Chinese company official terms Gwadar seaport CPEC’s vital axis
In a meeting with the business community here at Lahore Chamber of Commerce and Industry (LCCI), Mr. YO BO, chairman of China Overseas Port Holding Company (COPHC), highlighted the transformative progress of Gwadar under the China-Pakistan Economic Corridor, saying that the seaport had emerged as CPEC’s vital axis. He emphasised that Pakistan’s economic circumstances were…
Adil Aziz
Chinese company lauds multiple incentives at Gwadar Port Free Zone
The Pakistani government is very supportive of Chinese enterprises investing in Gwadar Port and has given multiple preferential policies including tax-free incentives, said Liu Hui, deputy general manager of China Linyi Trade City Co, a Chinese enterprise which has been operating in Gwadar Port Free Zone for many years. The Pakistani government is very supportive…
Planning minister reviews 300 MW Coal Fired Power Project
Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal directed Ministry for Maritime Affairs, Power Division, Gwadar Port Authority (GPA) and China Overseas Ports Holding Company Ltd (COPHCL) to ensure 100 percent power consumption to 300 MW Coal Fired Power Project in order to avoid any financial loss to the national exchequer. The minister…
Meeting reviews electricity demand in Gwadar Free Zone
Minister for Planning Development & Special Initiatives Ahsan Iqbal has asked the China Overseas Ports Holding Company Ltd (COPHCL) to provide the exact demand of the electricity for Gwadar Free Zone and share a ten-year plan for electricity consumption by Gwadar Free Zone Company in order to establish the electricity utilization of 300 MW coal-fired…
14 Chinese investors to visit Gwadar to assess investment potential next week
As many as 14 Chinese investors are coming to Gwadar to assess the investment potential of Gwadar and Balochistan next week, said Chairman of China Overseas Ports Holding Company (COPHC) Zhang Baozhong. “In addition to Chinese, last year we received more than 17 ambassadors from the US, Canada, and countries from the European Union,” he…