BEIJING, Jan 11 (APP):The China Pakistan Economic Corridor (CPEC) has achieved some early harvests in transport infrastructure, energy, Gwadar Port, and other areas, giving a strong boost to economic and social development and regional connectivity in Pakistan, Chinese Foreign Ministry’s Spokesperson Mao Ning said on Thursday.
Chinese Foreign Ministry Spokesperson Mao Ning emphasized the substantial progress made by the China-Pakistan Economic Corridor (CPEC), particularly in transport infrastructure, energy, and the development of Gwadar Port. Recognized as the flagship project of the Belt and Road Initiative (BRI), CPEC has played a pivotal role
In a groundbreaking move, four Pakistani state-owned petroleum companies have joined forces with Saudi Arabia to embark on an ambitious endeavor – constructing Pakistan’s largest oil refinery at the strategic Gwadar Port. The memorandum of understanding (MoU) was signed, sealing an investment of a staggering $10
During the first day of session, four technical sessions were held which include socio-economic impacts of CPEC, prospects of regional connectivity through Gwadar Port, opportunities for industrial relocation and export and green technologies and development. In his address, Secretary Planning Ministry, Syed Zafar Ali Shah, said
Charge’ D Affairs of the Chinese Embassy Pang Chunxue declared that under the leadership of the two countries, China and Pakistan will continue to work hand in hand to improve quality and efficiency of CPEC. They will also upgrade the all-round strategic cooperation to a new
The Balochistan government has granted a tax-free zone status to Gwadar district, exempting the area from all provincial taxes in an attempt to boost economic activities. The provincial government on Saturday also urged the Centre to grant similar economic status to the district to exempt it
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