PM to perform groundbreaking of new Gwadar airport this week
Prime Minister Imran Khan will perform the groundbreaking of the new airport in Gwadar this week, a Chinese Embassy official stated on...
Sri Lanka signs $1bn loan with China to build highway
COLOMBO: Sri Lanka signed a $989 million loan with China’s Exim Bank on Friday to build a highway linking the centre of the...
ADB approves $9m financing for KP projects
ISLAMABAD:Â The Asian Development Bank (ADB) has approved $9 million in project readiness financing (PRF) to support the preparation and design of urban...
China agrees to finance 14 social sector projects in GB
ISLAMABAD:Â The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit...
Zulfi Bukhari inaugurates farm housing scheme for overseas Pakistanis
ISLAMABAD: The Prime Minister’s Special Assistant on Overseas Pakistanis & Human Resource Development Zulfikar Bukhari inaugurated the Overseas Pakistanis Foundation’s Flagship Farm Housing...
ADB, Pakistan sign $75m loan agreement to upgrade Mardan-Swabi Road
The Asian Development Bank (ADB) and the Government of Pakistan have signed a loan agreement for $75 million to widen and upgrade...
Zameen.com’s parent company now has $100 million more to invest
DUBAI: Emerging Markets Property Group (EMPG) has raised $100 million in a Series D funding led by KCK Group and eight other...
Progress on Diamer-Basha, Mohmand dams reviewed
'Procurement of consultancy services for Mohmand Dam is expected to be completed next month'
ISLAMABAD: The Implementation Committee on Diamer-Basha and Mohmand...
Malaysia to cancel $20 billion China-backed rail project: minister
Mohamed Azmin Ali said at a media event that the project’s cost was too great, while also giving an assurance that Malaysia would welcome investment from China on a case by case basis
CPEC-funded Multan-Sukkur Motorway to be operational by August
Sukkur-Multan motorway has a design speed of 120km per hour, and it is a two-way six-lane road with a contractual value...
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 to take $490m loan from ADB for Karachi BRT project
ISLAMABAD:Â The government has decided to take a loan of $490 million from the Asian Development Bank (ADB) in order to fund the...
Minister calls for devising a robust strategy for infrastructural development
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has emphasised the need for devising a holistic strategy to develop the country’s infrastructure...
JWG stresses timely completion of Gwadar projects
ISLAMABAD:Â 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...
AIIB keen to invest $1bn in Pakistan
'Bank plans to finance $100m on Karachi Bus Rapid Transit Project, $400m on Rawalpindi Ring Road'
BEIJING:Â The Asian Infrastructure Investment Bank (AIIB)...