Companies reluctant to engage in second phase of CPEC

As the first Phase of China Pakistan Economic Corridor (CPEC) comes to a completion and a more comprehensive second phase is underway the new investing companies are not showing much enthusiasm in it. This is mainly due to Pakistan not being able to honour the terms and conditions set with the previous companies especially in […]

Removal of restrictions on constructing high- rise buildings

Authorized ministerial committee expected to form recommendations to remove restrictions on construction of high-rise buildings in Pakistan. The restrictions were according to international standards.Despite the Cabinet’s decision to dispense with the requirement of NOC from CAA and PAF, the practice was still in vogue, said the Prime minister in a cabinet meeting held on 20 […]