Tag Archives: infrastructure development

China-Pakistan Economic Corridor (CPEC) A Game-Changer for the Region: PM Shehbaz Sharif

In a resolute statement, Prime Minister Shehbaz Sharif emphasized that the China-Pakistan Economic Corridor (CPEC) is a transformative project that holds the potential to revolutionize the entire region. He called upon neighboring India to cease creating obstacles and instead embrace the opportunities presented by this mega project. As Pakistan commemorates the 10th anniversary of the… Read More »

UAE-based AD Ports Group Signs 50-Year Concession Agreement with Karachi Port Trust

The UAE-based AD Ports Group has entered into a groundbreaking 50-year concession agreement with Karachi Port Trust (KPT), signaling a significant development for both parties involved. According to an official statement released on Thursday, the agreement involves the operation of Karachi Gateway Terminal Limited (KGTL) and an impressive investment of $220 million (Rs63.129 billion) earmarked… Read More »