Power Division seeks tax exemption for CPEC energy projects

ISLAMABAD: Minister for Power Division Awais Ahmed Khan Leghari has assured power-sector investors that his division is holding negotiations with the Federal Board of Revenue (FBR) on tax exemptions and related matters with expectations that a positive outcome will emerge soon. The minister gave the assurance in a meeting with project sponsors on Friday. The huddle […]

UK desirous to partner in CPEC projects

LONDON: The United Kingdom has expressed the desire to partner in China-Pakistan Economic Corridor (CPEC) projects. According to the media reports the Commercial Counselor at the Pakistan High Commission London Sajid Mehmood Raja while talking to APP has said that UK has communicated its strong support for CPEC. “The UK is the 3rd largest destination […]

Lijian Zhao appointed focal person for CPEC power projects

ISLAMABAD: Chinese Embassy has nominated Chinese Deputy Head of Mission Lijian Zhao as the focal person for ongoing power projects under the China Pakistan Economic Corridor (CPEC). In pursuance of the Power Division commitment to facilitate and resolution of issues pertaining to the ongoing projects under the CPEC in order to ensure their timely completion, […]

Gwadar Port to become formally operational this month: Hasil Bizenjo

KARACHI: Gwadar Port will be formally operational and open to the world by end of next month and there will be a first international expo at Gwadar on January 29-30 to project the potential of Gwadar, mainly of Special Economic Zone. Gwadar Port is a deep-sea international port with draught of more than 18 meters. […]

All set to inaugurate 5 million gallon desalination plant in Gwadar

Under China Pakistan Economic Corridor (CPEC), a 5 million gallon desalination plant has been established in Gwadar to supply water to the residents of the area.   Water will be supplied at a price of 80 paisa per gallon to the residents of Gwadar. According to the head of China Port Holding, the inauguration of [...]