Power sector suffered losses of over Rs 5 trillion during last 10 years: WB
According to a World Bank report which is only for official use the Power division of Pakistan has caused losses of Rs 5 trillion ($ 45 billion) to the national exchequer during the last ten years (FY 10-FY 19). Power sector incurs losses of about 2.2 per cent of GDP every year due to different […]
Pakistan and China to initiate JVs to increase exports and production
Special Adviser to the PM on Commerce and Investment Abdul Razak Dawood while talking to the media has said that China and Pakistan have agreed on some proposals for Joint Ventures (JVs) between Chinese and Pakistani companies to increase production and exports from Pakistan. He said that the (JVs) would be more beneficial for Pakistan […]
Govt to save Rs50 billion on Sukkur-Hyderabad Motorway project
Federal Minister for Planning, Development and Special Initiatives Asad Umar chaired a meeting to review various road infrastructure projects under the public-private partnership mode. During the meeting he was briefed that the government can potentially save Rs50 billion by constructing the Sukkur-Hyderabad Motorway under Public Private Partnership (PPP). The per-kilometer construction cost of the six-lane […]