According to sources, under pressure from the International Monetary Fund (IMF), Pakistan has reduced the cost of its ML-1 railway project, which aims to establish modern railway lines. The project's cost has been reduced to less than $3 billion after expressing reservations on Chinese loans ...

An agreement concerning third-party involvement in the China Pakistan Economic Corridor (CPEC) is expected to be inked during the Belt and Road Forum (BRF) between Pakistan and China. This revelation came from a recent meeting chaired by the Caretaker Minister for Planning, Development, and ...

Minister for Information and Broadcasting, Murtaza Solangi, emphasized the transformative impact of Chinese investments in various sectors through the China-Pakistan Economic Corridor (CPEC). These investments encompass fundamental infrastructure and energy projects that have infused a renewed ...

They have reached an agreement on the revised cost of the most expensive project of CPEC, ML-1. According to details, China has agreed to a revised cost of $6.6 billion for Main Line-1 (ML-1), and the amended design plan for the project will be presented to Pakistan by October 31st. ML-1 is a ...

Beijing has voiced serious concerns about $1.5 billion in overdue payments to CPEC independent power plants (IPPs), as well as currency exchange restrictions imposed by the State Bank of Pakistan. In a letter to the Planning Commission on March 13, 2023, Special Assistant to the Prime Minister ...

Consul General of China posted in Karachi Li Bjian says that work on China-Pakistan Economic Corridor (CPEC) was not affected during Imran Khan's regime. Giving a special interview to 'Urdu News', Consul General Li Bjian said that wrong information has been spread about CPEC work being affected. ...

Prime Minister Shehbaz Sharif has urged Qatari investors to explore the opportunities presented by the China-Pakistan Economic Corridor (CPEC) for promoting regional connectivity and mutual prosperity. His proposal came during a meeting with the delegation of the Qatar Investment Authority (QIA) ...

ISLAMABAD – Pakistan, and China exchanged views on the possibility of extending the multi-billion dollar China-Pakistan Economic Corridor (CPEC) infrastructure project to neighboring Afghanistan. Foreign Secretary Sohail Mahmood met Chinese special envoy on Afghanistan Ambassador Yue Xiaoyong ...

The Chinese Embassy in Pakistan while sharing a good news said that a contract for Pakistan Nabisar Vajihar Water Supply Project has been signed for the water provision in the Thar under the China Pakistan Economic Corridor (CPEC). The project will supply 28 MGD water to Thar’s Thermal Project ...

*ISLAMABAD: Prime Minister Shehbaz Sharif on Monday formally requested the Chinese government to include Karachi Circular Railway (KCR) in the China-Pakistan Economic Corridor (CPEC) projects. * PM Shehbaz Sharif made these remarks while addressing Islamabad metro bus service inauguration ...