JWG stresses timely completion of Gwadar projects

ISLAMABAD: The meetings of the Joint Working Group (JWG) on Gwadar and Industrial Cooperation were held via video-conference on Thursday.The meetings were co-chaired by Planning...

AIIB keen to invest $1bn in Pakistan

'Bank plans to finance $100m on Karachi Bus Rapid Transit Project, $400m on Rawalpindi Ring Road'BEIJING: The Asian Infrastructure Investment Bank (AIIB) has expressed...

Chinese enterprises undertake over 3,000 BR projects in regional countries

As of the end of 2017, China’s central SOEs had 10,791 overseas entities spread over 185 countries and regions, with total overseas assets exceeding 7 trillion yuan

CPIC Global signs deal for two mega residential, commercial projects in Gwadar

'The dream of a Gwadar becoming a key economic hub of Asia is not far away now'ISLAMABAD: CPIC Global on Wednesday signed a construction...

Total PARCO, NH&MP join hands to ensure road safety

SHEIKHUPURA: Reinforcing a shared commitment to enhancing road safety on national highways and motorways, Total PARCO Pakistan Limited (Total PARCO) and the National Highways &...

Govt urged to list Diamer-Bhasha dam in domestic, int’l stock markets

MULTAN: The business community of southern Punjab has proposed the government to list the Diamer-Bhasha dam in domestic and international stock markets to generate funds,...

Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan

At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.

China says Russian involvement pivotal in Belt and Road Initiative

BEIJING: Russia is China’s major partner in the implementation of the Chinese government’s development strategy Belt and Road Initiative, Yu Jun, adviser at the Chinese...

Pakistan and China agree on upgrading ML-1 railway track

BEIJING: The Ministry of Railways and the National Railway Administration of China (NRAC) have undertaken initial work on Pakistan Railways’ Mainline 1 (ML-1), an...

Has CPEC hit a major roadblock?

China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans

Election 2018: Political parties release specific plans for CPEC

ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos featuring their...

Turkish Shylock twists Pak’s arm for $846m pound of flesh

Turkish Karkey demands immediate payment of $846 million arbitration award handed down by the ICSID in August 2017 to Pakistan.

IRSA summons emergency meeting to review water situation for Kharif 2018

Indus River System Authority (IRSA) has summoned an emergency meeting of its advisory committee to review the current water situation and anticipated criteria for the cropping season of Kharif 2018.

Govt imposes RD on brass/copper scrap exports

APWCA welcomes the move terming it as an industry-friendly decision

CDWP approves 31 projects worth Rs713 billion

Central Development Working Party (CDWP) under the chairmanship of Planning Commission Deputy Chairman Sartaj Aziz on Wednesday approved 31 projects worth Rs713 billion and referred 8 projects worth Rs694.88 billion were referred to ECNEC for further action.

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