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Industrial development

Illegal housing society

ILLEGAL HOUSING SOCIETY DEVELOPERS ON HIT LIST

'The developers of illegal companies will be penalized’ LAHORE: Punjab Minister of Law and Cooperatives Raja Basharat said those who have developed illegal housing companies across the province will face punishment and directive from Prime Minister Imran Khan as savings protection would be guaranteed to the poor. He said this on Tuesday while chairing a meeting of the National Coordination Committee...

Economic zones in KP

10 ECONOMIC ZONES PLANNED ACROSS KP

The Khyber Pakhtunkhwa government has planned to set up at least 10 economic zones across the province in the next decade under the Industrial Policy, 2020.The provincial cabinet had approved the policy last month. PLANNED ECONOMIC ZONES According to the policy, the proposed zones include  Rashkai Special Economic Zone  Nowshera Economic Zone Extension . Government will set up more economic zones in...

illegal housing societies

Illegal Housing Societies In Pakistan

ILLEGAL HOUSING SOCIETIES IN PAKISTAN There are more illegal than legal housing societies in Pakistan.Over 69% of the country's housing societies are not registered, government documents revealed Tuesday. According to official documents, out of a total of 8,767 housing societies, 6,000 are not registered with the concerned institutions. These 6,000 housing societies are on bogus papers or their papers are...

Dadocha Dam

FUNDS GIVEN TO FWO FOR DADOCHA DAM DEVELOPMENT

The Punjab government has disbursed PKR 150 million to the Frontier Works Organization (FWO) to commence with the development work on the Dadocha Dam. FWO will start the work within two to three weeks, according to a news report published on December 19. DETAILS OF DADOCHA DAM According to the details, FWO will complete the work on Dadocha Dam at a cost of PKR 6.429 billion. A senior official of the...

Gas pipeline

WORK ON 1100 KM LONG GAS PIPELINE TO START NEXT YEAR

GAS PIPELINE Work on 1100 km long gas pipeline to be started next year. Special Assistant to the Prime Minister on Petroleum Nadeem Babar said that construction work on the 1100-kilometre Pakistan Stream Gas Pipeline Project will begin in July next year. The Government has taken this step to transport liquefied natural gas (LNG) from Karachi to Lahore. In an interview, Nadeem Babar said that...

Toyota

TOYOTA TO LAUNCH 3-WHEELED EV’S IN PAKISTAN

The new Electric Vehicle (EV) policy is geared to propel a massive paradigm shift in the Pakistani automotive industry. In a relevant development as per a report shared by Dawn, Toyota is planning to introduce a range of electric tricycles to the Pakistani market. Reportedly, Hiroyuki Toyoda, the Chairman of T-Trike Company (a subsidiary of Toyota Motors), and Rana Abid Hussain, the President of the...

Railway project

Istabul Tehran Islamabad Railway Project To Be Launched Next Year

ISTANBUL-TEHRAN-ISLAMABAD RAILWAY PROJECT The member countries held a meeting of Economic Cooperation Organization. The authorities indicated that the Istanbul-Tehran-Islamabad (ITI) railway project will  resume its operations soon. THE RAILWAY PROJECT The national railways of Turkey, Iran, and Pakistan have mutually agreed to resume regular operations of the ITI container train.  Hence, until...

Geo mapping of brick kilns

GEO-MAPPING OF BRICK KILNS COMPLETED IN PUNJAB

GEO-MAPPING OF BRICK The Punjab government has started geo-mapping of brick kilns across the province. They took this step to ascertain installation of eco-friendly zig zag technology. As per the report, the total number of brick kilns in Rawalpindi district has increased to 215.However,  a total of 6,940 of them are present across Punjab. Following the Geo-mapping process, the Punjab Government has...

CDA PARKS

CDA RESTORES OVER 50 PARKS IN ISLAMABAD

The Capital Development Authority (CDA) has completed work on repairing, restoration, and decoration of more than 50 parks in different sectors of the metropolitan. Portable washrooms are installed in the parks by the management. CDA has issued tenders for the uplifting of Srinagar Highway and Landscape of Golra Interchange. According to details, CDA's work for repairing, restoration, and...

Commercial real estate

COMMERCIAL REAL ESTATE: A COMPREHENSIVE GUIDE

TABLE OF CONTENTS WHAT IS REAL ESTATE? WHAT IS COMMERCIAL REAL ESTATE? ADVANTAGES OF INVESTING IN CRE THINGS TO CONSIDER BEFORE INVESTING IN COMMERCIAL REAL ESTATE TYPES OF COMMERCIAL PROPERTY INTRODUCTION Do you currently have commercial real estate assets in your investment portfolio? While the stock market continues to show significant volatility, and less risky asset classes...

Clean energy

PAKISTAN EXPECTS 60% CLEAN ENERGY BY 2030:PM IMRAN KHAN

Prime Minister Imran Khan on Saturday(12.DEC.2020) told the United Nation's climate change summit that Pakistan expects 60% clean energy by 2030.He further added that Pakistan aims to mitigate the effects of climate change by using clean energy. Addressing the summit, the PM said that 30% of all the country's vehicles would run on electricity shortly. "Pakistan is the country whose contribution to...

CONSTRUCTION, MANUFACTURING

CONSTRUCTION AND MANUFACTURING RECOVERY UNDERWAY IN PAKISTAN; SAYS ASIAN DEVELOPMENT BANK

CONSTRUCTION AND MANUFACTURING RECOVERY The Asian Development Bank (ADB) has said Pakistan’s economy is recovering, even as a second wave of the Coronavirus has affected businesses. ADB said that economic activity in South Asia has started to normalize from the third quarter. And Pakistan’s economy is recovering, particularly in manufacturing and construction. Despite the persistent spread of...

AirSial

PM IMRAN KHAN INAUGURATES AIRSIAL IN SIALKOT

PM IMRAN KHAN INAUGURATES Prime Minister Imran Khan on Wednesday (9.DEC.2020) inaugurated AirSial in Sialkot. It is the third private airline of Pakistan After the inauguration, PM Spoke to the business community. The Prime Minister said that the airline was an "excellent initiative". He further added that it would create much-needed competition for the Pakistan International Airlines. Furthermore, it...

CPEC IS A TRANSFORMATIONAL PROJECT

CPEC IS A TRANSFORMATIONAL PROJECT, SAYS FOREIGN SECRETARY

TRANSFORMATIONAL PROJECT  Foreign Secretary Sohail Mahmood on Monday held a meeting with China-Pakistan Economic Corridor (CPEC) Chairman Lt Gen (r) Asim Saleem Bajwa, wherein he said that CPEC is a transformational project. Besides, he said that there is a complete national consensus on CPEC’s indispensability for Pakistan’s national development efforts. “Pakistan and China are firmly committed...

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