Tag: Project

Donors keenly interested in TARUCCI project, Masood told

PESHAWAR - Khyber Pakhtunkhwa Governor Barrister Masood Kausar, during a briefing on Tribal Areas' Rural-to-Urban Centres Conversion Initiative (TARUCCI), was informed on Monday many donor countries had evinced keen interest in the project and made commitments for assistance. FATA Administration and Coordination Secretary Abid Majeed, while giving a briefing to the governor at the governor's house, highlighted different aspects of this innovative project and said its objective was

Pakistan-Turkey train project moves forward

KARACHI - The proposed Gul Train between Islamabad and Turkey, named after the Turkish president, moved a step forward as a Turkish delegation led by Professor Dr Guven Sak, Head of Economic Policy Research Foundation of Turkey called on President Asif Ali Zardari and said that the pre-feasibility study of the project would be completed ahead of President Zardari's forthcoming visit to Turkey in April. Turkish Ambassador in Islamabad Mustafa Babur Hizlan was also present in the

SEDF project remains a pipe dream

KARACHI - Despite languishing for at least two years, the establishment of the Services Export Development Fund (SEDF), an Rs 2.0 billion project for promoting the country's export of services, stipulated in Strategic Trade Policy 2009-12, remains a distant dream due to what sources attribute to a lack of funds. Though the important project aimed to enhance the export of services, the long neglected unconventional exportable item, was announced in 2009 by the ministry of commerce, it

EU project to increase life of farm products

FAISALABAD - The European Union has announced to finance a project titled 'Trade-Related Technical Assistance' (TRTA) aimed at boosting Pakistan's economy by increasing the life of farm products. It was stated by international expert, Dr Mike Dillon, at his recent meeting with University of Agriculture Faisalabad (UAF) Vice Chancellor Dr Iqrar Ahmad Khan and Institute of Horticultural Sciences head Prof Dr Amman Ullah.
Dr Mike Dillon has been appointed as a coordinator by United

Nankana on top in health project

LAHORE - District Nankana has won award for being the top performer consecutively for the third consecutive year. The initiative is a part of the efforts by the Punjab Health Department in collaboration with Micronutrient Initiative (MI) to eliminate Iodine Deficiency Disorders (IDD) through Universal Salt Iodisation Programme (USIP). Bhakkar and Mandi Bahauddin attained second and third spots respectively.

KWSB to start work on Rs 20bn K-IV Water Supply Project

KARACHI - The Karachi Water and Sewerage Board (KWSB) is about to start work on K-IV Water Supply Project with an estimated cost of Rs 20 billion to meet the increasing demand of water, KWSB Managing Director (MD) Misbahuddin Farid said in a meeting on Tuesday.
The meeting was also attended by Karachi District Coordination Officer (DCO) Muhammad Hussain Syed, Municipal Services Department Executive District Officer Masood Alam, officials of the City District Government Karachi

911 ▬ Black Burqa Project

KARACHI - As opposed to the conventional artist's talk, Mansoora Hassan's dialogue project is a collective art experience. Her photographs, videos and mixed media pieces serve as sparks for organic debate, discussion and growth. Breaking the barrier between the artist and the audience helps to promote the understanding of various cultures and societies, which by and large are still largely misunderstood or represented inaccurately in the media.
The dialogue project strives to

Aashiyana Housing Scheme is a revolutionary project: CM

ALAHORE - The Aashiyana Housing Scheme is a revolutionary project of the Punjab government for the low-income segments of the province, Punjab Chief Minister Shahbaz Sharif said on Saturday. He was addressing the foundation stone-laying ceremony of the Aashiyana Housing Scheme at Atari Saroba, Ferozepur Road. Shahbaz said that the project was an important step towards transforming the country in accordance with the vision of the Quaid-e-Azam and Allama Iqbal.
The CM said that

Pakistan eyes Chinese aid for gas project

ISLAMABAD - Pakistan has finalised a portfolio of 32 energy projects to seek financial assistance from China, including the construction of the Iran Pakistan (IP) gas pipeline project, oil refineries along Balochistan coast and exploitation of Thar coal reserves in Sindh.
Briefing reporters on the energy sector, Petroleum Secretary Imtiaz Kazi said the portfolio of energy projects would be discussed at the next meeting of the energy working group of the two countries. During the

Jewellery project in limbo over rent deadlock

KARACHI - Pakistan's first proposed 'Dazzle Park' for Gems and Jewellery, which was to be constructed in Karachi to improve exports of precious stones of the country, remains in limbo due to a land rent dispute. The important project, which is aimed at boosting the export of jewelry to the level of $1.0 billion per annum from its existing level of around $290 million, was placed in cold storage for the last two years after a dispute was erupted between Civil Aviation Authority (CAA)

Mashal LNG project scrapped, new terminal planned

ISLAMABAD - The government has scrapped the Mashal project and initiated a new effort for expeditious Liquefied Natural Gas (LNG) imports through a deep sea off shore terminal. Sui Southern Gas Company Limited (SSGC) Managing Director Faiz Ullah Abbasi told reporters here the project was reinitiated according to the decision of the Economic Coordination Committee of the Cabinet (ECC). The new initiative has no link with the Mashal project. The off shore project will cost an estimated

‘K-IV project to be completed in three phases’

KARACHI - Sindh Planning and Development (P&D) Department Additional Chief Secretary Muhammad Ishaque Lashari said on Wednesday that the Greater Karachi Water Supply Scheme - K-IV project - would be implemented in three phases. The Karachi Water and Sewerage Board (KWSB)'s K-IV project aims at bringing additional 650 million gallons per day (MGD) or 1,200 cusecs of water to the city from Indus River. According to details, the project's phase-I with the capacity for drawing 130 MGD

LCCI completes first phase of rehabilitation project

LAHORE - The Lahore Chamber of Commerce and Industry (LCCI) has handed over possession of 40 newly constructed houses in Basti Manchara Mohna in Layyah District to those displaced by the floods. The Rs 5.0 million Basti Manchra Mohana project was executed in line with a pledge made by the body to the Punjab chief minister. The LCCI Senior Vice President Sheikh Mohammad Arshad handed over possession documents and the keys of the newly built houses at a ceremony in the locality.

Fauji Foundation backs renewable energy project

LAHORE - Fauji Foundation has entered into an agreement for equity commitments of approximately Rs 6.0 billion, of which around $20 million is being provided as foreign direct investment (FDI) by CapAsia, Singapore, through the Islamic Infrastructure Fund. Fauji Foundation in collaboration with Fauji Fertiliser Bin Qasim, Tapal Group and CapAsia will establish two wind energy farms of 50MW each in Gharo Sindh with an investment of $260 million.
The projects will be implemented

SC asks for record of approval of Reko Diq project

ISLAMABAD - The Supreme Court (SC) on Monday ordered the Balochistan advocate general to submit by today (Tuesday) complete records of approvals and relaxations in rules given by the former chief minister of Balochistan for the Reko Diq project.
A three-member bench comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali and Justice Ghulam Rabbani was hearing a case against leasing of Reko Diq gold and copper mines in Balochistan worth over $260 billion to

$1bn transport project may be scrapped

KARACHI - A transport project worth $1 billion meant to benefit of the citizens of Karachi is likely to be scrapped by dint of indifferent attitude of the Sindh government as it has shown no interest in initiating the bidding process for inviting investment needed to operate buses in the province, sources have informed Pakistan Today. A memorandum of understanding (MoU) was signed between the provincial government and the International Investment Consortium (IIC) of Malaysia on

Finance dept abolishes 8 clean water project posts

LAHORE - The Punjab Finance Department has abolished eight posts of the clean drinking water project "in haste" without fulfilling the basic requirement of issuing a one-month prior notification, Pakistan Today has learnt.
The clean drinking water project is a federal government-funded project, which was handed over to the Local Government and Community Development Department of the Punjab government, but was stopped owing to downsizing drive of the government. But the funds