Upgradation of ML-I China asked for funds
Islamabad: Federal Minister for Railway Sheikh Rasheed Ahmed held a meeting with Xhiang Zhinim, Director General (DG) China Railway Group Ltd (CREC), at Ministry of Railways In the second week of September. He sought China’s help in the Upgradation of Main Line 1 (ML-I) project which is estimated at $8.2 Billion.The Railway minister also stressed […]
Hassan Bakshi elected ABAD’s chief
Karachi: Muhammad Hassan Bakshi has been unanimously elected as chairman Association of Builders and Developers of Pakistan (ABAD) for the term of 2018-2019. The election was held at ABAD house Karachi and Lahore simultaneously during the Annual General meeting. All the members of Central Executive Committee and Regional Executive Committee were elected unopposed. Anwar Dawood, […]
CAP Elects New Chief
Lahore: At the 21st Annual General Meeting of the Constructors Association of Pakistan it was announced that Chaudhary Muhammad Habib Kanwal has been elected as Chairman of the Constructors Association of Pakistan (CAP) while Engr Muhammad Hamayun Khan as Senior Vice Chairman for the year 2018-19. Members of the Association also elected Zahidul Hassan Qureshi […]
Rail Project down from $8.2 Billion to $6.2 Billion
Lahore: Railways Minister Sheikh Rasheed while addressing a news conference in Lahore said that the Government has decided to cut the cost of the Railway line up gradation project by $2 billion because “Pakistan is a poor country that cannot afford huge burden of the loans,” The project was initially priced at $8.2 Billion but […]
CASA to enable trade of 1300MW Energy
Islamabad: The World bank has stated on its website that Commercial operation of CASA-1000 (Central Asia-South Asia Regional Electricity and Trade Project) is expected to start by the summer of 2021. Construction is scheduled to start in early 2019. CASA-1000 is part of a broader effort to develop a cross boarder energy market to establish […]