Saudi Arabia’s real estate price index rises 0.8% in Q2: GASTAT

Saudi Arabia’s real estate price index rises 0.8% in Q2: GASTAT

Chinese vice-PM unveils future plan for Pakistan economic corridor, welcomes third country participation

ISLAMABAD: Chinese Vice-Premier He Lifeng on Monday presented an ambitious future plan for the China Pakistan Economic Corridor (CPEC) and called for the participation of third countries in the project to advance regional connectivity and economic integration.

He, on a three-day visit to the Pakistani capital of Islamabad, was addressing a special ceremony to celebrate the completion of a decade of the CPEC project which has seen Beijing pledge over $60 billion dollars in Pakistan.

The major investment in development and energy projects is part of President Xi Jinping's Belt and Road Initiative (BRI) to improve China's road, rail and sea routes with the rest of the world.

As per the visiting Chinese dignitary, CPEC has so far brought $ 25.4 billion direct investment to Pakistan, created thousands of jobs and added 500 km of highways, 8000 MW of electricity and nearly 900 km to the National Transmission Network.

“In the next decade, China-Pakistan relations will embrace an even brighter future,” the Chinese dignitary said.

“We need to uphold openness and inclusiveness, actively step-up communication and coordination with regional countries, welcome the participation of third parties in CPEC and promote the extension of