Search results
Results From The WOW.Com Content Network
The Gwadar Port (Urdu: گوادر بندرگاہ [ˈɡwaːdəɾ ˈbəndəɾɡaː]) is situated on the Arabian Sea at Gwadar in Balochistan province of Pakistan and is under the administrative control of the Maritime Secretary of Pakistan and operational control of the China Overseas Port Holding Company. [2]
The 1,320 megawatt Port Qasim Power Project comprises two 660 megawatt supercritical coal power plants, one of which was inaugurated in December 2016 as part of the China–Pakistan Economic Corridor. [1] The $2.09 billion project is located on 330.7 acres at Port Qasim, 37 kilometers east of Karachi in Sindh Province.
On 18 February 2013, Pakistan awarded a contract for the construction and operation of Gwadar Port to a Chinese state-owned enterprise.As per details of the contract, the port would remain as property of Pakistan, but would be operated by the state-run Chinese firm – China Overseas Port Holding Company (COPHC). [10]
China and Pakistan already conduct trade via the Karakoram Highway. The CPEC projects involve reconstruction and upgrades to National Highway 35 (N-35), which forms the Pakistani section of the Karakoram Highway (KKH). The KKH spans the 887 kilometers between the China-Pakistan border and the town of Burhan, near Hasan Abdal.
All the Chinese nationals working at the port in Baluchistan province were safe, the officials said. Pakistan repulses attack near Chinese-funded port in southwest, killing 8 insurgents, officials say
Given Gwadar's proximity to the Persian Gulf, where approximately 40% of the world's crude oil is sourced, this venture is vital. Sources suggest that China currently satisfies 50% of its oil demand by importing from the Middle East. The pipeline is expected to substantially shorten the transportation distance for delivering crude oil to China ...
Faisalabad Dry Port (opened 1994) Pak-China Sust Dry Port (36°41'29"N 74°49'31"E) NLC Dry Port at Thokar Niaz Beg, southwest of Lahore (31°27'53"N 74°13'54"E) NLC Dry Port at Quetta (30°13'51"N 67°00'28"E) QICT Dry port at Prem Nagar railway station, southwest of Lahore (opened 2010) Sialkot International Container Terminal (32°29'12"N ...
Trade between China and Pakistan hit a 12-month figure of $12 billion for the first time in 2012. [114] 2013 – On 5 July 2013, Pakistan and China approved the Pak-China Economic Corridor which will link Pakistan's Gwadar Port on the Arabian Sea and Kashgar in Xinjiang in northwest China.