Mega industrial projects launched under CPEC

Islamabad: Chinese Vice President Wang Qishan visited Islamabad on Sunday for a three day appointment in regards to recalling the strengthening ties between China and Pakistan under China Pakistan Economic Corridor (CPEC).

invest with imarat

Islamabad’s emerging city centre

Learn More

Day one of the visit saw the inauguration of four mega projects including Lahore- Matiari transmission line and Rashakai Special Economic Zone. A number of agreements were also signed with Prime Minister Imran Khan and VP Wang being the witnesses.

Under the first project, a transmission line of 660kv would be laid between Matiari and Lahore. It aims to transmit power from coal based plants located at Thar, Port Qasim and Hub. The project would have the capacity to supply 2000 MW with 10 percent overloaded capability for two hours.

The plaque for Rashakai Special Economic Zone (RSEC) was unveiled for the promotion of industrialization through optimally priced, state of the art infrastructure in KP province. It is expected to become the Trade and Logistics Hub connecting Kashgar, Kabul and Gwadar on the Belt and Road.

The ceremony also marked the inauguration of Confucious Institute at the University of Punjab and the launch of Huawei Technical Support Center.

On his visit to the Chaklala Air Base, VP Wang while speaking at the ‘Friends of Silk Road’, said that Pakistan and China were strategic partners which would stand by one another for development under CPEC. This initiative encompasses all political parties, regions and communities across Pakistan while enjoying the strongest support in China as well.

The forum was attended by political leaders including Minister for Foreign Affairs Shah Mahmood Qureshi, Planning Minister Khusro Bakhtiar, Finance Advisor Abdul Hafeez Sheikh, members of the Chinese delegation, opinion makers, linked communities, academia, media and think tanks.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Exploring Kalabagh: The Historic City in Mianwali District

Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…

12 hours ago

Nazimabad Number 2: A Well-Known Residential Area in Karachi

Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…

1 day ago

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

2 days ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

3 days ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

4 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago