Dasu Dam project

Successful closure China Gezhouba Group’s #DASU hydropower project in Pakistan has achieved major node goals, WAPDA and engineers, the project department of China Gezhouba Group Pakistan. Dasu Dam project entered a new stage of dam construction

6th BUILD PAKISTAN Exhibition begins in Lahore Pakistan’s leading Building and Construction Exhibition and Conference – 6th Edition of BUILD PAKISTAN organized by FAKT Exhibitions (Pvt.) Ltd. opened its doors on 19th December 2019 at Expo Centre Lahore. The exhibition was inaugurated by Mr. Zaigham Mehmood Rizvi – Chairman PM federal housing task force along […]

Solid waste management projects to be set up in 20 cities

Senior Minister Punjab Abdul Aleem Khan has said that projects of solid waste management will be started in 20 main cities of Punjab in which transparent and comprehensive process would be ensured. He expressed this while meeting to Chinese delegation here at 90 The Mall Office in which detailed discussion was held on Lahore Sanitation […]

11 new projects included in development of Gwadar

Gwadar – Eleven new projects in Gwadar city to be initiated soon would produce 76000 direct jobs. The 11 new project include development of free zone, new Gwadar International Airport, Gwadar East-Bay Expressway, dredging of berthing areas and channels, construction of breakwater, Pakistan-China friendship hospital, technical and vocational institute, Gwadar smart port city master plan, […]

200 CPEC projects to be completed in 12 years

Beijing – The China-Pakistan Economic Corridor (CPEC) has become one of the earliest, fastest-moving and most effective projects under the Belt and Road initiative. Of the 43 projects confirmed at the beginning of the corridor, 20 are under construction or have been completed. “Another 157 projects in the corridor will be gradually completed in the […]

New Special Economic Zone to be established in Mirpur under CPEC

AJK government has released over Rs 183 million under the last fiscal year 2017-18 for the construction of the first phase of the mega Special Economic Zone approved under the gigantic China Pakistan Economic Corridor (CPEC) projects. Mirpur would have the giant 9th Special Economic Zone (SEZ), over an area of 9500 kanals of land […]

22 projects being implemented under CPEC

Karachi – Caretaker Finance Minister Dr Shamshad Akhtar has said that a total of 22 development projects at cost of $28.6 billion, including $22.3 billion investment on 15 energy projects, are being implemented under the China-Pakistan Economic Corridor (CPEC). After presiding over the 55th progress review meeting on CPEC projects in the Planning Commission on […]

CPEC first phase completion to improve energy, infrastructure sectors

Lahore – President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain on Monday said that 2018 is an important year regarding China–Pakistan Economic Corridor (CPEC) as first phase of this historical project comprised of energy and infrastructure sectors have successfully completed. Second phase of the CPEC project is about to begin which is comprised […]

Chinese companies joint venture to build 40MW waste-to-energy plant in Lahore

Lahore – The National Electric Power Regulatory Authority (Nepra) has accepted an application of the Lahore Xingzhong Renewable Energy Company (pvt) Limited for its 40 megawatt (MW) waste to energy project. Earlier the company had filed an application with Nepra for seeking a generation license for the 40 MW Municipal Solid waste (MSW) power project […]

NHA to complete 10 mega projects in 2018

Islamabad – National Highway Authority (NHA) will complete 10 mega projects in 2018, which had been launched by ex-Prime Minister Nawaz Sharif in 2015-16; these projects include 10 motorways and highways projects in different parts of the country. The accomplishment of these projects would confer the best-traveling facilities to the public. 285 km long motorway […]

Eighteen Islamabad to reinvest profit in other Pakistani cities

ISLAMABAD: Tarek Hamdy, the chief executive officer (CEO) at Eighteen, has said that shareholders will not repatriate profits to their home country and instead, reinvest capital in Pakistan as they venture into other cities including Peshawar, Lahore, and Karachi. Eighteen is the latest project in Pakistan’s real estate sector that features housing units set in […]

Many new development projects to start soon

ISLAMABAD – The government has made special allocation to start construction of Bhasha Dam and Mohmand Dam and enhanced water sector allocation from Rs 36 billion to Rs 65 billion for next fiscal year. Pakistan is facing acute water scarcity requiring special interventions and that was why authorities concerned increased allocation to conserve water and […]

ECNEC approves development projects worth billions

ISLAMABAD: A meeting of the Executive Committee of the National Economic Council (ECNEC) at its meeting here on Tuesday approved phase three of overseas scholarship scheme for two thousand doctorates in different fields at a cost of Rs22.21 billion. The meeting was chaired by Prime Minister Shahid Khaqan Abbasi. It approved 220 KV Mastung Substation along with 220 […]

CDWP approves 24 projects of Rs19.6b

ISLAMABAD – Central Development Working Party (CDWP) has Thursday approved 24 projects of worth Rs19.6 billion while 12 projects worth Rs781.39 billion, including the up-gradation of railway ML-I, were referred to Executive Committee of National Economic Council (Ecnec) for further proceeding. The CDWP meeting was held under the chairmanship of Planning Commission Deputy Chairman Sartaj Aziz […]

Cement industry set to be boosted by Diamir Bhasha Dam construction

The construction of this Dam would boost cement demand by approximately 5 million Tons Per Year in Pakistan. News Analysis | The building of the Diamer-Bhasha Dam in Pakistan is expected to booth cement demand by around 5 million Tons Per Year (tpy) over the next 4 to 5 years. The government of Pakistan recently […]