ABAD organises ‘Pak-China Construction Conference’
KARACHI: Pak-China friendship is stronger than ever, and all the projects initiated under China-Pakistan Economic Corridor (CPEC) are to be completed on time, said...
PAC, PEC at loggerhead on issuance of illegal license to foreign firms
PAC two months back had asked PEC to provide information about the number of licenses issued to foreign firms for execution of construction projects
NTDC fined Rs10mn for delaying projects
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 10 million on M/s National Transmission and Despatch Company...
KCR, ML-1 projects of CPEC to hit the ground soon, says Planning secretary
Karachi Circular Railway (KCR) and up gradation of Pakistan’s Railway ML-I projects are the main focus in transport infrastructure sector to be implemented in the current phase of China Pakistan Economic Corridor (CPEC).
China’s construction giant inks MoU to build Gwadar’s first luxury golf community
ISLAMABAD: Empire Properties, the Pakistan registered trustees of leading International Developers CPIC, have signed a Memorandum of Understanding with China Civil Engineering...
Cement industry riding a profit boom but bracing for a softer quarter
Eid tends to slow down construction activity, but after a rough few years, the industry finally has some breathing room
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD: The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...
CPEC will continue fueling growth of Pakistan’s construction industry over next decade: Fitch Solutions
Improved transparency regarding CPEC projects will aid Pakistan’s efforts in the renegotiation of an IMF bailout, which if sanctioned could provide its struggling economy with much required economic relief, said Fitch Solutions
Business community urges govt to avoid excessive focus on construction sector
KARACHI: Business community and economic experts on Sunday appreciated Prime Minister Imran Khan's decision to develop the construction sector but warned that...
Schon Properties, owners of Multan Sultan get assets seized by Dubai Land Department
It is pertinent to mention that Schon Properties own Pakistan Super League’s (PSL) Multan Sultan cricket team.
State Minister stresses expediting LPG-Air Mix Plants in Balochistan
KARACHI: The Minister of State for Petroleum Division, Jam Kamal Khan has stressed the need to expedite work on LPG-Air Mix plants...
IMF urges FBR to scrap special tax regime for construction sector
Fund calls to end FBR’s discretionary powers, ,enhanced tax marmonisation, and establishment of Tax Policy Unit
2018 to be a bumper year for Pakistan’s cement sector: Report
International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry...
Cement despatches decline by 24.19% during March
ISLAMABAD: Cement despatches declined by 24.19% in March, 2023. Total cement shipments during March this year were 3.795 million tons against 5.006...
China to provide assistance for PIA, aviation industry
ISLAMABAD: Pakistan and China have mutually agreed on extending their bilateral relations and to work collectively for the betterment of Pakistan International...