ECNEC green lights $6.8 Bn ML-1 upgradation project

Executive Committee of the National Economic Council (ECNEC), under the chairmanship of Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh, has approved the project of upgradation of existing Mainline-1 (ML-1) and establishment of dry port near Havelian. This project would provide employment to more than 150,000 people. Under the $6.80 billion […]

500 Chinese engineers reached Pakistan for Thar Block-I project

Around 500 Chinese engineers and managers have arrived in Pakistan on a special chartered flight for Shanghai Electric’s Thar Coal Block-1 Project. Li Jigen, CEO of Sino Sindh Resources (Private) Limited, an overseas subsidiary of Shanghai Electric, said that the return of technical and managerial staff would pave the way for construction and production work […]

Cement sales increase by 38 percent in the country

The new fiscal year started with a sharp increase in the consumption of cement all across the country. According to the data released by the All Pakistan Cement Manufacturers Association (APCMA) the dispatch of cement jumped to 4.838 million tons in July 2020 as compared to 3.512 million tons from the same period last year […]