Engineering Sector shows Mixed Growth in Pakistan’s Manufacturing Industry
The Large Scale Manufacturing (LSM) sector in Pakistan recorded a decline of -0.76% during the first quarter of FY 2024-25 (July-September), compared to the same period last year, as reported by the Pakistan Bureau of Statistics (PBS). However, on a month-to-month basis, LSM output grew by 0.46% in September 2024 compared to August 2024. The […]
Khyber Pakhtunkhwa launches Rs. 55 Billion Solarization Drive to End Load Shedding
The Khyber Pakhtunkhwa Government has embarked on a substantial initiative, committing Rs. 55 billion to solarize all public buildings and equip low-income households with solar units. This effort is aimed at resolving the province’s electricity crisis and achieving a state free from load shedding. At a ceremony in the Chief Minister’s House, Memorandums of Understanding […]
CDWP Approves projects worth Rs58.8 Billion for Energy Sector Overhaul
The Central Development Working Party (CDWP), led by Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal, approved three significant energy sector projects with a total cost of Rs58.857 billion. The projects, aimed at modernizing Pakistan’s power distribution system and improving efficiency, were recommended to the Executive Committee of the National Economic Council (ECNEC) […]
Pakistan’s Textile Exports growing steadily
Textiles remain a cornerstone of Pakistan’s economy, consistently serving as one of the primary sources of foreign exchange. Recent data from the Pakistan Bureau of Statistics (PBS) reveals a promising trajectory for the sector, with textile group exports experiencing a 10.44% increase in the first four months (July-October) of fiscal year 2024-25, reaching $6.146 billion […]
CM Sindh approves new projects for the province
The 17 story NED Science and Technology Park has been approved along with some other major projects during the 46th meeting of the PPP Policy Board chaired by Sindh Chief Minister Murad Ali Shah. The other projects include installation of West Karachi Water Recycling Project-I to supply water to industrial estates, desalination plant to provide […]
Sindh Announces discovery of gas and condensate at the Pateji-X1 exploration
Sindh’s Minister for Planning, Development, and Energy, Syed Nasir Hussain Shah, has announced a significant gas and condensate discovery at the Pateji-X1 exploration well, located in the Shah Bandar Block, District Sujawal. The well is producing approximately 11.7 million standard cubic feet per day (MMSCFD) of gas and 198 barrels per day (BPD) of condensate. […]
KP to install its own power transmission line
An agreement has been signed between the government of Khyber Pakhtunkhwa and a private sector company for the establishment of the province’s own transmission line. This makes KP the first province of Pakistan to be able to establish it’s own power transmission line separately. In this regard, a formal meeting was held earlier at the […]
Comprehensive Development of Petaro–Sehwan and other Road Sections
In a recent meeting of the Central Development Working Party (CDWP), a significant project in the Transport & Communication sector was highlighted for its potential impact on Pakistan’s infrastructure. The meeting was chaired by Minister PDSI & Deputy Chairman Planning Commission Ahsan Iqbal. Titled the “CAREC Corridor Development Investment Program Tranche-I Project,” this ambitious initiative […]
100MW power supply announced for Gilgit by PM
During a special meeting of the Gilgit Baltistan, Prime Minister Shehbaz Shareef announced that an additional power supply of 100 megawatts will be delivered to the Gilgit Baltistan sector. Additionally, an endowment fund of Rs1 billion was also announced for the university students. During the meeting, PM Shehbaz Shareef expressed satisfaction and pleasure towards the […]