More sectors to be included in CPEC
To maximize the benefit of CPEC for the local industry it is being discussed to include more projects and sectors under China-Pakistan Economic Corridor (CPEC). Ideas for inclusion of new sectors were proposed during the first meeting of recently re-constituted CPEC Business Council. The meeting was held under the chairmanship of Abdul Razak Dawood, Advisor […]
Construction of Gwadar Shipyard
The Federal government and the provincial government of Balochistan have signed a Memorandum of Understanding (MoU) regarding the ownership and construction of Gwadar Shipyard. In this regard a addressing a Memorandum of Understanding (MoU) signing ceremony held at the Chief Minister Secretariat. Chief Minister Balochistan Mir Jam Kamal Khan, Provincial Ministers including Mir Muhammad Saleem […]
PCJCCI signs MoU with CAFTEC
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has inked a memorandum of understanding (MoU) with Chengdu Association for Foreign Trade and Economic Cooperation (CAFTEC) for the appeasing and overt mode of trade and development of both countries. This collaboration would lead to fruitful endeavors which include joint exhibitions, workshops, B2B (business to business) […]
Govt to facilitate construction of houses
Minister for Information and Broadcasting Shibli Faraz while talking to the media revealed that the govt has decided to act as facilitator to help in the construction of low cost houses instead to constructing the houses. Now the government will not construct houses under the Naya Pakistan Housing Scheme itself but will act as a […]
Regal Automobiles Industries Signs MoU with Askari Bank
M/s Regal Automobiles Industries limited, the company providing DFSK and Prince vehicles in Pakistan has signed a Memorandum of Understanding (MoU) with Askari bank in a bid to facilitate the buyers of these vehicles. As part of this MoU customers will be able to purchase PRINCE-DFSK vehicles through Askari Bank on discounted mark-up rate, 50 […]
NHA approved the construction of Hoshab-Awaran Section
With an estimate of Rs 18.6 billion against 14.57 for construction of Hoshab-Awaran section (146km) of M-8 project, National Highways Authority (NHA) Executive Board approved the grant of works. The official meeting was held in the presence of Capt. Sikander Qayyum (retired), Chairman, and NHA in the chair, where the approval was granted. The official […]
Cement industry growth limits to local demand
Although cement sector displayed growth of 16.28 percent in January 2021 in comparison to the last year, yet the growth remained limited to local cement consumption. Around 4.03 million tons of cement was despatched in January 2021. The Exports have been dropped by 14.09 percent from 808,874 tons in January 2020 to 694,934 tons in […]