6 foreign firms pre-qualify for Hyderabad-Sukkur Motorway
For Hyderabad-Sukkur Motorway project at an estimated cost of Rs163 billion, Six international firms have pre-qualified. The government is undertaking this project on build-operate-transfer (BOT) basis. The National Highways Authority (NHA) had sought expression of interest (EoI) from the local and international investors/firms for Hyderabad-Sukkur Motorway, while expecting up to 60 per cent investment of […]
Solar Solutions for BHUs in Punjab
The Punjab government has decided to install ‘Solar Energy System’ in Basic Health Units (BHUs) across the province of Punjab with a sum of Rs 1304.351 million. Punjab Health Department will be responsible for overall operation and maintenance after the contract period, while Energy Department will provide requisite technical support, to ensure smooth functioning of […]
5 more cities to have Safe City Project
Punjab government is going to replicate safe city project in five more cities of the province i.e., Rawalpindi, Faisalabad, Multan, Gujranwala and Bahawalpur after its launch in Lahore. The Punjab Provincial Development Working Party (PPDWP) has approved the development scheme titled “Punjab Police Integrated Command Control & Communication (PPIC3)” with the cost of Rs 39,852.71 […]
Rs300bn saved through reform initiative: NHA
Chairman National Highway Authority (NHA) Shahid Ashraf Tarar claimed that public money to the amount of Rs 300 billion has been saved through a comprehensive reform initiative taken to prevent malpractice in public procurement. “The NHA, being the premier public sector organization in the field of road construction, has launched a comprehensive reform initiative to […]
Peshawar to have 10-storey public sector parking plaza
City District Government Peshawar has decided the construction of 10-storey parking plaza in Namak Mandi. The PC-I and PC-II of the project has already been prepared and work on the project will be initiated in March 2017. The decision was taken in a meeting held with District Nazim, Mohammad Asim Khan in the chair beside, […]
7 hydropower projects by PEDO
Pakhtunkhwa Energy Development Organization (PEDO) would launch seven hydropower projects of 668 Megawatt capacities with active participation of private sector during the current year. The projects would not only add 2 billion dollars investment in province but, also provide employment opportunities. These decisions were taken during a meeting of the Board of Directors (BoD) of […]
Pakistan wants LNG terminal, pipeline as early harvest projects
Pakistan has intimated its decision to China that LNG terminal and pipeline projects should be made part of the China-Pakistan Economic Corridor (CPEC). According to details, the Pakistani side wants to include the Gwadar LNG terminal and Gwadar-Nawabshah pipeline projects in the CPEC Early Harvest Program. It was requested during the 4th and 5th Joint […]
Lahore’s Orange Line project receive sizeable tax concession
The Economic Coordination Committee (ECC) of the Cabinet has granted withholding tax exemption to Chinese Contractor CR-Norinco JV and allowed duty and taxes free import of equipment/apparatus for the Lahore Orange Line Metro Train Project. During the meeting of the ECC, chaired by Finance Minister Ishaq Dar, a proposal was put up by Ministry of […]
Chinese company receives contract from OGDCL
For its Uch-II Development project, Oil and Gas Development Company Limited (OGDCL) has awarded a contract to BSS Petrochemical Equipment Company China through local partner Gas Tech International for designing, manufacturing, supplying and commissioning of Hot Oil Package. The cost of the project is around $12 million. The production package comprises of four units of […]
Chairman NHA demands Rs125bn for road projects under CPEC
National Highways Authority (NHA) is set to demand over Rs125 billion for the ongoing road projects under China-Pakistan Economic Corridor (CPEC); however, it would not consider any new project in the next financial year (2017-18). The NHA would require over Rs800 billion in next financial year (2017-18) to complete ongoing projects on priority basis and […]
ML-1 project’s up-gradation: Beijing will provide loan
A strategically important project of China-Pakistan Economic Corridor (CPEC), main line (ML-1), has successfully got the attraction of the Beijing which agreed to provide long-term loan on most favorable terms for its up-gradation from Karachi to Peshawar. “Pakistan Railways (PR) requires up to $30 billion in the next 12 years with sustainability of good policies […]
China refused to add ML-2 to CPEC
Federal Minister for Railways Khawaja Saad Rafique has informed that China is not ready to add Pakistan Railways’ Main Line (ML-2), a strategic route passing through major power plants, to China-Pakistan Economic Corridor (CPEC) due to a low business case. China has increased the finances for Pakistan Railways from an initial $3.7 billion to around […]