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 inaugurates nonstop, luxurious Jinnah Express trainÂ
The train will cover the distance between Lahore and Karachi in 15 hours
LAHORE:Â Prime Minister Imran Khan on Saturday inaugurated the non-stop...
Gwadar free zone being modelled after China’s Shekou Industrial Zone
BEIJING:Â Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and...
Aviation Division to spend Rs1.26bn on airports’ uplift
ISLAMABAD: The Aviation Division will spend around Rs1.26 billion on the up-gradation of various airports of the country in the current fiscal...
Pakistan and China agree on upgrading ML-1 railway track
BEIJING: The Ministry of Railways and the National Railway Administration of China (NRAC) have undertaken initial work on Pakistan Railways’ Mainline 1...
Special Economic Zones to get electricity, gas
The cost of providing these utilities to the economic zones would be met through the Cost of the provision of utilities to SEZs will be met through Public Sector Development Programme (PSDP)
Pakistan gets 50 million broadband users in four years
KARACHI: Pakistan-based cellular mobile operators (CMOs) have added 50 million mobile broadband subscribers to their networks in four years since April 23,...
Govt released Rs638.9bn for development projects in FY19
ISLAMABAD: The federal government released Rs638.9 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme...
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...
CPIC Global signs deal for two mega residential, commercial projects in Gwadar
'The dream of a Gwadar becoming a key economic hub of Asia is not far away now'
ISLAMABAD:Â CPIC Global on Wednesday signed...
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)...
JWG stresses timely completion of Gwadar projects
ISLAMABAD:Â The meetings of the Joint Working Group (JWG) on Gwadar and Industrial Cooperation were held via video-conference on Thursday.
The meetings were co-chaired...
China says Russian involvement pivotal in Belt and Road Initiative
BEIJING: Russia is China’s major partner in the implementation of the Chinese government’s development strategy Belt and Road Initiative, Yu Jun, adviser at...
Govt urged to list Diamer-Bhasha dam in domestic, int’l stock markets
MULTAN:Â The business community of southern Punjab has proposed the government to list the Diamer-Bhasha dam in domestic and international stock markets to...
NHA seeks Rs50bn ADB loan to rehabilitate N-5 highway, Senate told
ISLAMABAD: The Senate’s Standing Committee on
Communications was informed on Tuesday that the National Highway Authority
(NHA) had sought a loan of Rs50 billion...