Economic activity worth Rs1.77Trn to be generated in construction industry
The construction industry has seen a massive increase in activity since the “Construction amnesty” scheme offered by the government. Prime Minister Imran Khan while presiding over the weekly meeting of National Coordination Committee for Housing, Construction and Development, was briefed about the recent boom in construction industry in the country and the resulting economic activities […]
NAB approves Govt-IPPs deal
After much deliberation during the meeting with Government’s Negotiation Committee, the National Accountability Bureau (NAB) has approved the deals signed between Independent Power Producers (IPPs) and Government of Pakistan (GoP). A press release has also been released by NAB which states that the Government Negotiation Team has briefed the Chairman NAB, former Justice Javed Iqbal, […]
Wapda concerned against Tariff Swapping for DBD
Water and Power Development Authority (Wapda) has strongly opposed the exchange of Neelum Jhelum Surcharge (NJS) of 10 Paisa per unit for development of Diamer Basha Dam (DBD). AS the Neelum Jhelum Hydropower Project is a stand-alone project with a separate legal and corporate status in comparison with the Diamer Basha Dam, the tariff procedure […]
Czech Companies showing interest in LNG Sector of Pakistan
Interesting news about the attention of Czech oil and gas companies in LNG business in Pakistan has been shared with the Federal Minister for Energy Omar Ayub Khan. In the recent meeting of Minister for Energy Omar Ayub Khan with Tomas Smetanka, Ambassador of Republic of Czech in Pakistan, the minister made a comprehensive discussion […]
Import/Export facing delays at Ports
Karachi Customs Agents Association (KCAA) has re-reported about the unnecessary delays along with shortage of staff in the clearance of import and export batches as the headache of traders. The import and export batches at the Model Customs Collector at Appraisement and Facilitation of East, West, AFU Port Qasim and Exports are facing unnecessary delays […]