China - Pakistan Economic Corridor - CPEC

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British Pakistani boxer Amir Khan has announced he would set up a boxing academy in
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for the local youth to train and horn their boxing skills.

The ace boxer was speaking in Palo Alto, California at the American launch of China Pak Investments Corporation (
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)’s drive aimed at wooing American investors towards Gwadar.

Speaking at the launch event, the former World Champion boxer said that he has decided to buy land in Gwadar where he intends to invest for living as well as for investment purpose. “Gwadar has become the next desirable investment destination. It’s a happening place and offers vast opportunities. I trust the team of CPIC looking after investment portfolios and investment projects. My intention is to set up Amir Khan Boxing Academy there,” said the boxer, adding that this will provide the locals opportunity to train and get into fitness.

Amir Khan appealed to overseas investors to look at the prospects Gwadar is offering and invest there to help build a better and brighter Pakistan.“Gwadar is the future of emerging Pakistan,” he said.

The CPIC delegation – led by Zeeshan Shah, CEO of ONE Investments and Spokesperson for CPIC - has been touring the United States of America to highlight the opportunities Gwadar.

The American tour of the group comes after 100 iconic red London businesses were launched to promote Gwadar as the investment destination and to invite attention towards the future hub of economic activity in Pakistan.

Double deck London buses have been running across 17 routes in London, carrying beautiful banners showcasing Gwadar and projecting it as a city which has the potential to rival Dubai. The advertisement banners on buses read: “Gwadar: the Gateway to Emerging Pakistan”. These buses will continue to run till the end of March.

Both campaigns, in London and America, have been sponsored by the CPIC to promote Gwadar as the center of a strategic gambit as well as Pakistan’s Dubai, being built and developed with help from China under the China Pakistan Economic Corridor (CPEC) project.

Zeeshan Shah commented: “Every nation has its time and the time for Pakistan has come. In the next 10 years Pakistan will be amongst the fastest growing economies in the world and CPIC will be at the heart of this Pakistani success story. “Our mission is a simple one. In 2018 we aim to educate no less than 100 million people on the opportunities Pakistan presents.

Our London bus campaign alone, which is running throughout the month of March, has an audience of 10 million of the world’s most affluent and influential people in Central London. After a UK wide tour covering 11 cities in February we have now come on an 8 city tour of the US to create awareness for Gwadar and promote inward investment into Pakistan. Overseas Pakistanis across the world need to come together now to help Pakistan capitalise on this opportunity and defining moment in our nation’s history.”

Zeeshan Shah added: “The response we have had from Pakistanis worldwide has been immense and not only Pakistanis but even non-Pakistani investors who understand the value opportunity Pakistan presents. InshaAllah we will continue this tour and next we will be taking it to Singapore, Malaysia and China. We will not stop until we have informed the whole world about emerging Pakistan.”

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6 lanes 16 Km Lahore Eastern ByPass Kala Katai Interchange under construction for Narowal and Shahdara & Bridge at River Ravi.

It will be operational for traffic in July 2018.It will reduced travelling time between Lahore Ring Road Junction with GT Road N-5 and Motorway M-2..

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NA body recommends to finalize CPEC Central Route on priority

The National Assembly Standing Committee on Planning , on Thursday that the Central Route of China Pakistan Economic Corridor (CPEC) should be finalized on priority basis for progress and development of backward areas of South Punjab.

The Committee considered the issue of transfer of land for the establishment of University of Thal, Kallur Kot, District Bahakkar and establishment of 132 KV Grid Station at Kallur Kot.

The Committee considered the issue of construction of Bridge on River Indus connecting Kallur Kot with D.I. Khan.


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Thar
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Power Project (Thar-ll) is a coal-fired power plant under construction in
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District,
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. The project is being developed as part of the
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.

The first phase of the project will yield 660 megawatts of electricity.The first phase is expected to be completed by early 2019.

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: 60 Km
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Motorway Last section (12 Km) will open for traffic in May 2018. 47km section of the
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-
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Motorway was opened for traffic from
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to Shah Maqsood interchange in December 2017.

60 Km Hazara Motorway would become fully operational and it would provide a modern six-lane road facility to people of Havelian, Abbotabad and Mansehra.

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