industrial Cooperation Development Project at a cost …
Read More »CPEC a win-win project for China and Pakistan: AJK
According to a new report, Sardar Masood Khan, the president of Azad Jammu & Kashmir State stated that the CPEC is a win-win project for Pakistan and China. He made this statement during a seminar titled “CPEC and Azad Jammu Kashmir” organized by the University of Kotli in Kotli …
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