The secretary said that his country is committed to CPEC, and no matter which political party is in power, there is a joint consensus that the project is important for the economic development of Pakistan. CPEC is a multifaceted program that catered to the needs of Pakistan, including the m...
Referring to China's developmental project, the statement added that the infrastructure sector is being developed through interest-free or government concessional loans. Pakistan's Gwadar Port is a grant-based investment, which means the government of Pakistan does not have to pay back the investment...
It is undeniable that CPEC is a fulcrum of the BRI as it was the first such undertaking initiated by China. Its success and timely completion would represent a significant success for both China and Pakistan as it is the manifestation of a true spirit of win-win cooperation in a mega deve...
It is undeniable that CPEC is a fulcrum of the BRI as it was the first such undertaking initiated by China. Its success and timely completion would represent a significant success for both China and Pakistan as it is the manifestation of a true spirit of win-win cooperation in a mega deve...
The vision of the BRI is anticipated to be an advantageous conduit for the prosperity and development of relevant countries and regions. It will help build a community of shared future for mankind with shared values, mutual benefits and common prosperity through win-win cooperation.As part of the...
“In the past five years, CPEC has improved connectivity within Pakistan and helped us control load-shedding across the country. Pakistan is looking forward for it to be mature and reach its true potential,” Rana added. As a megaproject with a cumulative investment of $ 65 billion in 2022...
According to the NHA the under-construction projects – the Hakla to Dera Ismail Khan motorway — is an important part of the western route of CPEC, and will reduce the travel time from Islamabad to DI Khan from five hours to just two-and-a-half hours. ...
He underlined the development of Gwadar Port as being central to the CPEC. "The port is now operational and is ready to serve as a hub for trade and investment. Phase one of the Gwadar Free Trade Zone has also been completed," he said. The CPEC has so far brought about $25 billion...
In sum, the word ‘game changer’ has become a cliché. Successive governments have spent an exorbitant amount of money and loans on their pet ‘game changers’ with no quantifiable output for the masses and the economy. The need is to roll out more thought-out and planned projects with ...
"So, in this sense, I emphasize that this (Gwadar refinery) is engaging CPEC, complementing CPEC, and very much a part of the BRI Vision," Khan said. The Tsinghua University fellow also felt that the Saudi move to invest in CPEC-related projects is likely to forge closer ties between...