13 projects approved by Ecnec
A meeting of the Executive Committee of National Economic Council (Ecnec) has been chaired by Finance Minister Dr Abdul Hafeez Shaikh. The meeting has approved 13 projects of health, water and communication and other sectors with a capital cost of Rs322 billion. The announced projects would be sponsored and executed by the Department of Health, […]
Telecom sector granted Industry status
The incumbent government has announced to grant the status of industry to Telecom sector. This was announced by Federal Minister for Information Technology and Telecommunication Syed Amin-ul-Haque during a press conference. In addition to Industry status the telecom sector has also been granted various tax reliefs which will be applicable from the next fiscal year […]
Local auto part manufacturers urged govt to review EV policy
The local auto part manufacturers of Pakistan are urging the government to review the EV policy as it is, in their opinion, posed to do more harm than good. The EV policy is aimed at reducing the carbon footprint of country by introducing environment friendly vehicles but according to Pakistan’s economic survey, Pakistan electricity production […]
Uzbekistan offered access to Gwadar and Karachi ports
In a bid to enhance regional connectivity and trade Pakistan is viewing the possibility of providing Uzbekistan access to Karachi and Gwadar ports of Pakistan. During a meeting with Uzbekistan’s Foreign Minister Abdlaziz Kamilov , Prime minister Imran Khan said that Pakistan offers the shortest route to international seas to all Central Asian Republics including […]
GGL to manufacture long-life super capacitor batteries
Ghani Global Limited (GGL) has announced that it is stepping into the manufacturing of sophisticated technology for enhancing energy storage efficiency through production of in Pakistan. GGL has initiated a joint venture with M/s Kilowatt Labs Inc., New York, USA for the completion of this project. A project launch ceremony was also held in Islamabad. […]