Pak-China agree to expedite work on Eastern Corridor

News Image

MG News | June 18, 2019 at 10:02 AM GMT+05:00

0:00

June 18, 2019: Pakistan and China have agreed to expedite work on Eastern Corridor from Sukkur to Hyderabad in build, operate, and transfer mode for its early completion.

The decision to this effect came during a meeting between Planning Minister Makhdum Khusro Bakhtyar and Ambassador of China Yao Jing in Islamabad on Monday. 

The two sides expressed satisfaction over the pace of projects under CPEC framework.

The Minister said that the incumbent government is committed to fast track the progress on this flagship project between Pakistan and China.

He appreciated the Chinese leadership and government for expanding the scope of CPEC by including socio-economic and agriculture sector development under its platform.

The Minister noted that signing of framework agreement on agriculture cooperation was a major milestone, adding that Pakistan will welcome Chinese agricultural companies to explore investment opportunities for initiation of joint ventures.

The Minister said that Gwadar Smart Port City Master Plan will be finalized soon which will chalk out the way forward for development of the coastal city.

Various projects under CPEC framework including 300 MW coal based power plant in Gwadar and Kohala hydro power station also came under discussion.

Related News

Name Price/Vol %Chg/NChg
KSE100 155,511.57
420.21M
4.55%
6768.25
ALLSHR 92,721.58
662.75M
4.09%
3646.62
KSE30 47,156.33
206.60M
4.72%
2124.72
KMI30 225,408.12
190.37M
4.32%
9332.56
KMIALLSHR 60,577.26
399.44M
3.83%
2234.76
BKTi 43,286.39
78.15M
6.37%
2591.83
OGTi 32,400.29
21.42M
3.59%
1121.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 69,120.00 69,585.00
67,750.00
1085.00
1.59%
BRENT CRUDE 101.81 105.94
98.35
-2.16
-2.08%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
2.10
1.90%
ROTTERDAM COAL MONTHLY 113.75 116.50
113.75
-5.25
-4.41%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 100.23 103.31
96.50
-1.15
-1.13%
SUGAR #11 WORLD 15.27 15.44
15.05
-0.25
-1.61%

Chart of the Day


Latest News
April 01, 2026 at 08:29 PM GMT+05:00

SBP raises Rs829bn through MTBs, PIB auctions


April 01, 2026 at 07:06 PM GMT+05:00

Cement despatches edge up in March 2026


April 01, 2026 at 06:40 PM GMT+05:00

SBP empowers youth with independent banking framework


April 01, 2026 at 06:33 PM GMT+05:00

International gasoil prices retreat after March spike



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg