FY 2018-19: WAPDA provides 31.425 billion units hydel power to National Grid

Despite low flows and less availability of water in the country, the Pakistan Water and Power Development Authority (WAPDA) contributed 31.425 billion units of low-cost hydel electricity to the National Grid during the fiscal year 2018-19. This quantum of electricity is 4.358 billion units more if compared with the hydel generation of the fiscal year […]

World Bank to support Tourism in KP

According to the statement from World Bank, the number of tourists to Khyber Pakhtunkhwa (KP) has rapidly increased in recent years. The federal and provincial governments have prioritised sustainable tourism as a driver of economic growth and job creation. The World Bank committed $70 million in concessional financing for the Khyber Pakhtunkhwa Integrated Tourism Development […]

World Bank to provide $652 million for development of Karachi

The International Bank for Reconstruction and Development has decided to fund three major projects in Karachi worth $652 million to strengthen institutions, municipal services and infrastructure in Karachi. The projects will focus on urban management, public transport, and safe water and sanitation to enhance Karachi’s liveability and competitiveness. “We are committed to support the transformation […]

IBM to initiate “Start-up with IBM” programme” at NUST

National University of Sciences & Technology (NUST) has signed an MoU with IBM Italia S.p.A. Pakistan for increased cooperation and support for start-ups. Under the MoU, IBM will initiate “Startup with IBM” programme at NUST for its start-ups. The programme entails start-ups to remain under IBM’s mentorship and support for 12 months, and avail the […]

NESPAK volunteers services for construction of ‘Mother and Child Hospital’

Punjab health minister Dr Yasmeen Rashid while chairing a meeting in lahore said that all the necessary preparations for the construction of a new state-of-the-art 400-bedded ‘Mother and Child Hospital’ has been completed and NESPAK have offered volunteer services for the construction of this hospital. She reviewed all issues regarding feasibility and other ancillary matters […]

Kia Lucky Motors starts production

KIA Lucky Motors Pakistan Ltd (KLM), a subsidiary of Lucky Cement Ltd, has successfully completed commissioning of the equipment and recently commenced CKD operation at its plant located at Bin Qasim Industrial Park (BQIP), Karachi. According to a notice sent to Pakistan Stock Exchange (PSX), the total project cost of the company amounts to Rs […]

“High Impact Skills Boot Camp”, Govt to train 10,000 IT professionals.

It has been pointed out in many reports that most universities have been unable to timely update curriculum or mobilize resources to cope up with rapid demand of certain critical new technologies like Cloud Computing, Data Sciences including Artificial Intelligence. In view of the current situation the Federal government has decided to initiate a project […]