NTM-I project extension requested by Pakistan Government
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The Government of Pakistan has requested for extensions in the completion of National Transmission Modernization I project which is being financed by the World Bank. The project is worth a total cost of 425 million dollars and the requested extension is sought for further restructuring of the project. The project was previously restructured last year […]
Second LNG cargo from Azerbaijan Procured
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Pakistan has successfully secured a second liquefied Natural gas (LNG) cargo from the State Oil Company of Azerbaijan Republic (SOCAR) which was due according to the landmark purchase agreement signed between both the states in the middle of last year. The shipment has been received despite Qatar’s Prime Minister’s concerns regarding the affect of tensions […]
Impressive growth in Pakistan’s IT and ITeS Exports
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During the initial half of the fiscal year 2023-24 (July-December), the export remittances from the Information Technology (IT) and IT-enabled Services (ITeS) sector, encompassing computer services and call center services, witnessed a notable surge of approximately nine percent. The total reached $1.455 billion, marking an increase from $1.335 billion recorded during the corresponding period in […]