News & Updates

Gwadar – Eleven new projects in Gwadar city to be initiated soon would produce 76000 direct jobs. The 11 new project include development of free zone, new Gwadar International Airport, Gwadar East-Bay Expressway, dredging of berthing areas and channels, construction of breakwater, Pakistan-China friendship hospital,......

Beijing – The China-Pakistan Economic Corridor (CPEC) has become one of the earliest, fastest-moving and most effective projects under the Belt and Road initiative. Of the 43 projects confirmed at the beginning of the corridor, 20 are under construction or have been completed. “Another 157......

Karachi – Caretaker Finance Minister Dr Shamshad Akhtar has said that a total of 22 development projects at cost of $28.6 billion, including $22.3 billion investment on 15 energy projects, are being implemented under the China-Pakistan Economic Corridor (CPEC). After presiding over the 55th progress......

ISLAMABAD – Central Development Working Party (CDWP) has Thursday approved 24 projects of worth Rs19.6 billion while 12 projects worth Rs781.39 billion, including the up-gradation of railway ML-I, were referred to Executive Committee of National Economic Council (Ecnec) for further proceeding. The CDWP meeting was held......

Lahore – President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain on Monday said that 2018 is an important year regarding China–Pakistan Economic Corridor (CPEC) as first phase of this historical project comprised of energy and infrastructure sectors have successfully completed. Second phase of......

ISLAMABAD: A meeting of the Executive Committee of the National Economic Council (ECNEC) at its meeting here on Tuesday approved phase three of overseas scholarship scheme for two thousand doctorates in different fields at a cost of Rs22.21 billion. The meeting was chaired by Prime Minister Shahid Khaqan......

ISLAMABAD: Tarek Hamdy, the chief executive officer (CEO) at Eighteen, has said that shareholders will not repatriate profits to their home country and instead, reinvest capital in Pakistan as they venture into other cities including Peshawar, Lahore, and Karachi. Eighteen is the latest project in......

ISLAMABAD – The government has made special allocation to start construction of Bhasha Dam and Mohmand Dam and enhanced water sector allocation from Rs 36 billion to Rs 65 billion for next fiscal year. Pakistan is facing acute water scarcity requiring special interventions and that......