Inside Public Sector Development Program!

on 31/01/2023

The Public Sector Development Program (PSDP) 2022-23 parking over Rs.800 billion can be seen from many angles and of them one is that this development initiative will have cash for projects that remained dry during the last quarter of the year 2021-22.
The PSDP 2021-22 had already been slashed and brought down to Rs550 billion for severe cash flows during the previous government and at one point it was announced having nothing to fund the last quarter.
How cash will flow now is to be seen for the fragile economic situation, the new PSDP has many projects that deserve appreciation for sure but simultaneously one can find several making you wonder why they are included.
For instance, the Hyderabad-Sukkur Motorway Project (M-6) which is on the list of Communication Division projects must be appreciated as it was a missing link in the motorways chain. Despite repeated demands, the project failed to attract any sympathetic hearing during the previous government.
The project will have Rs.4000 million in the program and be built on BOT costing Rs 308,193.999 million. In the year 2021, the ECNEC approved the project.
Also, the program has a 5 MGD Reverse Osmosis Seawater Desalination Plant for Gwadar City. A significant project, realized after repeated demands from the local people and for which now the federal government will put 67 percent share in the total cost of the project. This year this project will have Rs.600 million.
Then we see two expo centers, one each in Peshawar and Quetta. Two ongoing projects of the Commerce Division, Peshawar Expo Center will have Rs.174.44 million and Quetta Rs.1000 million.
In the Aviation Division, an allocation of Rs. 2000 million has been made for the New Gwadar International Airport (NGIA). A $246 million greenfield airport is being built on an area of 4,300 acres and will be operational by September 2023.
The airport’s development is a part of the China-Pakistan Economic Corridor (CPEC) development, which is a cornerstone of China’s One Belt One Road (OBOR) initiative.
The airport will be the biggest in Pakistan and also become the nation’s second airport capable of handling A380 aircraft upon its commissioning in 2022. It is expected to stimulate development in the Gwadar peninsula and boost trade between Pakistan and China.
The program has Rs.500 million for the Feasibility Study and Acquisition of Land for the Islamabad Model Special Economic Zone approved by CDWP in 2022.
Then on the climate change side, a hefty amount of Rs. 9458 million has been earmarked for Upscaling of Green Pakistan Program approved by CDWP in 2019.
Clean Green Pakistan (CGP) was a flagship five-year campaign of Imran Khan. Under this campaign, the government aims to implement activities first in Islamabad and then trigger similar actions at the provincial level.
Furthermore, a 4-lane Hub Bypass project covering 16 kilometers has been included in the program and an amount of Rs.100 million has been allocated.
In ongoing schemes of the Defence Division, National Aerospace Science & Technology Park (NASTP) Aviation City Pakistan (ACP) has secured Rs. 800 million, new projects namely ‘Establishment of New Generation National Geodetic Datum of Pakistan has Rs.21 million, Institute of Inclusive Education, Islamabad Rs.86.515 million and National University of Pakistan, Islamabad has 200.000.
NIHD Center of Excellence for Preventive, Cardiovascular Research & Development has Rs. 50 million and Acquisition of Land from CDA for Establishing Medical City at Islamabad by National University of Medical Science (Phase-I) has 50 million.
40MW Dowarian Hydro Power Project, Neelum has been allocated with Rs.100 million.
In the Higher Education sector, Rs.1000 million have been earmarked for awarding scholarships to 3000 students from Afghanistan. Also, Rs.1500 million has been allocated for the Youth Laptop Scheme.
In the Industries sector, we have a Development of Dates Storage, Processing and Packaging Plant in Turbat having Rs.100 million.
Interestingly enough Rs. 50 million has been allocated for the Strengthening of the Engineering Industry, a project approved in 2022.
The program has Rs. 245.861 for the Establishment of a Business Park at Korangi Fish Harbour, Rs. 265.740 for the Installation of a Floating Jetty at Gwadar Fish Harbour, Rs. 1000 for Maintenance Dredging of Gwadar Port, and Rs.500 million for providing 2000 Engines to Poor Fishermen Gwadar.
The planning and Development division wants to construct the Pakistan Institute of Development Economics (PIDE) Campus on H-11/2, Islamabad. Amount of Rs.1500 million has been earmarked for the feasibility and construction.
For National Endowment Scholarships for Talent (NEST), an amount of Rs. 1000 million has been allocated to the program.
The Innovation Support Project has received 9000 million, Special Development Initiatives for Backward and Poor Districts in the Country Rs.20000 million.n

Pakistan is one of the potential
markets for ACs in Asia-Pacific

on 31/01/2023

Pakistan Air Conditioner Market has seen latest developments in terms of new variations and new innovations such as development of G10 technology that is energy efficient, usage of DSG chip for high-speed cooling, introduction of built in WiFi technology and cold plasma to ensure that the air remains bacteria-free are some the factors driving the market. Further, increase in manufacturing of inverter ACs which built-in external filter with self-cleaning technology has been influencing the market.
Previous situation
Pakistan is one of the potential markets for air conditioners in the Asia-Pacific region; led by rising investments, public & private infrastructure development as well as government “Vision 2025”, which would drive government spending in several sectors such as housing, infrastructure, commercial, hospitality, manufacturing, education, and healthcare. To support the vision, an MoU was signed- “China-Pakistan Economic Corridor (CPEC)” between China and Pakistan, in which China would be investing more than $100 billion.
According to a research the Pakistan air conditioner market size is projected to grow at a CAGR of 7.2% by 23. Despite political disputes and security concerns, the Pakistan air conditioner market is growing at a healthy rate owing to increasing disposable income and expanding middle-class population. The income of households in Pakistan has eventually increased owing to a growing working population resulting in high purchasing power, which is further contributing to the growth of the air conditioner market in the country.
The county’s economy is anticipated to grow over the coming years owing to the rise in government spending on infrastructure development, Foreign Direct Investment, and growth in domestic investment. Over the next six years, a centralized air conditioner, particularly the VRF segment is likely to demonstrate substantial Pakistan air conditioner market share due to increasing construction activities in the commercial sector.
The split air conditioner segment has dominated the overall air conditioner market due to the high demand arising from the residential sector. Punjab & Sindh provinces are the key revenue contributing regions that are likely to dominate Pakistan air conditioner market forecast revenues over the coming years.
The Pakistan air conditioner market report thoroughly covers the air conditioner market by types, applications, and regions. The Pakistan air conditioner market outlook report provides an unbiased and detailed analysis of the Pakistan air conditioner market trends, opportunities/high growth areas, market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
Pakistan air conditioner market is projected to gain traction throughout the forecast period owing to the increasing growth of the commercial sector. The increased FMCG sector has led to an increase in the establishment of retail outlets such as Unilever, Nestle and engro food with the growing consumer base is likely to proliferate the adoption of Air conditioners. On the other side, the IT sector is also estimated to generate humongous revenues in the market owing to the rising tech-savvy population along with the increasing shift of population towards the tertiary sector concurrently with the rising air conditioner installation in the office and is estimated to boost the growth of the Pakistan air conditioner market in the coming timeframe. — ERMD

What makes
Venture Engineering
a distinguished
company

on 31/01/2023

Examples set the very foundations of development and advancement in society and if they are positive they elevate everything be it any process or business.
Of these kinds of examples, Venture Engineering is the one for sure. That’s why the company, formed by Sheikh Sajid Qayyum and Sheikh Noman Sajid in 2004 is a big name now.
Venture Engineering (Pvt) Ltd resulted from the dedication, and passion of its founders, and the urge to keep raising the bar has ensured the company has come a long way from those humble beginnings.
With its head offices in Lahore, VE has branches in Karachi, Islamabad, Multan, Quetta, Gujranwala & Sargodha, to facilitate the MEP (Mechanical, Electrical, and Plumbing) and HVACR (Heating Ventilating, Air Conditioning & Refrigeration) customers all over Pakistan at their doorsteps.
VE offers top-notch MEP & HVACR solutions and has the requisite expertise to design, supply, install, commission, and maintain simple and complex MEP & HVACR solutions, Mechanical Chillers, and other HVACR products.
‘Our strong customer focus, dedication, and scientific approach have ensured that VE is recognized as a leading provider of end-to-end solutions in HVACR, the company says.
The entire team at VE has a single-minded focus to fulfill the needs of its customers.
The company has successfully undertaken several MEP and HVACR projects on a turnkey basis by providing reliable and technical workmanship to 410-bed Bahawalpur General Hospital, 100-bed Pediatric Center Bahawalpur, 200 bed General Hospital Dhir Kot Azad Kashmir, 220-bed Institute Of Cardiology Rawalpindi, Buch International Hospital, Pepsi Cola International, Park Lane Hotel, Leaders Inn Hotel, English Pharmaceutical, Pacific Pharmaceutical, Forman Christian College, Marvel Hotel, Millennium Mall Quetta, Mall Of Sargodha, Kings Shopping Mall Gujranwala, Defense Community Club, Lahore and Sero Biology Lab, Trauma Center and O.T Complex of Dow University of Health Sciences Karachi besides services to several private and public sector companies.n

Amazing HVAC Industry Trends

on 31/01/2023

Aeroseal Residential HVAC is everywhere, including buildings, homes, and even vehicles. We often take it for granted, simply turning up the temperature when we’re cold or down when we’re warm. For owners or operators, the HVAC industry has trends that must be taken into account to keep a building healthy.
To discover what is in store for this industry, we must look at emerging technologies, integration, and how local regulations are evolving to get a picture of what to expect in the days and years to come.
The HVAC Industry is Getting a Whole Lot Smarter
Many within the HVAC industry are beginning to automate their sales and service processes, allowing them to cut their customer acquisition costs to keep pricing competitive.
Smarter technologies, such as the use of smartphone apps, allow building managers to control lighting, ventilation, and other processes with one control point.
Better measurements of building environments thanks to the collection and mining of big data and analytic information will allow for more efficient HVAC systems to be installed in the future.
At the local level, HVAC contractors will also be using software, SEO, widgets, and other online tools and strategies to help connect with local customers who are researching their system.
Mobile solutions will continue to drive innovation within the HVAC industry as more potential customers use tablets, smartphones, and tablet PCs.
As HVAC systems continue to develop innovative, but complex, solutions for buildings, consumers are expected to continue turning toward mobile technologies to set up preventative maintenance and service programs.
There will always be a need for the HVAC industry. The real question of the hour is this: how much demand is this industry expected to see year after year? Much of that will depend on how much innovation can be achieved within the industry. As the world continues to globalize, more information than ever before is at the fingertips of consumers. They can research best practices, installation techniques, and they want mobility like never before.
The Relationship Between Construction and HVAC
An increase in new building construction will always provide a similar increase in HVAC unit installations.
In both residential and non-residential, HVAC equipment installation is expected to be on the rise in the coming year.
From 2014 data, the spending on construction projects for non-residential use rose 4.2% from the year before. In 2016, up to 7% growth could occur.
Lodging construction projects with a need for HVAC unit installations saw an increase of 11.3%. Office and commercial construction projects saw increases of 14.7% and 8.4% respectively.
Even sewage disposal construction projects with a need for HVAC components saw an increase of 13.6%.
Residential storage heater shipments have seen increases of over 20% in the past 5 years for total shipments.
Warm air furnace shipments have seen nearly a 23% increase thanks to the increases seen in new construction projects.
Once an HVAC system is installed, it generally needs maintenance only. This creates two unique sectors within the HVAC industry. On one hand, you have the installers who need new construction in order to find the revenues that will keep them in business. On the other hand, you have maintenance and repair personnel who receive an expanded customer base with every new system that is installed. Although the maintenance sector can still thrive when there is limited new construction, the industry as a whole sees a decline and that affects everyone’s revenues. This is why the relationship between the construction and HVAC industries is so critical.
How HVAC Innovations Are Inspiring New Trends
Electronic air cleaners are 40x more efficient than a standard filter you would throw away to remove unwanted particles from the air.
Rightsizing, system updating, and types of refrigerant used can significantly affect HVAC efficiency.
Variable speed heat pumps can help to trim monthly costs by up to 40% for homeowners.
Proper insulation for a home or building on its own can improve HVAC efficiencies by up to 30%.
75% of the utility costs of a home come from the power used for home electronics that are being kept in a “standby” or “off position,” including HVAC equipment.
Heating and air conditioning are two of the three most common expenditures for building owners today.
A properly maintained air conditioning system will last 10-15 years, depending on the manufacturer and if it was properly installed.
Filters must be changed every 2-3 months at a minimum to maintain the efficiency of an HVAC system, which helps to fuel ongoing supportive revenues for the industry.
Ductless HVAC systems could come to represent up to 15% of the total industry revenues in the next 5 years.
Did you know that someone who lives in a home with air conditioning actually loses some of their tolerance for heat? Not that this is necessarily a bad thing, but it does go toward showing the importance of installing and using an innovative HVAC system for comfort purposes. With the average system operating at full efficiencies for 10-15 years, it is up to each owner or operator to find a qualified technician in their area to maintain their system. Otherwise, the cost of a new HVAC system might come around sooner than necessary, and although that’s not a bad thing for industry revenues, it does take money out of your pocket unexpectedly. We always think our HVAC system will be useful, but if we don’t pay attention to new trends, we could be paying a lot more than expected.
The Global HVAC Industry
Analysts’ forecasts said few years back that HVAC equipment market in China to grow at a CAGR of 8.51% through 2019.
The global HVAC industry is expected to have a 4.34% CAGR through 2022. This is expected to generate total revenues of nearly $70 billion in total.
Asia-Pacific continues to be the leading revenue generator in the global HVAC market thanks to the increase in demand for split air conditioners.
Both the mature markets for the HVAC industry and the developing markets have a lot of potential. It’s the new construction opportunities in the mature markets which are fueling new revenues, while in the developing markets, it is innovative products and technician maintenance and/or installation. Although the HVAC market isn’t one of the larger markets in the world today, it is still a solid contributor to local and regional economies and that is why a healthy industry is so important.
HVAC Future Trends
The healthcare industries contribute just over 13% of the total revenues that are collected by the HVAC industry annually.
Manufacturing and industrial applications [10.5%] are just slightly higher than office building applications [10.1%] in terms of HVAC revenues.
When the recession started in late 2007, the HVAC industry took the same hit as the construction industry in the US, but their pain didn’t make the mainstream media as often. The recovery being experienced within the industry is still continuing to build slowly, but at least the industry has come to the point where they have a positive annualized growth since 2008 at this point, even if it is at just 1%. The future looks very bright for the HVAC industry. Hopefully, another recession won’t come along to damage the progress that has been made in recent years. –ERMD

The Next Era of Innovation in Air Conditioning

on 31/01/2023

Let us look forward to the next era of innovation in the HVAC industry. A high-level look at advancements in air conditioning and the underlying societal forces that motivated progress reveals much about humans. Initially, comfort drove change. The first intervention used fire for heat as well as cooking and protection. Next, fans were used to cool through convection and evaporation if humans were perspiring.
The first mechanical air conditioner from the early 1900s sent air through water-cooled coils. This was not invented to provide human comfort. Rather, it was designed to control humidity around a printing press to improve the image quality. The same entrepreneurial engineer subsequently invented the centrifugal chiller, adding a central compressor to reduce a unit’s size. By the 1960s, air conditioning units were found in many homes. While several religious groups objected to this degree of comfort, protesting that it wasn’t “God-like,” the desire for comfort prevailed.
As air conditioning use soared, the 1970s energy crisis hit. In response, the U.S. Department of Energy created a federal standard for air conditioner manufacturers. This definitively focused the HVAC industry on reducing energy consumption, a goal that continues to guide the management of indoor environments. Today, computerized building management systems that interface with occupancy presence sensors in order to reduce energy waste are high on the list of ASHRAE awards.
The Future of Air Conditioning
Since the 1970s, the overwhelming emphasis in building and mechanical system design and operation has been to keep carbon-based fuel consumption low. While this is critical, the goal of future innovations in HVAC engineering must be driven by another obvious yet largely invisible purpose of buildings.
Buildings exist to shelter humans so that we can reside on earth. This means the truest innovations will advance this purpose. Even though we spend 90% of our time indoors, little is still understood about how indoor conditions and designs affect human physiological health. To date, health-related building management concentrates on eliminating dangerous gases and chemicals — a do-no-harm perspective.
Yet, our indoor environments have the potential to do much more. They have the potential to be spaces that enable people to thrive, not just survive. To achieve this, we must first reveal the most important metrics in real time so that adjustments can be made when necessary.
Wearable Biosensors for Physiology Monitoring
Wearable biosensors provide real-time physiological information measured noninvasively. Many of us already wear devices to track our heart rate, sleep patterns, and activity. We now also have devices that can monitor hormones, natural chemicals, and microbial products in sweat, tears, saliva, and other bodily fluids.
This real-time physiological information can be interfaced with building data and inform us about the best way to manage our indoor environments. Ultimately, these wearable sensors will change the way in which our homes, offices, schools, and health care facilities are designed and managed. Just as precision medicine can bring the best treatment to each individual, personalized indoor environments can optimize the health and performance of everyone and reduce the hundreds of billions of dollars that are lost each year in the U.S. due to illnesses linked to the indoor environment.
If you are forward-thinking, interested in new opportunities, and willing to deviate from existing paths, I advise you to become a data collector. Using wearable biosensors, keep a log of your own heart rate, sleep patterns, and illnesses over the next year. Meanwhile, track the temperature, humidity, particles, volatile organic compounds (VOCs), carbon dioxide levels, and other variables in your home and office. Do you see trends or patterns? If so, how can you manage your building to optimize your own existence? – BY Dr. Stephanie Taylor, President and founder of Building4Health Inc.
Aeroseal Residential
HVAC is everywhere, including buildings, homes, and even vehicles. We often take it for granted, simply turning up the temperature when we’re cold or down when we’re warm. For owners or operators, the HVAC industry has trends that must be taken into account to keep a building healthy.
To discover what is in store for this industry, we must look at emerging technologies, integration, and how local regulations are evolving to get a picture of what to expect in the days and years to come.
The HVAC Industry is Getting a Whole Lot Smarter
Many within the HVAC industry are beginning to automate their sales and service processes, allowing them to cut their customer acquisition costs to keep pricing competitive.
Smarter technologies, such as the use of smartphone apps, allow building managers to control lighting, ventilation, and other processes with one control point.
Better measurements of building environments thanks to the collection and mining of big data and analytic information will allow for more efficient HVAC systems to be installed in the future.
At the local level, HVAC contractors will also be using software, SEO, widgets, and other online tools and strategies to help connect with local customers who are researching their system.
Mobile solutions will continue to drive innovation within the HVAC industry as more potential customers use tablets, smartphones, and tablet PCs.
As HVAC systems continue to develop innovative, but complex, solutions for buildings, consumers are expected to continue turning toward mobile technologies to set up preventative maintenance and service programs.
There will always be a need for the HVAC industry. The real question of the hour is this: how much demand is this industry expected to see year after year? Much of that will depend on how much innovation can be achieved within the industry. As the world continues to globalize, more information than ever before is at the fingertips of consumers. They can research best practices, installation techniques, and they want mobility like never before.
The Relationship Between Construction and HVAC
An increase in new building construction will always provide a similar increase in HVAC unit installations.
In both residential and non-residential, HVAC equipment installation is expected to be on the rise in the coming year.
From 2014 data, the spending on construction projects for non-residential use rose 4.2% from the year before. In 2016, up to 7% growth could occur.
Lodging construction projects with a need for HVAC unit installations saw an increase of 11.3%. Office and commercial construction projects saw increases of 14.7% and 8.4% respectively.
Even sewage disposal construction projects with a need for HVAC components saw an increase of 13.6%.
Residential storage heater shipments have seen increases of over 20% in the past 5 years for total shipments.
Warm air furnace shipments have seen nearly a 23% increase thanks to the increases seen in new construction projects.
Once an HVAC system is installed, it generally needs maintenance only. This creates two unique sectors within the HVAC industry. On one hand, you have the installers who need new construction in order to find the revenues that will keep them in business. On the other hand, you have maintenance and repair personnel who receive an expanded customer base with every new system that is installed. Although the maintenance sector can still thrive when there is limited new construction, the industry as a whole sees a decline and that affects everyone’s revenues. This is why the relationship between the construction and HVAC industries is so critical.
How HVAC Innovations Are Inspiring New Trends
Electronic air cleaners are 40x more efficient than a standard filter you would throw away to remove unwanted particles from the air.
Rightsizing, system updating, and types of refrigerant used can significantly affect HVAC efficiency.
Variable speed heat pumps can help to trim monthly costs by up to 40% for homeowners.
Proper insulation for a home or building on its own can improve HVAC efficiencies by up to 30%.
75% of the utility costs of a home come from the power used for home electronics that are being kept in a “standby” or “off position,” including HVAC equipment.
Heating and air conditioning are two of the three most common expenditures for building owners today.
A properly maintained air conditioning system will last 10-15 years, depending on the manufacturer and if it was properly installed.
Filters must be changed every 2-3 months at a minimum to maintain the efficiency of an HVAC system, which helps to fuel ongoing supportive revenues for the industry.
Ductless HVAC systems could come to represent up to 15% of the total industry revenues in the next 5 years.
Did you know that someone who lives in a home with air conditioning actually loses some of their tolerance for heat? Not that this is necessarily a bad thing, but it does go toward showing the importance of installing and using an innovative HVAC system for comfort purposes. With the average system operating at full efficiencies for 10-15 years, it is up to each owner or operator to find a qualified technician in their area to maintain their system. Otherwise, the cost of a new HVAC system might come around sooner than necessary, and although that’s not a bad thing for industry revenues, it does take money out of your pocket unexpectedly. We always think our HVAC system will be useful, but if we don’t pay attention to new trends, we could be paying a lot more than expected.
The Global HVAC Industry
Analysts’ forecasts said few years back that HVAC equipment market in China to grow at a CAGR of 8.51% through 2019.
The global HVAC industry is expected to have a 4.34% CAGR through 2022. This is expected to generate total revenues of nearly $70 billion in total.
Asia-Pacific continues to be the leading revenue generator in the global HVAC market thanks to the increase in demand for split air conditioners.
Both the mature markets for the HVAC industry and the developing markets have a lot of potential. It’s the new construction opportunities in the mature markets which are fueling new revenues, while in the developing markets, it is innovative products and technician maintenance and/or installation. Although the HVAC market isn’t one of the larger markets in the world today, it is still a solid contributor to local and regional economies and that is why a healthy industry is so important.
HVAC Future Trends
The healthcare industries contribute just over 13% of the total revenues that are collected by the HVAC industry annually.
Manufacturing and industrial applications [10.5%] are just slightly higher than office building applications [10.1%] in terms of HVAC revenues.
When the recession started in late 2007, the HVAC industry took the same hit as the construction industry in the US, but their pain didn’t make the mainstream media as often. The recovery being experienced within the industry is still continuing to build slowly, but at least the industry has come to the point where they have a positive annualized growth since 2008 at this point, even if it is at just 1%. The future looks very bright for the HVAC industry. Hopefully, another recession won’t come along to damage the progress that has been made in recent years. –ERMD