ECC decision on housing finance to be approved by Cabinet today

ISLAMABAD: The federal cabinet, scheduled to meet today (Tuesday) with Prime Minister Imran Khan will endorse the Economic Coordination Committee’s (ECC) decision...

Steel industry claims producers in erstwhile FATA/PATA evaded Rs150b in taxes

Industry association claims that manufacturers in former FATA/PATA misused tax exemptions to give themselves unfair advantage

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.

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...

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...

KP’s tax cuts may help revive construction industry from Covid slump

PESHAWAR: Senior officials at the Khyber Pakhtunkhwa (KP) Board of Revenue said on Monday that the provincial government has reduced taxes on...

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).

CWDP approves three development projects worth Rs76.5b

ISLAMABAD: The Central Development Working Party (CDWP) cleared three development projects worth Rs 76.5 billion during its meeting held on Tuesday under...

Seven Pakistani entities added to US export control list

The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures,...

Selling is easy, recovery a huge challenge

“Construction is a vast sector and in terms of products produce and segments that we operate in, we are the leaders in...

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...

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...

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...

Cement despatches grow by 5.10 per cent

Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.