SECP registers 27746 new companies during FY 2022-23

“Start-up company” now part of Companies Act, 2017

Engineering Post Report Large number of 27746 new companies in different sectors were registered by the Securities and Exchange Commission (SECP) during last year 2022-23 raising the total number of registered companies to 196805 in the country. As a result of end to end   digitization of the company incorporation, as high as 99.8 percent of   companies were […]

IT services export worth $2605 million in last financial year

Engineering Post Report Pakistan earned US $ 2605.340 million by providing  different Information Technology (IT) services to various countries around  the globe during the financial year 2022-23. However, this is  little less by 0.53 percent as compared to US $ 2619.100 million  earned by rendering  IT services during the previous financial year 2021-22, according to figures now available. […]

Establishment of Excellence Hubs Renewable Energy field

Engineering Post Report Two Excellence Hubs in the field of Renewable Energy, each in Punjab and Khyber Pakhtunkhwa provinces, are planned to be established in educational institutions under the new initiatives being undertaken by the federal government during the financial year 2023-24. Two Excellence Hubs in the field of Renewable Energy are planned to be established in […]

Challenges faced in formulation of PSDP 2023-24

Engineering Post Report Ministry of Planning, Development and Special Initiatives/ Planning Commission faced a number of challenges in the formulation of the Public Sector Development Program (PSDP)  for the financial year 2023-24. According to the information now available from official sources, major challenges faced during the PSDP formulation included 1) Rs 240 billion  liability  rollover from 2021-22 […]

Railways retrieved 1007 acres of land from illegal occupants

Engineering Post Report Pakistan Railways have retrieved as many as 1007 acres of its land worth billions of rupees from illegal occupants and encroachers  during  its various anti-encroachment operations across the country. Of  the land so far retrieved,  around 491 acres of land was retrieved in Punjab, 339 acres in Sindh,145 acres in Khyber Pakhtunkhwa and […]

Three gas supply schemes to Special Economic Zones completed

Engineering Post Report Two public sector gas companies have completed provision of required gas supplies to three Special Economic Zones (SEZs). Sui Northern Gas Pipeline Limited (SNGPL) has completed the project  for supply of gas to Allama Iqbal Industrial City Special Economic Zone Faisalabad in Punjab province. Sui Southern Gas Company Limited (SSGCL)  has completed provision of […]

Unveiling Brilliance: AMCON Hosts Exclusive Product Launch of TCL’s Innovative Breakthroughs in Lahore

AMCON Group of Companies orchestrated an electrifying product promotion extravaganza at an upscale Lahore hotel, drawing an elite assembly of preeminent consultants, industry luminaries, and revered engineering virtuosos. Radiating sheer brilliance, the event artfully directed the spotlight towards TCL’s cutting-edge offerings, masterfully showcasing their dominance in the realm of light commercial air conditioning, revolutionary TMV6 […]

Nespak to work on energy project for NEOM city Saudi Arabia

National Engineering Services Pakistan (Nespak), the premier consultancy firm of the country has successfully acquired a project worth 46.5 million Saudi Riyals for the NEOM city project in Saudi Arabia. This marks a significant milestone for both the company and Pakistan’s engineering sector.The project focuses on the energy sector and has been awarded by the […]

Chinese company to manufacturer Electric Vehicles (EV) in Pakistan

Electric Vehicles

A Chinese electric vehicle (EV) manufacturer Xinjian Jingyi has unveiled its intentions to set up an EV manufacturing plant in Pakistan, alongside the establishment of showrooms in major cities across the nation.This significant announcement came to light during a meeting between a delegation from Xinjian Jingyi Cheng Group, led by Assistant Chairman GU Xongquan, and […]

Production Development Methods via Solar Energy

Engr. Dr. Muhammad Nawaz Iqbal Solar energy is used to power chemical reactions in solar chemical processes. These procedures can both transform solar energy into fuels that can be stored and transported and compensate for energy that would otherwise come from a fossil fuel source. Thermo-chemical and photochemical chemical reactions brought on by the sun. […]

Duties of Electrical Engineers for Industry Standards

By Engr. Sheikh Mohammad Ibraheem Author BiographySheikh Muhammad Ibraheem is a student of electrical engineering, an author, and a researcherfrom Pakistan. He is an active member of NSPE and IEEE world’s largest engineeringcommunities. His books are published across the globe and is currently studying in TheUniversity of Lahore, Department of Electrical Engineering. Electrical engineers play […]