Preparations are being made for test trial of Karachi Circular Railway (KCR) project, as six-month deadline set by the Supreme Court for making this project functional, is approaching next month. Karachi Commissioner Mr. Iftikhar Ali Shallwani held a meeting regarding the revival of the Karachi Circular Railways (KCR). Commissioner Karachi Iftikhar Shalwani inspected the track laying process started...
A soft launch ceremony of Quaid-e-Azam Business Park, another CPEC's Special Economic Zone (SEZ) located in Sheikhupura. held in Lahore today, by PM of Pakistan. The launch of Quaid-e-Azam Business Park was due on the 28th March, 2020, only a few weeks after the Prime Minister inaugurated another special economic zone (SEZ) near Faisalabad (Jan, 2020). This SEZ, Allama Iqbal Industrial City, was...
Capital Development Authority (CDA) Islamabad has attracted the highest investment in its history. CDA was able to gather an investment of Rs 17 billion in 3 days. CDA had selected 24 plots for this auction of Blue Area plots. Bids worth Rs17.04 billion approved at the end of 3 day auction equal to 2 years earnings of CDA. The largest plot sold was 7000 yards (1.75 acres). Highest ever bid...
The Board of Investment (BOI) launched a real estate portal for investors in line with Prime Minister's special interest in Ease of Doing Business in all sectors in Pakistan. The Board of Investment (BOI) has launched a portal for 'investment opportunities in Housing sector in on its website http://invest.gov.pk, with the objectives of facilitating foreign companies to invest in the low-cost housing...
Bids invited for construction of Dadhocha Dam located near DHA Valley. In order to resolve water issue in the coming years, the Punjab government has given approval of construction of Dadhocha dam. The Punjab government has invited bids from qualified firms for the construction of the long-awaited Dadhocha Dam. Chairman Water and Sanitation Agency (Wasa) Tariq Mahmood Murtaza along with Director...
Cement sector sales up 30pc in June 2020 in Pakistan Domestic uptake increases 19.6pc to 3.83m tonnes in June 2020, while exports surge 123pc to 0.78m tonnes Overall cement consumption in FY20 inched up 2pc to 47.81m tonnes, mainly on the back of 19.8pc growth in exports Pakistan’s cement industry during the FY19-20 (July 2019-June 2020) recorded a rise of two per cent to 47.81Mt in total cement...
Punjab Govt launches one-window operation through e-governance for issuance of NOC & other licenses for the construction sector. To fulfill Prime Minister Imran Khan's vision of a digital Pakistan and ease of employment, the Punjab government has introduced a one-window operation based on e-governance to facilitate obtaining NOCs and licenses from the construction sector. Now you don't need...
PM to inaugurate three mega projects which will ease traffic congestion in the Islamabad Capital Territory (ICT). Prime Minster will do ground breaking of mega projects of Islamabad/Rawalpindi including Korang Bridge PWD Underpass Rawal Dam Interchange. PM Imran has directed Capital Development Authority (CDA) for early completion of Rawal Dam Interchange, Korang Bridge and PWD Underpass...
The federal government allocated an amount of Rs1,500 million, for operationalisation of train on existing Karachi Circular Railway (KCR) alignment in the budget for the fiscal year 2020-21. The Sindh government has allocated Rs3bn for the construction of underpasses and overhead bridges over railway crossings along the KCR route. According to the budget document, the Sindh government has allocated...
The Supreme Court on Monday reserved its judgment in the Bahria Town implementation case. Supreme Court sought a new report from the Survey of Pakistan on the demarcation of Bahria Town Karachi while taking notice of the occupation of more land than the allotted one. Attorney General, instead of asking money for the federal government, requested to spend it through a judicial committee and said a...
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