Turkey strong supporter of Belt and Road, Erdogan tells Chinese press
01-07-2019: The Republic of Turkey is a strong supporter of the Belt and Road Initiative, President Recep Tayyip ErdoAan told Chinese daily the Global Times in an opinion piece published Monday. "The centuries-old cooperation between our nations continues to grow stronger today thanks to the BRI under the leadership of Xi Jinping, China's president and my dear friend," ErdoAan said.
Financial liabilities of govt for CPEC projects only $5.8b
06-07-2019: ISLAMABAD- Out of total $28 billion so far utilised for CPEC projects, the financial liabilities of government of Pakistan are only to the tune of $5.8 billion comprising of low interest loans and grants in infrastructure projects spread over 20 to 25 years payback period.
Pakistan's CPEC affords good opportunities for Malaysian businesses
08-07-2019: KUALA LUMPUR-Malaysian business communities and key players are urged to seize the opportunities offered within Pakistan's market, specifically the China-Pakistan Economic Corridor (CPEC) project. Malaysian High Commissioner to Pakistan, Ikram Mohammad Ibrahim, said the CPEC project a 15-year master plan under the "One Belt, One Road" (OBOR) initiatives a chance for local businessmen to look into, and penetrate, the market which includes roads and railways.
CPEC Authority to fast track down on projects
14-07-2019: ISLAMABAD - Federal Minister for Planning and Development Khusro Bakhtiar said Saturday that government had decided to establish China-Pakistan Economic Corridor (CPEC) Authority to upgrade the existing structure for speedy and focused execution of the projects. The government would soon introduce legalisation for it in the parliament, the minister said at a press conference.
Gwadar to be leading trading port in the region
15-07-2019: Pakistan's Minister of Planning, Development and Reforms Khusro Bakhtiar said on Saturday that a comprehensive plan is being made to develop Gwadar port in the country's southwest Balochistan province on modern lines, under the China-Pakistan Economic Corridor (CPEC).
China, Malaysia restart Belt and Road rail project after hiccups
25-07-2019: The project in Malaysia's north is resuming after a year-long delay to renegotiate its price down by a third to $11bn.China and Malaysia resumed construction on a massive Belt and Road rail project in northern Malaysia , after a yearlong suspension and following a rare agreement to cut its cost by...