Rs12bn Gadani Shipbreaking Yard Modernisation Project Gets Underway
The Ministry of Maritime Affairs has commenced work on the Rs12 billion modernisation of the Gadani Shipbreaking Yard to transform Pakistan’s shipbreaking industry into a safer and more environmentally responsible ship-recycling sector. Federal Minister for Maritime Affairs Mohammad Junaid Chaudhry, chairing a steering committee meeting to review progress, said construction was underway on key facilities […]
Govt Plans Major Reforms to Strengthen Pakistan’s Construction Sector
The federal government is considering a comprehensive reform package for Pakistan’s construction sector, including the establishment of a Construction Industry Development Board (CIDB), evaluation of a dedicated Construction Development Bank (CDB) and targeted tax and trade policy reforms. Federal Minister for Economic Affairs and Establishment Division Senator Ahad Khan Cheema chaired a meeting to review […]
LSM Sector Grows 4.98% During FY2025-26
Pakistan’s Large Scale Manufacturing (LSM) sector recorded growth of 4.98 percent during the 2025-26 fiscal year, driven primarily by strong performances in automobiles, garments, food, petroleum products and cotton-related manufacturing, according to provisional data released by the Pakistan Bureau of Statistics (PBS). The Quantum Index of Manufacturing (QIM) stood at 120.55 points on a cumulative […]
Pakistan’s Textile Exports Rise 5.55% to $3.38bn in Two Months
Pakistan’s textile exports increased 5.55 percent during July-August of the financial year 2026-27, reaching $3.379 billion compared with $3.202 billion during the corresponding period of 2025-26, according to data released by the Pakistan Bureau of Statistics (PBS). Major contributors to the increase included cotton yarn, exports of which rose 34.80 percent to $160.679 million, while […]
Govt Plans 150-Acre Automotive Processing Zone at Port Qasim
The Ministry of Maritime Affairs has unveiled plans to establish a 150-acre automotive processing zone at Port Qasim, with the facility to be expanded in phases according to market demand. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced the plan during a meeting attended by Port Qasim Authority (PQA) Chairman Rear Admiral Syed […]