Infrastructure

Rs15.594mn approved for Bajaur District construction project

Rs15.594mn approved for Bajaur District construction project

January 21, 2020

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Mahmood Khan has approved a sum of Rs15.594 million for the construction, operation and maintenance of the Nahqi Tunnel in tribal Bajaur District. The CM said that the Nahqi Tunnel would not only benefit the residents of Bajaur, but will also be advantageous to the[...]
Balochistan govt approves development schemes worth Rs44.9bn

Balochistan govt approves development schemes worth Rs44.9bn

December 29, 2019

ISLAMABAD: Balochistan Finance Minister Zahoor Buledi announced that the provincial government has given its approval for various development schemes across the province for the provision of infrastructure and basic facilities to the dwellers of remote areas. The provincial finance department has reportedly authorised a sum of Rs44.9 billion for the[...]
Construction in focus in Upper Dir’s Rs900mn uplift package

Construction in focus in Upper Dir’s Rs900mn uplift package

December 19, 2019

UPPER DIR: Construction of buildings and infrastructure are a major part of the Rs900 million uplift package for Upper Dir district, announced Chief Minister Khyber Pakhtunkhwa Mahmood Khan in a public meeting. A sum of Rs500mn from the total of Rs900mn will be utilised for mega projects, among which the[...]
32km long Bahrain-Kalam road nears completion, says NHA

32km long Bahrain-Kalam road nears completion, says NHA

December 16, 2019

ISLAMABAD: Tourists and residents of Upper Swat may soon have cause to rejoice as the long-awaited reconstruction of the Bahrain-Kalam road, which was destroyed by heavy floods in 2010, enters its final stages. According to a National Highway Authority (NHA) official, construction work on the 32 kilometre long road had[...]
Establishment of Construction and Infrastructure Board approved by PM

Establishment of Construction and Infrastructure Board approved by PM

November 28, 2019

ISLAMABAD: Prime Minister Imran Khan on Wednesday approved the establishment of the Construction and Infrastructure Board which would play a vital role in addressing the issues currently faced by the stakeholders. The premier also directed secretary planning to form a construction development policy to aid all the stakeholders including contractors,[...]
$787m loan agreements signed between Pakistan and World Bank

$787m loan agreements signed between Pakistan and World Bank

November 27, 2019

ISLAMABAD: Pakistan and World Bank on Tuesday signed $787 million worth of loan agreements for enhancing civic services in the country’s largest city and financing a regional electricity transmission project. According to a statement issued by the Economic Affairs Division (EAD), Minister for Economic Affairs Muhammad Hammad Azhar oversaw the[...]
Rs8bn released by Govt for Karachi’s development

Rs8bn released by Govt for Karachi’s development

November 27, 2019

KARACHI: The government has approved the release of Rs8 billion to aid the completion of ongoing development projects in Karachi, as reported by the media on Tuesday. The released funds for Karachi would be utilised by the Sindh Infrastructure Development Company (SIDC) to aid ongoing infrastructure projects. As per the[...]
Plan for Ring Road to be finalised by March 2020

Plan for Ring Road to be finalised by March 2020

November 10, 2019

RAWALPINDI: Chairman Rawalpindi Development Authority (RDA) Tariq Mehmood Murtaza said on Thursday that the authority is working hard to meet the timeline of the Rs58 billion Ring Road project and expressed confidence that the plan for the project would be finalised by March 2020. Addressing the business community at the[...]
Development schemes worth Rs3,502mn approved by the PDWP

Development schemes worth Rs3,502mn approved by the PDWP

November 7, 2019

LAHORE: Punjab Provincial Development Working Party (PDWP) approved five development schemes worth Rs3,502.334 million. The approval was given in the 23rd meeting of PDWP of the current fiscal year 2019-20, presided over by the Chairman P&D Board Habibur Rehman Gilani. The meeting saw the approval of projects such as replacement[...]
CPEC to focus on economic growth in future projects

CPEC to focus on economic growth in future projects

November 6, 2019

ISLAMABAD: Pakistan and China, in the latest meeting regarding the China-Pakistan Economic Corridor (CPEC), have agreed to shift the mega project’s focus from infrastructure development – barring the $9 billion Mainline-1 projects – to work on economic progression in future projects. Decisions to expand the CPEC scope to copper, gold,[...]