China agrees to finance 14 social sector projects in GB

ISLAMABAD: The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit...

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

Special Economic Zones to get electricity, gas

The cost of providing these utilities to the economic zones would be met through the  Cost of the provision of utilities to SEZs will be met through Public Sector Development Programme (PSDP)

Construction of Faisalabad Expo Centre to commence this year: Dawood

LAHORE: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Monday that the construction of a state-of-the-art expo centre in...

Govt to lay foundation stone of Lai Expressway soon: minister

RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed said on Monday that the government would lay the foundation stone of Lai Expressway soon, as...

Gwadar Master Plan to be finalised soon: minister

'A robust policy is being devised to transform the coastal city into a regional hub of trade and business activities' ISLAMABAD: Planning, Development...

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)...

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...

ADB approves $235m loan for Karachi’s BRT

The Asian Development Bank (ADB) has approved a $235 million loan to help develop Karachi’s Bus Rapid Transit project. According to a statement issued...

CDWP approves eight development projects worth Rs11bn

ISLAMABAD: The Central Development Working Party (CDWP) meeting, which was held on Thursday under the chairmanship of Planning Commission Deputy Chairman/Planning, Development & Reform...

Aviation Division to spend Rs1.26bn on airports’ uplift

ISLAMABAD: The Aviation Division will spend around Rs1.26 billion on the up-gradation of various airports of the country in the current fiscal...

CDWP recommends three projects worth Rs209bn to ECNEC

Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT Project ISLAMABAD: The Central Development Working...

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...

Chinese debt burden: Facts and Fiction

According to the breakdown of Chinese investments in Pakistan, 22 early harvest projects under CPEC have been completed or are under construction, with a total investment of $18.9 billion.

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...