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Special Economic Zones to revolutionize industrial & economic growth of Pakistan

The construction of China-Pakistan Economic Corridor (CPEC) and special economic zones is a catalyst for Pakistan’s industrialization. CPEC is promoting the transfer of China’s manufacturing industry to Pakistan and pushing Pakistan’s development onto a fast track. So far, remarkable success has been achieved in the CPEC development. The construction of corridor projects is progressing well. In the...

Chief Minister visited Rawalpindi to inspect progress of Lai Expressway

Chief Minister Punjab visited Rawalpindi to inspect progress of Lai Expressway & Nullah Lai cleaning drive. وزیر اعلی پنجاب کا روالپنڈی میں مجوزہ " " کےعلاقےکا دورہ یہ پراجیکٹ کٹاریاں پل سے براستہ عمار چوک 16 کلو میٹر اور 4 انٹرچنیجز اور واٹر ٹریٹمنٹ پلانٹ پر مشتمل ہو گا جس...

CDA to hold balloting of alternative plots of Sector I-12 and I-14 in August

The Balloting Committee of the Capital Development Authority (CDA), Islamabad, will be holding a computerized balloting for allotment of alternative plots in lieu of plots which were deleted on account of revision of layout plan or double allotted in Sectors I-12 and I-14. Initially, the Computerized balloting was planned to be carried out on Monday, July 20, 2020 by NADRA. But, now it is decided...

Launch of Sheikhupura’s “Quaid-e-Azam Business Park” Economic Zone held

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...

Construction Package giving fruitful results as CDA received record earning in the auction

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...

BoI launches a web portal for investment in Housing & Construction sector

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...

Good news about Dadhocha Dam construction near DHA Valley

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...

Good news in Construction Sector as Cement sector sales up

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...

PM to inaugurate three mega projects in Islamabad

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...

RDA initiates one window operations for online and speedy process

One Window Operations Center would start receiving online applications from the people after three months. Chairman RDA laid the foundation stone of One-Window Operation Center (OWOC). The stone laying ceremony for construction of a state-of-the art One-Window Operation Center (OWOC) was held at the Rawalpindi Development Authority (RDA). Speaking on the occasion, Chairman RDA Tariq Murtaza said...