CPEC, OBOR Are All About “Shared Prosperity”: PM

BEIJING, May 15 (APP): Prime Minister Muhammad Nawaz Sharif Monday said that the One Belt, One Road (OBOR) and China Pakistan Economic Corridor (CPEC) were all about shared prosperity, beginning a new era for humanity and vowing progress and prosperity in the poor regions. “Work

Pakistan Railways To Get Upgradation Under CPEC: Saad Rafique

ONBOARD PM’s SPECIAL AIRCRAFT, May 12 (APP): Minister for Railways Saad Rafique Friday said the flagship One Belt, One Road Forum (OBOR) would help Pakistan improve its connectivity sector, particularly railways. The Railways minister who accompanied Prime Minister Muhammad Nawaz Sharif to participate in the OBOR forum termed China Pakistan

Gwadar Expressway Cost Capped At $168M

ISLAMABAD: The Executive Committee of National Economic Council (ECNEC) on Wednesday capped the cost of the Gwadar Expressway at $168 million, which is 25 per cent higher than the cost approved previously, removing the last irritant in the way of the signing of a loan agreement

CPEC To Directly Benefit 3 Bln People In China, SA, CA & Me: Sartaj

ISLAMABAD, May 10 (APP): By linking China with the Arabian Sea and the Persian Gulf, Cihna-Pakistan Economic Corridor (CPEC) will optimize trade potential and enhance energy security of China, Pakistan and the wider region, directly benefiting some three billion people in China, South Asia, Central

CPEC’s Construction Has Gone Beyond Expectations: Survey Report

BEIJING (China) May 8 (APP): China-Pakistan Economic Corridor’s (CPEC) construction has gone beyond expectations as the two countries have achieved remarkable progress in energy, transport infrastructure and industrial sector – as well as Gwadar Port. This was stated by the Chinese researchers who made a

CPEC Offers Multiple Regional, Global Economic Opportunities

ISLAMABAD, May 7 (APP): The improved law and order in Pakistan in general and Balochistan in particular has opened up bundles of golden economic opportunities for the international investors in the share of the China Pakistan Economic Corridor (CPEC) – the real game changer for

Pakistan, China To Jointly Oversee CPEC Projects

An agreement signed between the National Accountability Bureau (NAB) and China would see both Islamabad and Beijing jointly oversee projects and ensure transparency. This was stated by NAB Chairman Qamar Zaman Chaudhry, a statement released by the anti-corruption watchdog on Saturday. Terming corruption as the

Govt Decides To Cut Salaries Of Employees Linked With CPEC

ISLAMABAD: The federal government has decided to cut salaries of contractual employees hired to execute various projects after the finance ministry refused to pay them as per their agreements. The contractual employees of development projects may face up to a 33% cut, depending upon their salary