Progress made in Energy Sector of Pakistan

Report by Engineering Post Energy is inarguably one of the most important inputs for economic growth that can sustain  industrial and commercial  activities. The energy sector has progressed since 2013 in terms of power  generation  and reducing  power outages. The initiation of China-Pakistan Economic Corridor (CPEC)  power projects  has addressed  historical gaps  in electricity production and improved  the reliability of the […]

Performance of Industrial sector of Pakistan

Report by Engineering Post According to the National Accounts Committee of Pakistan Bureau of Statistics (PBS), the industrial sector grew by 1.21 percent during the financial year 2023-24, falling short of the 3.4 percent target. The manufacturing sector grew by 2.42 percent against a 4.3 percent target, Large Scale Manufacturing (LSM) by only 0.07 percent against a 3.2 percent […]

Science & Technological Research Division launching only one new scheme

Report by Engineering Post The Science & Technological  Research Division of the Federal Government is launching only one new scheme during the current financial  year 2024-25. Quite interestingly, development scheme ” Establishment of a Research in Surface  Engineering , National University of Science and Technology (NUST), Islamabad was approved by the Departmental  Development Working Party (DDWP)  […]

Performance of Pakistan Software Export Bureau

Report by Engineering Post Pakistan  Software Export Bureau (PSEB) was managing 43 Software Technology Parks (STPs) across the country in Karachi, Lahore, Islamabad, Rawalpindi, Faisalabad,  Sialkot, Gujranwala,  Gujrat, Multan, Bahawalpur, Rahim Yar han, Abbottabad, Swat,  Mansehra, Peshawar, Quetta,  Nawabshah,  Khuzdar, Jamshoro and Gilgit.   These STPs  have  around  02 million  square feet of office space, and more […]

Pakistan’s Information Technology Sector Initiatives

Report by Engineering Post The Federal Ministry of Information Technology & Telecommunication has been and continues to work on the vision of Digital Pakistan through multiple cross-sectoral digital transformation initiatives to enable the digital landscape. Briefly speaking, following policy measures have been taken by the Ministry among others so far. Computer Emergency Response Teams   Rules  to safeguard the national  cyber security ecosystem;  Artificial Intelligence […]

Pakistan’s Multi-Mission Communication Satellite System

Report by Engineering Post  The Pakistan’s Multi-Mission Communication Satellite System (Pak-Sat MM-1) is aimed to increase private investment in the Information Communication Technologies (ICT) sector with encouragement to local manufacturing/service delivery, promotion of infrastructure development for increased  teledensity and the spread of telecommunication services  in all  market segments ( voice, data, cellular , broadcast including  direct-to-home (DTH). According […]

2617 more new companies registered in SECP in September 2024 

Report by Engineering Post Another 2617 new companies in different sectors  were registered by  the Securities and Exchange Commission of Pakistan (SECP)  during September 2024. The total number of registered companies in the country  has now increased to 231111. About 55 percent of new companies during the month under report  were incorporated as  private limited […]

CPEC and Pakistan

Report by Engineering Post The China-Pakistan Economic Corridor  (CPEC) ,a pivotal element of China’s  Belt & Road Initiative (BRI) introduced by President  Xi Jinping, is an economic  initiative aiming to  bolster regional connectivity, trade, and  development  cooperation.  Envisioned  in three phases spanning 2015 to 2030, CPEC  has made  significant strides in its initial  phase (2015-2020), […]

Research & Development as a Pivotal Role of Progress

Report by Engineering Post In today’s dynamic global economy, research and development (R&D) serves as a pivotal driver of progress, nurturing the birth of innovative products, state-of-the-art technologies and revolutionary methods to enhance market share and profit margins. A worrisome trend has surfaced in Pakistan’s business realm — a hesitancy to allocate resources for research […]

Role of engineering in a stable economy

Report by Engineering Post The Federal Government was focusing on maintaining a stable economy by prioritizing exports from the country and inflow of investment in different sectors from foreign countries in one or the other form. According to the information available, through continued policy and persistently pursuing reform implementation, growth was anticipated to reach its […]