CPEC

Global Times: Former Pakistani special envoy for CPEC sees big changes in China, vowing to dispel misconceptions

Retrieved on: 
Monday, January 22, 2024

But one of his more cherished memories was spending the eve of the Chinese Lunar New Year with his teacher's family.

Key Points: 
  • But one of his more cherished memories was spending the eve of the Chinese Lunar New Year with his teacher's family.
  • In 2014, Mahmood was appointed as the special envoy for the CPEC, having witnessed the benefits brought to and changes faced by Pakistan through the Belt and Road Initiative.
  • To dispel misconceptions and foster a deeper understanding of contemporary China globally, he later founded the Understanding China Forum, a Pakistan-based think tank.
  • My experience as a special envoy for the CPEC has also made me more profoundly realize the importance of culture in international exchanges.

Pakistan Construction Industry Report 2023: Market Contracted by 5.2% in Real Terms in 2023 Fueled by Weak Economic, Political and Financial Conditions - Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 16, 2024

Pakistan's construction industry contracted by 5.2% in real terms in 2023, owing to headwinds caused by the weak economic, political and financial conditions in the country.

Key Points: 
  • Pakistan's construction industry contracted by 5.2% in real terms in 2023, owing to headwinds caused by the weak economic, political and financial conditions in the country.
  • Pakistan's high inflation rate and surging energy and construction material prices are all expected to have weighed on construction activity this year.
  • In July 2023, the IMF approved a PKR651.4 billion ($3 billion) bailout, after keeping it on hold since December 2022.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Pakistan, featuring details of key growth drivers.

POWERCHINA Celebrates 10th Anniversary of CPEC: Committed to Bringing Pakistan Forward for Green and Sustainable Development

Retrieved on: 
Monday, March 6, 2023

This year will see the 10th anniversary of the China-proposed Belt and Road Initiative (BRI) and the 10th anniversary of the launch of the China–Pakistan Economic Corridor (CPEC).

Key Points: 
  • This year will see the 10th anniversary of the China-proposed Belt and Road Initiative (BRI) and the 10th anniversary of the launch of the China–Pakistan Economic Corridor (CPEC).
  • In the past ten years, among the first 20 energy and infrastructure projects of the CPEC, POWERCHINA has participated in the investment and construction of 11 projects.
  • POWERCHINA has consolidated the traditional power business, and continued to contribute to the development of new energy and other fields.
  • It has not only made important contributions to the sustainable development of Pakistan, but also played a key role in the development of CPEC.

Global Times: China-Pakistan ironclad ties consolidated; key CPEC projects to advance as 'BRI, Chinese modernization benefit all'

Retrieved on: 
Thursday, November 3, 2022

The two sides agreed on the importance of China-Pakistan All-weather Strategic Cooperative Partnershipamid the emerging global challenges.

Key Points: 
  • The two sides agreed on the importance of China-Pakistan All-weather Strategic Cooperative Partnershipamid the emerging global challenges.
  • China has upheld multilateralism, promoted global solidarity and cooperation, and made important contributions to safeguarding world peace and development.
  • Pakistan fully supports the Global Development Initiative and the Global Security Initiative put forth by President Xi, said Sharif.
  • Pakistan will further step up security measures and do all it can to protect the safety of Chinese institutions and personnel.

CGTN:China, Pakistan vow to inject new impetus into all-weather strategic cooperative partnership

Retrieved on: 
Wednesday, November 2, 2022

BEIJING, Nov. 2, 2022 /PRNewswire/ -- China and Pakistan on Wednesday vowed to make joint efforts in elevating the level of all-round strategic cooperation and inject new impetus into their all-weather strategic cooperative partnership.

Key Points: 
  • BEIJING, Nov. 2, 2022 /PRNewswire/ -- China and Pakistan on Wednesday vowed to make joint efforts in elevating the level of all-round strategic cooperation and inject new impetus into their all-weather strategic cooperative partnership.
  • Sharif said that his visit is a "testament to the profound, iron-clad friendship" between Pakistan and China, adding that deepening Pakistan's all-weather strategic cooperative partnership with China is a cornerstone of Pakistan's foreign policy and the national consensus of Pakistan.
  • China will continue its fundamental policy of opening-up and provide new opportunities to Pakistan and the rest of the world through continuous development, Xi told Sharif.
  • It has effectively boosted economic development, improved people's livelihood, and generated positive socioeconomic effects in Pakistan.

CGTN:China, Pakistan vow to inject new impetus into all-weather strategic cooperative partnership

Retrieved on: 
Wednesday, November 2, 2022

BEIJING, Nov. 2, 2022 /PRNewswire/ -- China and Pakistan on Wednesday vowed to make joint efforts in elevating the level of all-round strategic cooperation and inject new impetus into their all-weather strategic cooperative partnership.

Key Points: 
  • BEIJING, Nov. 2, 2022 /PRNewswire/ -- China and Pakistan on Wednesday vowed to make joint efforts in elevating the level of all-round strategic cooperation and inject new impetus into their all-weather strategic cooperative partnership.
  • Sharif said that his visit is a "testament to the profound, iron-clad friendship" between Pakistan and China, adding that deepening Pakistan's all-weather strategic cooperative partnership with China is a cornerstone of Pakistan's foreign policy and the national consensus of Pakistan.
  • China will continue its fundamental policy of opening-up and provide new opportunities to Pakistan and the rest of the world through continuous development, Xi told Sharif.
  • It has effectively boosted economic development, improved people's livelihood, and generated positive socioeconomic effects in Pakistan.

Global Times: CPEC laying foundation for sustained indigenous economic modernization; growth within and across the region is logical next step: Pakistan PM

Retrieved on: 
Tuesday, August 23, 2022

Over the past decade, CPEC has helped Pakistan alleviate power and infrastructure bottlenecks, thus laying the foundation for sustained economic modernization, Sharif said.

Key Points: 
  • Over the past decade, CPEC has helped Pakistan alleviate power and infrastructure bottlenecks, thus laying the foundation for sustained economic modernization, Sharif said.
  • As an international connectivity initiative, CPEC's growth to connect markets within and across the region is the logical next step, he said.
  • Sharif said CPEC aims to bring the region together in the shared pursuit of prosperity and stability.
  • The prime minister also said he has visited numerous CPEC projects, including in Gwadar, to ensure that timelines are met.

Pakistan Construction Market Trends and Opportunities Report 2021: Industry is Expected to Register an Annual Average Growth Rate of 5.1% Between 2022 and 2025 - ResearchAndMarkets.com

Retrieved on: 
Monday, February 28, 2022

The "Construction in Pakistan - Key Trends and Opportunities (H2 2021)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Pakistan - Key Trends and Opportunities (H2 2021)" report has been added to ResearchAndMarkets.com's offering.
  • The upward revision is mainly due to increased investment in the construction industry, as well as strong export growth and increased manufacturing activity.
  • The industry is expected to register an annual average growth of 5.1% between 2022 and 2025, supported by investment on China-Pakistan Economic Corridor (CPEC) infrastructure projects.
  • Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Pakistan, featuring details of key growth drivers.

Shanghai Electric Launches Chinese Language Training Program for Pakistan's Personnel on Thar Block-1 Integrated Coal Mine and Power Project

Retrieved on: 
Wednesday, January 19, 2022

"The Chinese language training program launched by Shanghai Electric will be beneficial to the students in a remote area like Islamkot.

Key Points: 
  • "The Chinese language training program launched by Shanghai Electric will be beneficial to the students in a remote area like Islamkot.
  • "I have gradually developed a great interest in learning Chinese while working with Chinese employees in Thar Block-1 Integrated Coal Mine and Power Project.
  • The EPC contract for the Thar Block-1 Integrated Coal Mine and Power Project, which features two 660-megawatt coal-fired power plants and a coal mine with an annual output of 7.8 million tons, was signed in April 2019.
  • As a priority CPEC project, the plants will optimize Pakistan's energy mix and significantly increase the country's energy security.

Shanghai Electric Launches Chinese Language Training Program for Pakistan's Personnel on Thar Block-1 Integrated Coal Mine and Power Project

Retrieved on: 
Wednesday, January 19, 2022

As of now, 40 workers and 60 students have been enrolled in the first class.

Key Points: 
  • As of now, 40 workers and 60 students have been enrolled in the first class.
  • "The Chinese language training program launched by Shanghai Electric will be beneficial to the students in a remote area like Islamkot.
  • "I have gradually developed a great interest in learning Chinese while working with Chinese employees in Thar Block-1 Integrated Coal Mine and Power Project.
  • The EPC contract for the Thar Block-1 Integrated Coal Mine and Power Project, which features two 660-megawatt coal-fired power plants and a coal mine with an annual output of 7.8 million tons, was signed in April 2019.