JICA appreciated for upgrading of technical institutes

For the up-gradation of Government Technical Training Institutes (GTTI) in Faisalabad, Japan International Cooperation Agency (JICA) is extending full cooperation, said Engr Ahmed Hassan Vice President Faisalabad Chamber of Commerce and Industry (FCCI) while talking to a delegation of JICA that visited FCCI. The JICA delegation was consistent of Engr Noboru Kakisu Chief Advisor/training planning, […]

Japanese targeting more market share from Pakistan

Pakistan is on the top among 20 Asian countries for the Japanese investors and now the Japanese companies are planning to expand business in Pakistan, said by Japan External Trade Organizer (JETRO) Country Director Osamu Hisaki while addressing the closing ceremony of Japan Business Exhibition 2016. Contrary to the previous focus of Japanese investors on […]

Hub power to start 330MW plant in Thar

To start a coal power project of 330 megawatts in Thar, Private Infrastructure Board permitted Hub Power Company in the mid of December 2016. This project will start producing electricity by the end of 2018 as per the company released statement. According to experts, it seems that the government’s announcement of eradicating load shedding by […]

Germany to invest in NTDC projects

German Ambassador to Pakistan Ina Lepel, during her visit to 500 kV Grid Station Nokhar near Gujranwala, a project of National Transmission and Despatch Company Limited (NTDC), completed earlier with funding of German Bank has said that Germany has always considered Pakistan as its important ally in South Asia and would boost cooperation in energy […]

FPCCI for amnesty scheme for economic growth

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has recommended an amnesty scheme for acceleration in the economic growth through production and utilization of hidden liquid assets in the main stream of the economy. The objective of this scheme is to stop the flight of capital from Pakistan as it has become a […]

8 projects worth Rs154.5bn approved by ECNEC

8 projects of around Rs154.5 billion worth for health, energy, communication and education sectors approved in a meeting of the Executive Committee of the National Economic Council (ECNEC).  The ECNEC under the chair of Ishaq Dar approved “Renewable Energy Development Sector Investment Programme (REDSIP)” (2nd revised PC I) at an estimated cost of Rs15.794 billion […]

Quaid-e- Azam University

Physics center named after Dr Abdus Salam National Centre for Physics at Quaid-i-Azam University is approved by the Prime Minister to be renamed as “Professor Abdus Salam Center for Physics.”  Ministry of Professional and Technical Training has been directed to put up a formal summary for renaming of the Centre for approval of the President […]

Dasu Project land acquisition

Wapda and affectees to finalise the deal  Pakistan Water and Power Development Authority (Wapda) and the stakeholders reached a consensus including affectees of Dasu Hydropower Project relating to acquisition of land and infra-structure as well as social sector development in the project area, paving the way to smooth and speedy implementation of the project.  It […]

CPEC: New website launched

A ceremony was held in the federal capital to launch a website (www.cpec.pk) of China-Pakistan Economic Corridor (CPEC) in early December attended by Senator Mushahid Hussain Sayed, Chinese Ambassador Sun Weidong and others.  Addressing the ceremony, Sun Weidong said, “The CPEC is a long-term project and we should evaluate everything on the scientific lines for […]

Chinese companies to provide Smart Grid Technology

To address massive power distribution and transmission losses, Chinese firms are keen to provide Pakistan with Smart Grid Technology (SGT). Zou Shinjie, representative of Anhui Tianying Group while speaking in a session titled ‘Energy-Smart Gird and Remapping the T&D System of Pakistan’ organised by Sustainable Development Policy Institute’s (SPDI) disclosed this interest. Shinjie said that […]

Cement industry reached ‘100pc capacity utilization’ in Nov 16

The cement industry has achieved its highest ever capacity utilization of 98.61 percent by dispatching 3.749 million tons of cement in November 2016 against 3.377 million tons in the same month of last year.  The domestic consumption of cement in November 2016 was 3.270 million tons as compared to 2.843 million tons of same month […]

Underground saline water project for Thar

To overcome the drought phenomenon in Tharparkar, pilot project that will utilize underground saline water extracted from mining operations in Thar Block-II for bio-saline agriculture.  Professor Dr. Ajmal Khan of National Institute of Sustainable Halophyte Utilization (ISHU), University of Karachi announces this during an international synergy seminar on sustainable utilization of saline resources.  Vice Chancellor […]