CPEC funding

Why jubilation in Pakistan after nuclear power deal with China may be prematureWhy jubilation in Pakistan after nuclear power deal with China may be premature

Why jubilation in Pakistan after nuclear power deal with China may be premature

Pakistan vacillates between good and bad news on its energy front. There was much jubilation about the $4.8 billion deal…

2 years ago
Chinese power companies accuse Pakistan govt. of defaulting on paymentsChinese power companies accuse Pakistan govt. of defaulting on payments

Chinese power companies accuse Pakistan govt. of defaulting on payments

At least two Chinese power companies have served a default notice to Pakistan's Central Power Purchasing Agency (CPPA) over billions…

2 years ago
CPEC: China’s multi-billion project in limbo as Pakistan inches closer to the WestCPEC: China’s multi-billion project in limbo as Pakistan inches closer to the West

CPEC: China’s multi-billion project in limbo as Pakistan inches closer to the West

<p> The new government of Shehbaz Sharif is increasingly finding that the China Pakistan Economic Corridor (CPEC), much-touted as a…

3 years ago
Pakistan eyes USD 3bn loan from Beijing during Imran Khan’s upcoming visit to ChinaPakistan eyes USD 3bn loan from Beijing during Imran Khan’s upcoming visit to China

Pakistan eyes USD 3bn loan from Beijing during Imran Khan’s upcoming visit to China

<p> Pakistan is keeping its focus on availing a USD 3 billion loan and will seek investment in six sectors…

3 years ago
Pakistan’s Prime Minister Imran Khan set to visit China to rescue troubled CPECPakistan’s Prime Minister Imran Khan set to visit China to rescue troubled CPEC

Pakistan’s Prime Minister Imran Khan set to visit China to rescue troubled CPEC

<p> Pakistan's cabinet committee on the China Pakistan Economic Corridor (CPEC) is meeting today to sharpen the CPEC-related visit of…

3 years ago
Pak army chief, Chinese ambassador discuss CPEC security concerns before Imran’s visit to ChinaPak army chief, Chinese ambassador discuss CPEC security concerns before Imran’s visit to China

Pak army chief, Chinese ambassador discuss CPEC security concerns before Imran’s visit to China

<p> Chinese Ambassador to Pakistan, Nong Rong met Pakistani army chief General Qamar Javed Bajwa on Wednesday to discuss the…

3 years ago
Poor infrastructure, rising instability force Saudi Arabia to shift Gwadar refinery to Hub near KarachiPoor infrastructure, rising instability force Saudi Arabia to shift Gwadar refinery to Hub near Karachi

Poor infrastructure, rising instability force Saudi Arabia to shift Gwadar refinery to Hub near Karachi

<p> In a big blow to the China Pakistan Economic Corridor (CPEC) project, Saudi Arabia has decided to relocate its…

3 years ago
CPEC is in free fall as power and road projects grind to a haltCPEC is in free fall as power and road projects grind to a halt

CPEC is in free fall as power and road projects grind to a halt

<p> Pakistan is giving more time to China to build power plants, as key infrastructure projects—the icons of the mega China Pakistan…

3 years ago
Pakistan asks China to restart CPEC projects stalled over investment, power dues and safetyPakistan asks China to restart CPEC projects stalled over investment, power dues and safety

Pakistan asks China to restart CPEC projects stalled over investment, power dues and safety

<p> The Imran Khan government has requested China to restart seven energy and infrastructure projects around $12 billion, which Beijing…

3 years ago
China wants Pakistan to pay $38 million as blood money for its engineers killed at hydel project siteChina wants Pakistan to pay $38 million as blood money for its engineers killed at hydel project site

China wants Pakistan to pay $38 million as blood money for its engineers killed at hydel project site

<p> China seems to be pressuring Pakistan to pay $38 million as compensation for the nine Chinese engineers who were…

4 years ago
Dasu power project yet to restart as Pakistan falters in paying Chinese investorsDasu power project yet to restart as Pakistan falters in paying Chinese investors

Dasu power project yet to restart as Pakistan falters in paying Chinese investors

<p> Pakistan plans to make a partial payment of $1.4 billion in the next few days to reassure Chinese firms…

4 years ago