Science and Technology sector under CPEC framework
Report by Engineering Post The Science and Technology sector is fast becoming an essential component for the socio-economic development of any country. It is one of the key areas of cooperation between China and Pakistan under the great game changer China- Pakistan Economic Corridor (CPEC) framework. Cooperation in Science and Technology has been designed with […]
24 major public sector entities to be privatized in 5 years
Report by Engineering Post The Federal Government was all set to privatize 24 major power and financial entities in three phases in five years. In the first phase, national airlines PIA, Agricultural Development Bank of Pakistan (ADBP), First Women Bank, House building Finance Corporation, Pakistan Engineering Company (PECO), Islamabad Electric Supply Company (IESCO), Gujranwala Electric […]
Performance of the textile sector export
Report by Engineering Post The textile sector, a cornerstone of Pakistan’s export economy , faced challenges for quite some time amidst global and domestic shifts. Textile group exports experienced a slight decline by 0.3 percent , reaching US $ 12.4 billion, which was attributed to various factors , including the aftermath of the continuation of […]
Substantial investment planned in B2B technology companies to boost IT exports
Report by Engineering Post The country’s apex and only authorized Information Technology (IT) trade body, the Pakistan Software Houses Association and SAI Venture Capital one of Pakistan’s leading investment firms in advanced engineering, have signed a strategic agreement for accelerating the country’s technology exports. The partnership so initiated seeks to mobilize up to $ 100 million in […]
Promotion of Information, Communication & Technologies Sector
Report by Engineering Post The federal government was paying special attention for the development and promotion of the Information Communication & Technologies sector in order to keep pace with the rapid developments and innovations taking place around the globe and providing substantial funds for ICT sector related projects envisioning that there would be substantial rise […]
Role of Air Transportation Sector in the development of Pakistan’s Economy
Report by Engineering Post The public sector passenger and freight transport service via air route is delivered by Pakistan International Airlines Corporation Limited (PIACL). The national carrier, with a total fleet of 32 air planes, had earned an operating revenue of Rs 238503 million during calendar year 2023 as compared to the previous calendar year, […]
Pakistan’s Oil and Gas Production Declined in April 2025
Report by Engineering Post Pakistan relies heavily on oil imports and its production was not so encouraging and promising while consumption was rapidly increasing with the passing of every day. Country’s oil and gas production had declined in April 2025 with oil output dropping by 14 % on Year-on-Year (YoY) basis to an average of […]
Corporate sector maintains upward growth trajectory
Report by Engineering Post Pakistan’s Corporate sector continues to maintain an upward growth trajectory with the launching of a substantial number of new companies in different sectors every month. According to the latest information available in this regard, the Securities and Exchange Commission of Pakistan (SECP) registered as many as 2956 new companies during the month of April 2025. […]
Car sales rise 40% during first 10 months of 2024-25
Report by Engineering Post Sales of passenger cars in Pakistan surged as much as 40 per cent year-on-year to 111464 units during the first months of outgoing financial year 2024-25 as compared to 79596 units sold during the corresponding period of last financial year. According to the latest facts and figures available from the Pakistan […]