Koç Holding is eager to extend investment with Pakistani company
The chief commercial officer of Arçelik, a subsidiary of Koç Holding in Turkey, Can Dincer said that the largest Turkish enterprise, Koç Holding, has expressed its commitment to further expand its investments and operations in Pakistan. He said that “Since 2016, we have gained a very strong foothold in one of the world’s most promising […]
PESCO will provide cheap electricity to industries
The provincial government of Khyber Pakhtunkhwa and Peshawar Electric Supply Company (PESCO) have agreed to provide 18MW cheap electricity of the Pehur Hydel Power Station on wheeling model to industries. Under this, the cheap electricity of the project would be provided to Gadoon Textile Mills, A J Textile Mills, Chip Board Industries, Cherat Cement and […]
PIEDMC offers to invest in four special economic zones
The Punjab Industrial Estates Development & Management Company (PIEDMC) has offered the local and foreign investors to set up their factories in four special economic zones (SEZs) in the Punjab province. PIEDMC chief executive officer Muhammad Javed Ilyas briefed the business community that these setups will work as tool to make investment in industrial infrastructure […]
NTDC is all set to provide uninterrupted supply to LESCO
To fulfil the increased demand of electricity during summer season, National Transmission and Dispatch Company Ltd (NTDC) is all set to overcome the system constraints on identified 500 and 220 kV grid stations across the country. A 250 MVA transformer has been added in 220 kV Ghazi Grid Station. This will end overloading of system […]
The First IT Expo “Digital Faisalabad” will held in April
The first IT Expo & Award 2020 entitled “Digital Faisalabad” will be held in April. According to Rana Sikandar-e-Azam Khan, President Faisalabad Chamber of Commerce & Industry (FCCI), this event will showcase the IT-related achievements of Faisalabad. Faisalabad has made extraordinary progress in different sectors of economy in addition to excelling in textiles. Faisalabad has115 […]
MoU on energy between Pakistan and Turkey
Pakistan and Turkey have signed a memorandum of understanding (MoU) on intensifying cooperation in the energy sector. Federal Minister for Energy Omar Ayub Khan and his Turkish Counterpart Fatih Donmez inked the MoU in the presence of Prime Minister Imran Khan and President Erdogan. In energy sector specifically in the area of hydrocarbons, in exploration […]