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China-Pakistan Economic Corridor (CPEC)

CPEC can create 1.2 million jobs: Chinese embassy spox

ISLAMABAD: The Chinese Embassy in Pakistan said that the China-Pakistan Economic Corridor (CPEC) has the capacity to create 1.2 million jobs. According to details, the Chinese Embassy issued details related to the status of CPEC and shared that, over the course of five years, 11 projects have been completed while 20 projects are in pipeline. The total investment on CPEC projects worth $18.9 billion. The embassy told that the ongoing 20 projects are related to energy, infrastructure, Gwadar port and industrial sectors.…

China Railways showed interest to endow in Pakistan Railways under CPEC

BEIJING: China Railway Rolling Corporation (CRRC), Tangshan, has shown fanatical enthusiasm to invest in Pakistan Railways under the umbrella of China Pakistan Economic Corridor (CPEC) project by providing products and services to Pakistan Railways. This initiative is revealed by Hu Rui, the director of Overseas Targeted Publicity Corporate Culture Department. The Director, Hu Rui briefed in detail to the delegation of South Asian and South East Asian countries, that CRRC has a immense potential and it is only…

CPEC contributes 2.5 pct in Pakistan’s GDP: Chinese envoy

ISLAMABAD: Ambassador of China to Pakistan Yao Jing has said that the China Pakistan Economic Corridor (CPEC) contributing 2.5 percent in Gross Domestic Product (GDP) of Pakistan. Speaking at a gathering in China's embassy in Islamabad Mr Yao Jing said that the "CPEC is not a strategic design or a secret plan. We only want to help our friend Pakistan." Ambassador Yao Jing said that Pakistan and China agreed over further expansion of the CPEC during Prime Minister Imran Khan's recent visit of China. Chinese…