projects

Many CPEC projects in doldrums as NHA faces financial crisis

Many CPEC projects in doldrums as NHA faces financial crisis

ISLAMABAD: A number of road projects related to the $52 billion China-Pakistan Economic Corridor (CPEC) are said to be in doldrums as the National Highway Authority (NHA) faces financial crisis. Sources told Dawn that contractors have stopped work on several CPEC projects after their cheques worth over Rs5 billion had bounced a couple of days ago. It […]

Karachi to see several mega projects this year

Karachi to see several mega projects this year

KARACHI: Amid the ongoing water crisis in the city, the news that the federal government would be establishing a desalination plant came as a relief.According to the newly announced budget, several new mega projects will be initiated in Karachi and assistance will be provided from the Centre for several of the provincial government’s pending projects.In his budget speech on Friday, […]

Pakistan, China revise ‘priority list’ of CPEC energy projects

Pakistan, China revise ‘priority list’ of CPEC energy projects

ISLAMABAD: Pakistan and China have signed a revised priority list of energy projects they plan to complete in the next two years under the multibillion-dollar corridor programme, making adjustments in light of progress made on these schemes during the last couple of years. The Energy Expert Group agreed to upgrade another 660-megawatt (MW) Hubco coal-fired power […]

Adviser Finance chairs meeting to review progress of projects financed by development partners

Adviser Finance chairs meeting to review progress of projects financed by development partners

By, Asghar Ali Mubarak Islamabad: 7 February 2018 Dr. Miftah Ismail, Adviser to Prime Minister on Finance, here on Wednesday chaired a meeting to review the progress of various projects being financed by international development partners. Senior officials of Economic Affairs Division briefed the Advisor on the portfolio of economic assistance relating to different multilateral and bilateral development […]

Prime Minister Abbasi says CPEC projects and motorways will bring progress and prosperity in the country as well as region

Prime Minister Abbasi says CPEC projects and motorways will bring progress and prosperity in the country as well as region

By: Asghar Ali Mubarak : January, 28, 2018 Islamabad; Prime Minister Shahid Khaqan Abbasi says CPEC projects and motorways will bring progress and prosperity in the country as well as region. He said this while addressing a ceremony after inaugurating North Bound Carriageway of Lyari Expressway in Karachi on Sunday. The Prime Minister said enhanced […]

NAB to probe alleged embezzlement of Rs 200m in FATAprojects

NAB to probe alleged embezzlement of Rs 200m in FATAprojects

Islamabad: Asghar Ali Mubarak The Khyber Pakhtunkhwa (KP) National Accountability Bureau (NAB) has initiated an inquiry into the charges of fraud and embezzlement of Rs 200 million from the funds allocated to polio vaccination projects in the Federally Administered Tribal Areas (FATA). KP NAB Director General Farooq Naseer Awan has decided to launch an investigation […]

PM Abbasi directs Railway Ministry for speedy completion of projects

PM Abbasi directs Railway Ministry for speedy completion of projects

Prime Minister Shahid Khaqam Abbasi has directed the railway minister for speedy completion of infrastructure projects and rail services, Radio Pakistan reported. PM Abbasi made these directions while chairing a meeting on Pakistan Railways affairs in Islamabad. He said the railway holds great importance for the country’s development as it changes the socio-economic scenario for the better. […]

CM approves IT city, Domicile/PRC, Livestock tagging projects

CM approves IT city, Domicile/PRC, Livestock tagging projects

CM approves IT city, Domicile/PRC, Livestock tagging projects   KARACHI: The Public Private Partnership (PPP) Policy board meeting held under the chairmanship of Sindh Chief Minister Syed Murad Ali Shah here at the CM House has approved IT City, Domicile and PRC Automation project and Livestock tagging projects under PPP mode. Secretary IT Raheem Shaikh […]

India fast-tracks hydro projects in occupied Kashmir

India fast-tracks hydro projects in occupied Kashmir

India fast-tracks hydro projects in occupied Kashmir By Agency A private vehicle crosses a bridge as excavators are used at the dam site of Kishanganga power project in Gurez, 160 km (99 miles) north of Srinagar June 21, 2012. PHOTO: REUTERS NEW DELHI: India has fast-tracked hydropower projects worth $15 billion in held Kashmir in recent months, […]