ADB to provide $235m loan for Karachi BRT

The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit (BRT) in Karachi. The Karachi Bus Rapid Transit Red Line Project will be 26.6-kilometer (km) Bus Rapid Transit Line Red Line corridor and associated facilities benefiting as many as 1.5 million people, about 10% of Karachi’s population, […]

To find oil and gas reserves Govt to auction 35 new exploration blocks

Special Assistant to the Prime Minister on Petroleum, Nadeem Baber has said that the government is determined to find offshore oil and gas reserves in Pakistan. He revealed that plans to auction 35 new exploration blocks, in the offshore Indus Delta, are in the pipelines to be executed with in the next few months. During […]