05 Jul 2017

Pakistan has been smoothly implementing an ambitious plan to build an economic corridor with China, despite experiencing some challenges, Federal Minister for Planning and Development Ahsan Iqbal said on Wednesday. China has promised $57 billion in investment in projects along the China-Pakistan Economic Corridor (CPEC), part of its ambitious Belt and Road plan linking China […]

05 Jul 2017

Prime Minister Nawaz Sharif has invited Chinese companies to expand and diversify investment in power sector by participating in the process of setting up transmission lines and local coal generation projects. He was talking to a Chinese delegation headed by Chairman National Energy Administration Nur Bekri in Islamabad on Tuesday. On bilateral relations, the Prime […]

03 Jul 2017

ISLAMABAD —  Unknown gunmen shot dead at least 10 construction workers and wounded several others Saturday in southwestern Pakistan, police said. The victims were building a road in the port city of Gwadar when assailants on motorbikes fired at them and fled the scene. There was no immediate claim of responsibility for the violence. Suicide […]

24 Jun 2017

TEHRAN: Pakistan’s Ambassador to Iran, Asif Ali Durrani, in an interview with Iranian Student’s News Agency (ISNA), said that China Pakistan Economic Corridor will benefit both Gwadar and Chabahar ports. When asked about the Gwadar and Chabahar ports, Durrani commented that both the ports complement each other and that the goal of the China-Pakistan corridor […]

24 Jun 2017

Gwadar is changing. This is the usual tag line for advertisements promoting the port city as the next best destination for investment in real estate after Dubai. These adverts generally feature a skyline dominated by well-lit, high-rise buildings lining wide avenues and towering over a shimmering waterfront. The Gwadar of reality has neither electricity nor […]

19 Jun 2017

Pakistan’s deep-sea port Gwadar, which the Chinese built and are now operating under a 40-year agreement, remains a subject of considerable interest for much of the world. The port, 605km east of the world’s biggest energy choke point — Straits of Hormuz, has a much bigger strategic dimension than earlier imagined. Nearly 20 per cent […]