ADB approves $9m financing for KP projects
ISLAMABAD:Â The Asian Development Bank (ADB) has approved $9 million in project readiness financing (PRF) to support the preparation and design of urban...
AIIB keen to invest $1bn in Pakistan
'Bank plans to finance $100m on Karachi Bus Rapid Transit Project, $400m on Rawalpindi Ring Road'
BEIJING:Â The Asian Infrastructure Investment Bank (AIIB)...
As the LHC strikes down tax on property, ‘plot’ business may see resurgence Â
New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt
Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan
At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.
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...
PM to inaugurate Peshawar BRT on Thursday: minister
PESHAWAR:Â Khyber Pakhtunkhwa Minister for Labour and Culture Shaukat Yousafzai has said that Bus Rapid Transit (BRT) project has been completed and it...
Election 2018: Political parties release specific plans for CPEC
ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos...
Germany announces economic assistance worth €163 m for Pakistan
German Parliamentary Minister for Economic Affairs Niels Annen during a meeting with Minister for Economic Affairs Sardar Ayaz Sadiq in Germany on...
Has CPEC hit a major roadblock?
China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans
ADB, Pakistan sign $75m loan agreement to upgrade Mardan-Swabi Road
The Asian Development Bank (ADB) and the Government of Pakistan have signed a loan agreement for $75 million to widen and upgrade...
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...
Roadmap devised to reconstruct infrastructure destroyed by 2022 flood: Dar
Federal Minister for Finance and Revenue Senator Muhammad Ishaq Dar informed the Lower House of the Parliament on Monday that a comprehensive...
SHC orders construction of new bridge over Indus River
NHA officials given two months to prepare feasibility report for the new bridge
CPEC-funded Multan-Sukkur Motorway to be operational by August
Sukkur-Multan motorway has a design speed of 120km per hour, and it is a two-way six-lane road with a contractual value...
PM Imran directs speedy revision of big cities’ master plans
Chief secretaries and heads of development authorities asked to upload info of approved residential projects on their websites and ensure the same is updated on a daily basis