Major Chinese conglomerates keen on investing in Pakistan
During the recent visit of Prime Minister and other federal ministers to China, there have been major developments regarding attracting Chinese investments in the Pakistani market. Federal Minister for Investment Board, Communications and Privatisation Abdul Aleem has held very significant meetings with business giants of China to attract investments in different sectors in Pakistan. The […]
Pakistan to encourage Chinese companies for Oil and Gas Mining in Pakistan
Prime Minister Shehbaz Sharif recently visited China with many federal ministers to discuss trade and bilateral relations with the Chinese counterpart and to upgrade cooperation under the multi-billion dollar China-Pakistan Economic Corridor (CPEC), which is a key part of Beijing’s Belt and Road Initiative. During the meetings it was discussed that both the countries will […]
Pakistan signs $25m loan agreement with Kuwait for Mohmand Dam
Pakistan has signed a significant agreement with Kuwait for the construction of Mohmand Dam. This was signed during a recent high level delegation visit to Kuwait headed by Abdul Aleem Khan, Minister for Privatisation. Kuwait has agreed to loan $25m to Pakistan for Mohmand dam with assurances of support from the Kuwait Fund for engaging […]
OGDCL starts production from Chanda-7 at Kohat
The Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production enterprise, has announced the commencement of production from the Chanda-7 well in Kohat, Khyber-Pakhtunkhwa, along with the successful reactivation of the Kunnar-8 well in Hyderabad, Sindh, to increase oil and gas output. The Chanda-7 well, a new development project, has been successfully […]