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...

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...

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...

PM inaugurates nonstop, luxurious Jinnah Express train 

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

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...

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...

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...

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...

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...

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...

Zulfi Bukhari inaugurates farm housing scheme for overseas Pakistanis

ISLAMABAD: The Prime Minister’s Special Assistant on Overseas Pakistanis & Human Resource Development Zulfikar Bukhari inaugurated the Overseas Pakistanis Foundation’s Flagship Farm Housing...

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...

Zameen.com’s parent company now has $100 million more to invest

DUBAI: Emerging Markets Property Group (EMPG) has raised $100 million in a Series D funding led by KCK Group and eight other...

Progress on Diamer-Basha, Mohmand dams reviewed

'Procurement of consultancy services for Mohmand Dam is expected to be completed next month' ISLAMABAD: The Implementation Committee on Diamer-Basha and Mohmand...

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