Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

$45b project: Ahsan rejects ‘rumours’ of change in China-Pakistan Economic Corridor route

byCustoms Today Report
12/02/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal has rejected the rumours regarding any change in Pak-China Economic Corridor and termed these rumours conspiracy against the $45 billion project.

He said this while talking to media persons along with Moulan Fazlur Rehman. The minister said that despite security concerns, the Chinese government has been convinced to work on Pakistan’s economic development. He said that the local anarchists are trying to misguide the nation about this mega projects.

You might also like

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

19/08/2026

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

18/08/2026

Ahsan Iqbal said that for the last 14 years no planning has been made for energy, infrastructure and human resource development, which have left Pakistan economically dependent and poor in the social sector.

About the 18th Amendment, he said that this amendment in the constitution has complicated things for the federal government to lift all the federating units together. “Keeping in view such complication of the country’s social sector and economic predicament, we have undertaken mega projects like China-Pakistan Economic Corridor which will cater to the needs of all federating units through proper rail and road network and multiple projects in energy within next three years,” he added.

Highlighting the national importance of the project, he said, the route and alignment of China-Pakistan Economic Corridor will cover backward areas of the country through multiple alignments of roads. In detail, he said that apart from Makran Coastal Highway, which was the only road connectivity with Gwadar Port, the project will also go further to the upcountry in the north through N-85 and M8. N-85 will connect Gwadar with Quetta via Turbat, Panjgore, Basima etc and M8 will connect Gawadar with Ratodero via Turbat, Khuzdar etc. Both of these sections of highways will be completed within next two to three years on priority basis.

Related Stories

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

byCT Report
19/08/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs61 billion during fiscal year 2025-26, reaching Rs1.675 trillion by June 30,...

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

Next Post

Route of PCEC having China’s $45b investment pledge not to be changed: N-85, M-8 to connect Gawadar

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.