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.

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...

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...

Contract inked for 660MW power production of JCFPP

ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and...

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

President promulgates Naya Pakistan Housing, Development Authority Ordinance

The authority shall prepare feasibility studies for the development of schemes and determine the mode of development accordingly.

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...

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...

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.

Business community can enable Pakistan to become an economic giant: Mayor Lahore

LAHORE: Mayor Lahore Col (R) Mubashir Javed said on Tuesday that the business community has the ability to turn Pakistan into an economic...

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...

RCCI President for broader tax base, business friendly policies

RAWALPINDI: President Rawalpindi Chamber of Commerce and Industry (RCCI) Zahid Latif Khan on Wednesday urged the Federal Board of Revenue (FBR) Chairman...

‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry

Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and...

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...