Pakistan’s Gas Reforms Fuel $5 Billion Investment Wave
Pakistan’s energy landscape is poised for a transformative $5 billion investment surge over the next three years, driven by robust interest from local and international oil and gas exploration firms. The influx follows landmark reforms, including the revamped Petroleum Policy 2024 and the newly introduced Tight Gas Policy, which offer lucrative incentives and a streamlined […]
Punjab Halts six Rawalpindi Projects Amid Tax Shortfalls
The Punjab government has shelved six critical infrastructure projects in Rawalpindi, valued at over Rs 500 billion, for the 2024-25 fiscal year, citing severe financial strain and a staggering 40-60% shortfall in tax revenues. The deferred projects include the long-awaited Leh Expressway, Rawalpindi Ring Road, Chahan and Daducha Dams, a sewage treatment plant, and the […]
Pakistan Launches First Containerized Shipping Service to Gulf
In a historic move to strengthen maritime trade, the National Logistics Corporation (NLC) unveiled Pakistan’s first-ever containerized flagship shipping service connecting Karachi to key Gulf destinations, marking a milestone in the nation’s logistics sector. The initiative, launched at the Karachi Gateway Terminal Limited (KGTL), positions Pakistan as a competitive player in regional shipping and aligns […]
K-Electric Launches EPIC 2025 to Drive Energy Innovation in Pakistan
K-Electric (KE) has unveiled the Energy Progress & Innovation Challenge (EPIC) 2025, a landmark initiative aimed at revolutionizing Pakistan’s power sector through creativity, local expertise, and cutting-edge technology. Building on the success of its 2022 “7/11+ Innovation Challenge,” EPIC 2025 seeks to unite entrepreneurs, academia, researchers, and think tanks to tackle pressing energy challenges while […]