{"id":83720,"date":"2022-02-08T12:29:22","date_gmt":"2022-02-08T07:29:22","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83720"},"modified":"2022-02-08T13:07:48","modified_gmt":"2022-02-08T08:07:48","slug":"metal-melting-plant-gwadar-cpec","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/metal-melting-plant-gwadar-cpec.html","title":{"rendered":"China to set up USD 4.5 bn melting plant at Gwadar under CPEC"},"content":{"rendered":"\n<p>Islamabad: The Chinese firms will invest in setting up a USD 4.5 billion metal melting plant at Gwadar\u2019s low-carbon circular industrial zone, news sources reported. The agreement was signed between the Chinese firms and Pakistan during the latest visit of Prime Minister (PM) Imran Khan to China. &nbsp; <\/p>\n\n\n\n<p><strong>Read:<\/strong><a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/chinese-firms-37-industry-approvals.html\" target=\"_blank\"> Chinese firms to exempt from 37 industry setup approvals<\/a><\/p>\n\n\n\n<p>The melting plant will be built under the China Pakistan Economic Corridor (CPEC). In a statement, Information and Communications Minister Fawad Chaudhry said that in addition to the <a href=\"https:\/\/www.zameen.com\/news\/govt-bar-mining-archaeological-sites-kp.html\" data-type=\"post\" data-id=\"70602\" target=\"_blank\" rel=\"noreferrer noopener\">metal melting plant, China <\/a>would also invest USD 2 billion in the mining projects in the province to increase job opportunities in the region for the indigenous people.&nbsp; It was reported that the government has been able to secure an investment worth USD 15 billion under CPEC renewed project streams. &nbsp; In a statement, Special Assistant to the Prime Minister on CPEC Affairs Khalid Mansoor said that the governments of both countries have agreed to continue cooperation on the second phase of CPEC. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/gulberg-elevated-expressway-traffic.html\">Gulberg Elevated Expressway: Traffic plan prepared, work to start next month<\/a><\/p>\n\n\n\n<p>Under the second phase, Chinese firms will invest in industries, agriculture, Information Technology, infrastructure, housing and construction, and mining and oil refinery.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Chinese firms will invest in setting up a USD 4.5 billion metal melting plant at Gwadar\u2019s low-carbon circular industrial zone, news sources reported. The agreement was signed between the Chinese firms and Pakistan during the latest visit of Prime Minister (PM) Imran Khan to China. &nbsp; Read: Chinese firms to exempt from 37 industry setup approvals The melting plant will be built under the China Pakistan Economic Corridor (CPEC). In a statement, Information and Communications Minister Fawad Chaudhry said that in addition to the metal melting plant, China would also invest USD 2 billion in the mining projects in the province to increase job opportunities in the region for the indigenous people.&nbsp; It was reported that the government has been able to secure an investment worth USD 15 billion under CPEC renewed project streams. &nbsp; In a statement, Special Assistant to the Prime Minister on CPEC Affairs Khalid Mansoor said that the governments of both countries have agreed to continue cooperation on the second phase of CPEC. Read: Gulberg Elevated Expressway: Traffic plan prepared, work to start next month Under the second phase, Chinese firms will invest in industries, agriculture, Information Technology, infrastructure, housing and construction, and mining&hellip;<\/p>\n","protected":false},"author":84,"featured_media":63240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[3886,41535,51036,51037],"persona":[],"class_list":{"0":"post-83720","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-cpec","9":"tag-cpec-investment-scope","10":"tag-metal-melting-plant-planned-at-gwadar-under-cpec","11":"tag-mining-industry-gwadar","12":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China to set up USD 4.5 bn melting plant at Gwadar under CPEC - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Chinese firms will invest in setting up a USD 4.5 billion metal melting plant at Gwadar\u2019s low-carbon circular industrial zone, news sources\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/metal-melting-plant-gwadar-cpec.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China to set up USD 4.5 bn melting plant at Gwadar under CPEC - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Chinese firms will invest in setting up a USD 4.5 billion metal melting plant at Gwadar\u2019s low-carbon circular industrial zone, news sources\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/metal-melting-plant-gwadar-cpec.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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