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...
CDWP approves 31 projects worth Rs713 billion
Central Development Working Party (CDWP) under the chairmanship of Planning Commission Deputy Chairman Sartaj Aziz on Wednesday approved 31 projects worth Rs713 billion and referred 8 projects worth Rs694.88 billion were referred to ECNEC for further action.
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...
Minister calls for devising a robust strategy for infrastructural development
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has emphasised the need for devising a holistic strategy to develop the country’s infrastructure...
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...
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)
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...
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...
Chinese enterprises undertake over 3,000 BR projects in regional countries
As of the end of 2017, China’s central SOEs had 10,791 overseas entities spread over 185 countries and regions, with total overseas assets exceeding 7 trillion yuan
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...
China agrees to finance 14 social sector projects in GB
ISLAMABAD:Â The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit...
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 Pakistan
ISLAMABAD:Â Adviser to Prime...
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...
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...