PPRA rules hampering progress

Though the incompletion of large projects is often blamed on the poor performance of the companies that have been hired for their execution, the real problem lies with the PPRA rules which need fixing. Recently a probe was demanded into the Peshawar BRT project by ANP because it could not be completed in the stipulated… Continue reading PPRA rules hampering progress

CCoE proposes moratorium on gas supply to CPPs

During a meeting chaired by Minister for Planning and Development Asad Umar, the Cabinet Committee on Energy (CCoE) decided to ban natural gas connections and disconnect supplies for captive power plants (CPPs) in order to manage the country’s gas shortage. The plan is to encourage electricity consumption from the national grid which is currently facing… Continue reading CCoE proposes moratorium on gas supply to CPPs

Pakistan likely to get its first ever IPG

The present government of Pakistan is keen on advancing the nation’s digital infrastructure and is therefore planning to introduce the country’s first ever IPG to provide ease of doing business to the digital users. The Ministry of Information Technology and Telecommunication and the National IT Board (NITB) under the leadership of Prime Minister Imran Khan… Continue reading Pakistan likely to get its first ever IPG

Pakistan offers partnership to China in PARCO

The government of Pakistan has decided to seek investment from China for becoming a shareholder in Pakistan Arab Refinery Company (PARCO) which is a state-of-the-art coastal refinery and petrochemical complex worth $9 bn. This futuristic coastal refinery will be built in Hub, Balochistan. Pakistan has also asked China to invest in several other projects, including… Continue reading Pakistan offers partnership to China in PARCO

Dismal response by Pakistan to block bidding

The Block Bidding Round 2020 arranged by the government was met with quite an unfavorable response. The Directorate General of Petroleum Concessions (DGPC) sought bids for 20 exploration blocks across the country but could not receive any bids for 25 per cent of the onshore oil blocks. Out of 20, oil and gas exploration companies… Continue reading Dismal response by Pakistan to block bidding

CM Balochistan blames previous govts for misappropriation of funds

CM Balochistan Mr. Alyani reached Zhob for a one-day visit on Sunday where he was received by provincial Minister for Live­stock Haji Mitha Khan Kakar and other senior officials at the airport. He was briefed about the Sherani Town’s development project. Talking to the reporters during his visit, Alyani claimed that the previous governments had… Continue reading CM Balochistan blames previous govts for misappropriation of funds

Trade policy fit for Pakistan’s productivity growth – Gonzalo J. Varela

Since the turn of the century, Pakistan has become a more inward-looking economy. Despite a rapid recovery from the COVID19 shock, a long-term examination of export performance reveals structural stagnation. In 1990, Pakistani firms served 0.19% of the world’s import demand. By 2019, they served only 0.12% – a decline in their market share of… Continue reading Trade policy fit for Pakistan’s productivity growth – Gonzalo J. Varela

Punjab govt to run BHUs on solar energy

An agreement has been signed with Punjab Minister for Energy Dr. Akhtar Malik to shift all Basic Health Units to solar energy, provincial government’s health minister, Dr Yasmin Rashid informed the reporters on Wednesday. BHUs in Sargodha, Jhelum and Mandi Bahauddin would be shifted to solar and this would eventually be followed by all other… Continue reading Punjab govt to run BHUs on solar energy

Diamer-Bhasha dam to transform Pakistan’s fortune

During a meeting with G-B Chief Minister Muhammad Khalid Khursheed on Thursday, Wapda Chairman Muzammil Hussain lauded the region for its continuous support for the construction of the massive Diamer-Bhasha dam. Hydro development affairs and matters concerning the confidence-building measures (CBMs) undertaken by Wapda in the project area for socio-economic development of locals were discussed… Continue reading Diamer-Bhasha dam to transform Pakistan’s fortune

PIEDMC board summons 147th meeting

The 147th meeting held by the PIEDMC’s Board of Directors under the chairmanship of Syed Nabeel Hashmi, approved giving additional charge of CEO and the proceedings of the last board meeting to Ali Moazzam Syed, stated a press release issued on Thursday. The expansion plan of Sundar Industrial Estate and the construction of Medical Trauma… Continue reading PIEDMC board summons 147th meeting