CPIC Global signs deal for two mega residential, commercial projects in Gwadar
'The dream of a Gwadar becoming a key economic hub of Asia is not far away now'
ISLAMABAD: CPIC Global on Wednesday signed...
No relief in federal budget for construction sector, says ABAD
ABAD chairman said that the government has presented a purely political and election budget, which will force the upcoming government to announce supplementary budget just after four months.
Rules being finalised for public-private partnership in five-million housing project
ISLAMABAD: The Ministry of Housing and Works is finalising rules for public-private partnership in the Naya Pakistan Housing Project which would be...
Pakistan to emerge as a regional hub in tile manufacturing, Italian expert
“With various international certifications and production of world-class ceramic products, Pakistan is geared to become the regional hub in tile manufacturing,” said Paolo Malavasi, representative of Centro Ceramico - Italy
Workers protest after Master Tiles fails to pay four months wages on eve of Eid
Factory management tried to placate the protestors with Rs 10,000 per worker and the promise of releasing the payment after Eid despite earlier promises
PM directs banks to simplify application process for housing loans
ISLAMABAD: Prime Minister Imran Khan on Thursday instructed commercial banks to simplify the application process for house building loans in order to...
ADB to provide $140mn for KP roads improvement project
ISLAMABAD: Economic Affairs Division and Asian Development Bank (ADB) here on Wednesday signed a loan agreement for the provision of $140 million...
Construction work on Diamer Basha, Mohmand Dams to start in fiscal year 2018-19
WAPDA chairman briefed PM about the issues of water and hydropower sectors in the country. The prime minister was also apprised of WAPDA projects, particularly Diamer Basha and Mohmand Dams.
Hubco, FWO Enjazat sign MoU for cooperation in energy, water, mining sectors
HUBCO has signed a MoU with FWO Enjazat L.L.C to explore collaboration on various business opportunities in energy, water and mining sectors.
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
FBR suspends notices issued to builders, developers
KARACHI: Federal Board of Revenue (FBR) Director General Broadening of Tax Base (BTB) Tanveer Malik, on the request of Association of Builders and...
As the LHC strikes down tax on property, ‘plot’ business may see resurgence
New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt
AirSial ready for takeoff, gets go-ahead from PM Imran
Prime Minister Imran Khan on Friday granted approval for the launch of a new private airline, AirSial, from Sialkot International Airport.
Rs35 ml released for construction of Khazana Dam, Balochistan, Senate told
ISLAMABAD: A sum of Rs35 million has already been released earlier this year to provincial irrigation department for constructing Khazana Dam, Zimri, district...
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...