Categories: Everyday News

CPEC Phase 2 going strong: Asad Umar

ISLAMABAD: The federal government, on Thursday, held a meeting with China to review the progress on China-Pakistan Economic Corridor (CPEC) Phase 2 projects.  

invest with imarat

Islamabad’s emerging city centre

Learn More

As per details, the meeting was conducted online and presider over by Minister for Planning Asad Umar and Vice Chairman of the National Development and Reform Commission (NDRC) of China Ning Jizhe. 

According to details, 10 energy projects worth $10 billion have been concluded successfully and 4 projects worth $4.7 billion are in the pipeline. The government intended to renegotiate the terms of these projects. 

As per the Joint Cooperation Committee (JCC), Pakistan wants to maintain stable tax and tariff policies along with a  standardised power market in the country. 

Both the countries agreed to bring several other projects under the ambit of CPEC framework. 

 

 

For more news and information, visit Graana.com 

 

 

 

Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

Recent Posts

Islamabad Set to Inaugurate State-of-the-Art IT Park on August 14

ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…

2 days ago

Lahore’s Central Business District Completes PKR 9 Billion Smart Road Project

Lahore, April 23, 2025 – The city of Lahore has successfully completed the construction of…

3 days ago

Chaaye Khana Unveils First-Ever Rooftop Outlet at Amazon Mall with Panoramic Views

ISLAMABAD, Pakistan – April 23, 2025 – Chaaye Khana, Pakistan's popular cafe renowned for its…

5 days ago

PM Shehbaz Inaugurates Murree Road Underpass Project

ISLAMABAD: Prime Minister Shehbaz Sharif laid the foundation stone for the Murree Road underpass on…

5 days ago

Pakistan Emerges as Prime Investment Destination, Say Real Estate Developers at Dubai Property Show

DUBAI: Pakistani real estate developers and representatives showcased a range of commercial and residential investment…

6 days ago

CDA to Transform Park Road Nursery Under Rs652 Million Gardenia Hub Project

ISLAMABAD: Capital Development Authority (CDA) is currently undertaking a major Rs652 million project to upgrade…

1 week ago