German company interested in garbage recycling projects in Punjab

Innovative Techno Plus a German origin company has shown keen interest in initiating Garbage recycling projects in Punjab especially in Lahore. Chief Executive Officer of Techno Plus Carsten Wenske proposed this idea to Provincial Minister for Social Welfare Syed Yawar Abbas Bukhari during a meeting. Carsten said that the company would not only train locals […]

Construction activities increasing in the country

Pakistan has seen a considerable increase in construction activities after a tax incentive package was provided to the housing and construction sector. Prime Minister Imran Khan chaired a meeting of the National Coordination Committee on Housing, Construction and Development where he was informed about the increasing activities in the construction sector of Pakistan. During the […]

Land alloted to Century steel at Rashakai SEZ

The Special Economic Zone (SEZ) Committee has approved the allotment of land to Century Steel (Pvt) Ltd which is owned by M/s Fuzhou Julitaihe International Company, a Chinese conglomerate engaged in the manufacturing and sale of iron and steel products internationally. The enterprise has been allotted 40 acres of land at Rashakai SEZ. The project […]

Oil production falls

During the second quarter of 21, Pakistan’s oil production fell by six percent on year-on-year basis due to decline in production of Tal Block fields like Mardankhel and Makori by 27 percent and 31 percent, correspondingly. Oil production during the first half of fiscal year 21 fell at the same rate of six percent on […]

Addressing socio-economic effects under $1 billion grant by Chinese government

The 1st (smart meet-up) meeting of the Sub-Committee of the Parliamentary Committee on CPEC by the sub-parliamentary committee was held at Parliament House under the headship of Noor Alam Khan. The agenda of the meeting was to address the concerns of local people as the local ownership of the project is highly necessary. To inspect […]