Chinese Ambassador states that CPEC has created 192,000 jobs for Pakistanis.

According to Chinese Ambassador Nong Rong, the China-Pakistan Economic Corridor (CPEC) has had a significant impact on Pakistan’s socio-economic development, with the project providing 192,000 jobs, 6,000MW of power supply, 510km of highway, and 886km of the transmission line. In an Awarding Ceremony for Outstanding Pakistani Staff of the CPEC Projects 2022, held in the Chinese Embassy, Nong Rong also mentioned that there are more positive developments coming from various sectors under the CPEC initiative. These include the operation of the China-funded Eastbay Expressway of Gwadar port, which has improved connectivity and is currently transporting 200,000 tonnes of fertilizer, as well as the commercial operation of the Karot Hydropower project, which provides cheap and clean electricity and has the potential to reduce 3.5 million metric tonnes of carbon emissions annually.

Recent News

Easypaisa, Pakistan’s leading digital financial services platform, has entered into a strategic partnership with Dukan, a prominent e-commerce infrastructure solution. The collaboration aims to enhance the ordering and digital payments experience for consumers under the easypaisa MiniApps umbrella.

The global civilian drone market is projected to experience substantial growth, reaching an estimated value of $21.62 billion by 2027, nearly doubling from its 2023 figures. This surge in the market has created an increased demand for protection against unauthorized drone activities, including video recording and potential security threats such as industrial espionage.

Caretaker Minister for Information Technology and Telecommunications, Dr. Umar Saif, distributed Rs. 825 million in cash prizes to 550 IT companies for their significant contributions to IT and IT-enabled services exports. Dr. Saif emphasized the importance of the IT industry in the country’s economy and highlighted the need for incentives and rewards.