Rs 81 Billion M-12 Motorway to Save Rs 11 Billion Long-Term: NHA
In a pivotal move to transform Pakistan’s infrastructure landscape, the Executive Committee of the Special Investment Facilitation Council (SIFC) has mandated the construction of the M-12 (Sialkot-Kharian) and M-13 (Kharian-Rawalpindi) motorways as six-lane highways from inception, overriding earlier plans for phased expansion. The decision aims to curb long-term costs and delays exacerbated by inflation, design […]
CDWP Greenlights Rs1.74 Trillion Dasu Hydro Project
The Central Development Working Party (CDWP) approved 10 major development projects worth Rs1.96 trillion during a high-level meeting chaired by Federal Minister for Planning Ahsan Iqbal. While four projects totaling Rs14.312 billion received immediate clearance, six larger initiatives valued at Rs1.82 trillion were forwarded to the Executive Committee of the National Economic Council (ECNEC) for […]
33 road projects worth $9996.20 million completed
Pakistan’s Senate Standing Committee on Economic Affairs sounded alarms over delays and opacity plaguing critical road infrastructure projects worth nearly $11.5 billion, despite 33 national highways and motorway ventures being completed with $9,996.20 million in foreign funding. Chaired by Senator Saifullah Abro, the panel grilled officials for repeatedly failing to provide project details, stressing urgent […]
Sir Syed University holds Seminar on ‘Ai emerging technology and youth empowerment’
A seminar on the topic of ‘Ai emerging technology and youth empowerment’ was held by the department of Computer Science & Information Technology of Sir Syed University of Engineering & Technology (SSUET). The event was blessed by the presence of the head of the Prime Minister Youth Programme, Rana Mashhood Ahmed Khan, as Chief Guest. […]
PBS Data Reveals 1.9% Overall Contraction, With Furniture, Machinery, and Food Industries in Freefall
Pakistan’s large-scale manufacturing sector has sunk deeper into negative territory, recording a worrying 1.9% year-on-year decline during the first eight months of FY 2024-25, according to provisional data released by the Pakistan Bureau of Statistics (PBS). The slump highlights stark contrasts between a handful of thriving industries and a broader collapse in critical sectors, raising […]
China leading the global renewable energy wave
The world shattered renewable energy records in 2023, with China spearheading an unprecedented expansion of solar, wind, and other clean power sources, according to a groundbreaking report by the International Renewable Energy Agency (IRENA). The study reveals that global renewable capacity soared by 15.1% last year, nearing 4.5 terawatts (TW) a milestone fueled by Asia’s […]
Textile exports increase sharply, PBS releases data
Pakistan Bureau of Statistics (PBS) released data for the overall exports and imports of the country for the current fiscal year. According to the data released, the textile industry of Pakistan has been seen to observe a major increment in the exports as it increased by 9.38 percent during July–March 2024–25 of the current fiscal […]