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.

Rupee continues to tumble, down 3.1 per cent

It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.

Karachi water supply, Yellow Line projects recommended to ECNEC

ISLAMABAD: The Central Development Working Party (CDWP) on Thursday accorded approval to one project worth Rs385 million and recommended four projects worth Rs123.6 billion to...

Pakistan, South Korea sign framework arrangement worth $500m

Under the arrangement, South Korea will provide long-term concessional financing for the execution of various development projects in PakistanISLAMABAD: Adviser to Prime Minister on...

CDWP clears two projects worth Rs17.2bn

ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday accorded approval to a project worth Rs202.412 million and recommended a project worth Rs17 billion to...

Gwadar free zone being modelled after China’s Shekou Industrial Zone

BEIJING: Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and residential and...

CDWP recommends three projects worth Rs209bn to ECNEC

Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT ProjectISLAMABAD: The Central Development Working Party (CDWP)...

Swat motorway to be inaugurated next month

Khyber Pakhtunkhwa Communication and Works Minister Akbar Ayub Khan said Prime Minister Imran Khan is expected to inaugurate Swat motorway on 25th of next...

PM inaugurates nonstop, luxurious Jinnah Express train 

The train will cover the distance between Lahore and Karachi in 15 hoursLAHORE: Prime Minister Imran Khan on Saturday inaugurated the non-stop and luxurious...

Inauguration of Lahore-Abdul Hakeem Motorway on 31st

'The important segment of Karachi-Peshawar Motorway will link the districts of Sheikhpura, Nankana Sahib, Faisalabad, Toba Tek Singh and Khanewal to the motorway...

WAPDA formally awards Mohmand Dam contract to Descon, CGGC

Upon completion, the project will store about 1.2m acre-feet of water, generate 800MW of low-cost hydel electricity and help mitigating floods in KPLAHORE: Following...

PM to perform groundbreaking of new Gwadar airport this week

Prime Minister Imran Khan will perform the groundbreaking of the new airport in Gwadar this week, a Chinese Embassy official stated on Tuesday.https://twitter.com/zlj517/status/1110449273127223296It is...

Sri Lanka signs $1bn loan with China to build highway

COLOMBO: Sri Lanka signed a $989 million loan with China’s Exim Bank on Friday to build a highway linking the centre of the Indian Ocean...

ADB approves $9m financing for KP projects

ISLAMABAD: The Asian Development Bank (ADB) has approved $9 million in project readiness financing (PRF) to support the preparation and design of urban sector projects...

China agrees to finance 14 social sector projects in GB

ISLAMABAD: The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit Baltistan (GB),...

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PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals of peaceful...

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