Build. Connect. Expand in Oman

The Sultanate of Oman is considered as one of the fastest-growing countries in terms of infrastructure development. Although impacted by the COVID-19 pandemic, it is gradually recovering, buoyed by the government’s 10th Five-Year Development Plan (FDP) under its strategic Oman 2040 Vision. Oman has become a sought-after destination for investment, lifted by its dynamic construction […]

Tube wells to be shifted to solar power, project confirmed

The Minister of National Food Security, Tariq Basheer Cheema, while giving a press conference, stated that special directions have been provided by the government to convert approximately 1.2 million agricultural tube wells to solar power. He said the project will help bring agriculture sector one step ahead towards progress and free electricity will be provided […]

Cement dispatches declining in the country

According to the monthly stats of cement industry, Total cement dispatches (domestic and exports) during the financial year ending June 30, 2022 (July 21-June 22), has been recorded at 52.89 million tons. This makes 7.91 percent lower than 57.43 million tons dispatched during the corresponding fiscal. However, the domestic uptake during July 21–June 22 reduced […]

Approval in pipeline for WB funded disaster management project

Govt. seeking WB support for technical needs of Discos

The government is in the process of gaining approvals from relevant authorities for the foreign-funded World Bank Project – “Hydro-Met and Climate Services Project worth $ 188 million”. In this regard the National Coordination Committee on Foreign Funded Projects (NCC-FFP) held a meeting which was chaired by the Federal Secretary for Economic Affairs, Mian Asad […]

Pakistan signs commitments to receive 11.362bn in the next 5-6 years

In the last three quarters of the fiscal year 2021-22 Pakistan has signed commitments worth $11.362 billion according to the report of Economic Affairs Division (EAD). According to the details of the report the government has signed agreements worth USD 2,484 million with foreign commercial banks, USD 2,440 million with multilateral development partners. USD 1,397 […]