The China-Pakistan Economic Corridor (CPEC) is an open and inclusive platform, and both China and Pakistan would welcome all countries and international organizations to participate in the construction of the flagship project of the Belt and Road Initiative to achieve common development, Chinese ...

An Omani project financing group, Anvwar Asian Investments (AAI), has offered to invest in a train line to connect Gwadar to Pakistan’s main railway system. Earlier this month, its officials met with representatives of Pakistan’s Board of Investment (BOI) and expressed a keen interest in ...

Pakistan Navy has rescued nine crew members of the Indian sailing vessel ‘Jamna Sagar’ which sank in the Arabian Sea near Gwadar. According to a Pakistan Navy spokesperson, Pakistan Maritime Information Centre received a distress call from Jamna Sagar and then requested a nearby merchant ship ...

*ISLAMABAD: The National Accountability Bureau has decided to implement the newly amended NAB Act 2022 as per law, ARY News reported on Thursday.* According to details, a meeting of Executive Board of National Accountability Bureau chaired by Acting Chairman Zahir Shah was held at ...

ISLAMABAD – Islamabad and Beijing have joined hands to grow agriculture, power, and logistics sectors in Gwadar and the country’s largest city Karachi. A Chinese firm has inked a memorandum of understanding (MoU) to make an initial investment of $50 million in the industrial zone of Gwadar ...

The Armed Forces of the country have proposed to the government the construction of a 0.7 million tonnes strategic petroleum reserve (SPR) storage at Gwadar, reliable sources informed ProPakistani. The federal government is planning the establishment of strategic petroleum reserve (SPR) storage ...

Asserting that its ties with Pakistan are unbreakable and rock solid, China on Wednesday said the raging political crisis in Islamabad will not affect the overall cooperation between the all-weather allies as well as the projects under the USD 60 billion CPEC. A wary China has been keeping a close ...

The overall foreign investment in Pakistan, comprising foreign direct investment (FDI), portfolio investment and foreign public investment soared by 176 percent from July to January of the current financial year 2021-22 as compared to the similar period of the last financial year. According to ...

China has expressed readiness to work with Pakistan to advance the high-quality development of CPEC so as to deliver more benefits to the local people. This was stated by Chinese foreign ministry spokesperson Wang Wenbin during his regular briefing in Beijing on Tuesday. Wang said Gwadar Port, ...

The $62 billion investment under CPEC promised tremendous dividends for the Pakistani economy, jobs for Pakistani youth, development infrastructure and a “game-changer” for Pakistan and the entire region. After approximately six years of CPEC, the question arises of how much this project has ...