PM approves upgradation of Karachi-Quetta-Chaman road
China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt Gen (r) Asim Saleem Bajwa has said the prime minister has approved in-principle the upgradation...
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 Project
ISLAMABAD: The Central Development Working...
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...
Karachi looks towards infrastructure projects to boost economic growth
KARACHI: With security threats on the wane, Pakistan is turning its attention to accelerating economic growth by unsnarling traffic in its big...
Govt forms authority to expedite CPEC projects
NDC approves constitution of National Coastal Development Authority for development of tourist resorts along Balochistan's coast
Council decides immediate completion of...
CDWP clears two projects worth Rs17.2bn
ISLAMABAD:Â The Central Development Working Party (CDWP) on Tuesday accorded approval to a project worth Rs202.412 million and recommended a project worth Rs17...
Malaysia to cancel $20 billion China-backed rail project: minister
Mohamed Azmin Ali said at a media event that the project’s cost was too great, while also giving an assurance that Malaysia would welcome investment from China on a case by case basis
Western media’s CPEC report based on ‘distorted facts’: ministry
Ministry of Planning, Development and Reform has
clarified a news article carried by some sections of international media titled
‘IMF won't stop China from...
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.
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...
Karachi water supply, Yellow Line projects recommended to ECNEC
ISLAMABAD:Â The Central Development Working Party (CDWP) on Thursday accorded approval to one project worth Rs385 million and recommended four projects worth Rs123.6...
Turkish Shylock twists Pak’s arm for $846m pound of flesh
Turkish Karkey demands immediate payment of $846 million arbitration award handed down by the ICSID in August 2017 to Pakistan.
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
Govt to take $490m loan from ADB for Karachi BRT project
ISLAMABAD:Â The government has decided to take a loan of $490 million from the Asian Development Bank (ADB) in order to fund the...
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...