Tag Archives: Development

KPCCI, USAID look for industrial development in KP

KPCCI, USAID look for industrial development in KP

PESHAWAR: Khyber-Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) and USAID have drafted a vision document for developing a well diversified industrial and manufacturing base in KP. This base would not only be export oriented but it would also help domestic consumers and create employment opportunities.
The vision document was prepared after a detailed discussion among officials of USAID, provincial government and business community of the province at KPCCI on Wednesday.

Japan to help with Pasni harbour development

KARACHI: Japan would provide dredgers for Pasni Fish Harbour under its general economic development program of Balochistan. This was disclosed by assistant director economic affairs South-West Asia at Ministry of Foreign Affairs Takashi Miyata, in a meeting with diplomats and representatives of multinational companies that was held in Karachi. He said these Dredgers would be provided to the federal government of Pakistan. The Japanese government has also given its final consent to

Pakistan looks for Chinese support in agri development

SUKKUR: Pakistan is looking forward to Chinese technology assistance to modernise its agriculture sector. “Though an agro-based country, our agriculture productivity is not up to the mark due to use of traditional measures,” said Shah Abdul Latif University (SALU) Professor Taj Muhammad Lashari.
Talking to APP, he hoped that the upcoming visit of the Chinese Premier Wen Jiabao to Pakistan will give an opportunity to the two countries to further expand bilateral cooperation.

Planning Commission issues guidelines for development schemes

KARACHI: The Planning Commission has decided that development projects will be approved only if disaster-risk-reduction measures are incorporated at their initial stages, Pakistan Today learnt on Monday.
According to the new guidelines, vulnerability from disasters must be kept in view while planning development projects and disaster-risk-reduction measures incorporated at the design, planning and implementation stages. The guidelines have been sent to the chief secretaries of

‘Govt should focus on SME development’

ISLAMABAD: Small and Medium Enterprises (SME) sector should be supported through relaxation in taxes and financial assistance, said Mahfooz Elahi, President of Islamabad Chamber of Commerce and Industry (ICCI), addressing a business community here on Saturday.
Elahi said that the SME development was pivotal to economic growth and had great significance in the development of economy.
He stated that SMEs are considered the engine of economic growth in both developed and

‘Cordial ties with India key to development’

LAHORE: Cordial ties between India and Pakistan are integral to the strength of South Asia as a whole and the promotion of economic development and trade. However, greater effort must be placed upon tackling disputes which have been at the root of the region’s poor economic performance for decades.
This was stated by SAARC Chamber of Commerce and Industry (CCI) former President Tariq Sayeed at the “Conference on Indo-Pakistan Economic Cooperation: Challenges and Prospects” held

Gilani calls on Japan to invest in power and development projects

ISLAMABAD: Prime Minister Yousaf Raza Gilani on Monday asked for enhanced Japanese investment in Pakistan’s power, energy and infrastructure development projects, saying his government was keen to increase trade ties with Japan.
The prime minister was talking to Makiko Kikuta, parliamentary vice minister for foreign affairs of Japan, who called on him at the Prime Minister’s House.
Gilani said it was gratifying to note that Japan not only had promptly and timely delivered

Militants get their ‘share’ in FATA development funds

PESHAWAR: The militant groups in the volatile Federally Administrated Tribal Agencies (FATA) are taking their ‘share’ from the development funds, it has been learnt reliably.
Sources privy to the matter revealed to Pakistan Today that the militants would not oppose any development work in areas under their complete control once they got their ‘share’. They said the militants were getting 15 to 20 percent of the money being spent in the development projects, which would some times

PAC seeks report on misuse of development funds

Taking notice of alleged corruption in the utilisation of development funds for members of parliament, the Public Accounts Committee on Monday sought a report from the Ministry of Local Government and Rural Development in on the matter.
The Public Accounts Committee met under Chaudhry Nisar Ali Khan to review audit objections to Pakistan Railways accounts and misuse of official vehicles by various government departments. The chairman of the prime minister’s

Development projects on hold in militancy-hit Tribal Areas

The federal government has put on hold development operations in six militancy-hit tribal agencies, as the funds are available only for peaceful areas, officials told Pakistan Today on Friday.
Officials said development work was on hold in six areas across FATA, which comprises seven agencies and six frontier regions or semi-tribal areas along the Pak-Afghan border.
“The areas development projects have been halted are the Mehsud Areas in South Waziristan,