Construction industry CAP urges implementation of FIDIC contract agreement
Constructors Association of Pakistan (CAP) Punjab Chapter’s Vice Chairman Chaudhry Sabir Hussain has urged the provincial government to ensure implementation of FIDIC (International Federation of Engineers) Contract Agreement and increase input rates of the finance department for construction in accordance with the market rates. “Submission of performance guarantee is also another obstacle in the way […]
Academia-industry linkages vital for economy
Academia-industry linkages have become vital for educational and economic uplift. These linkages ensure industrial growth and technologic advancement but regretfully Pakistan is lagging behind in ensuring smooth and fruitful linkages between these sectors. This was said by Chairman Pakistan Science Foundation Dr Muhammad Ashraf while expressing his views at the concluding session of 2nd Invention […]
Fate of $250m commitments at risk: ABAD
Following the ban on high rise buildings and skyscrapers, commitment of US$250 million made during ABAD expo 2017 were now at risk, said by Arif Jeewa, chairman, Association of Builders and Developers of Pakistan. He said that investors now appear reticent in pouring investments worth Rs900 billion in the city that led to jobs cut […]
ABAD for Equal opportunity in CPEC
Government should provide equal opportunities to Pakistani investors especially in construction sector in China-Pakistan Economic Corridor (CPEC), demanded by Association of Builders and Developers (ABAD). A comprehensive policy should be announced to ensure equal opportunities for local investors especially in construction sector, said chairman ABAD, Arif Jeewa. He said that there was no doubt that […]
Gwadar Port Work continued on 16 free zone units
Gwadar Port Free Zone Business Centre is working to have 16 units including five industrial, three trade and eight others relating to services including insurance and banking, both by Chinese and Pakistani companies. Chairman Gwadar Port Authority (GPA) Dostain Khan Jamaldini while talking to media persons in gawadar said that the Gwadar Port Authority (GPA) […]