While China concentrates on celebrating the 10th anniversary of its Belt and Road initiative, multiple countries and analysts are looking at the success of this initiative which according to many, continues to lose its charm among the nations that banked on it for the economic development.The initiative, a signature foreign policy strategy launched in autumn […]
Read MoreFinancial close for Hyderabad-Sukkur Motorway extended for 4 months
The contractors of Hyderabad-Sukkur Motorway (M-6) have secured an extension for achieving financial close which was supposed to be achieved by June 1, 2023. After getting a 4-month extension, now the company, Techno-CMC-ACC will achieve it by September 30, 2023.The Executive Board of the National Highways Authority (NHA) approved the extension for the construction of […]
Read MoreJhal Magsi Gas project revived
The Oil and Gas Development Company Limited (OGDCL), the leading exploration and production state-owned company, has revived the Jhal Magsi Gas project. The state-of-the-art gas processing plant, with a daily capacity to produce 13.7 MMSCF process gas and 45 BBL/day condensate, will mitigate escalating energy needs of Pakistan. Besides the commercial operations, the company has […]
Read MorePSDP portal launched, data of over Rs.1 trillion projects available for insight
Federal Minister for Planning Development and Special Initiatives, Ashan Iqbal last week officially launched Pakistan’s pioneering PSDP portal, country’s official news agency reported.For the first time in the country’s history, the data of Public Sector Development Programme (PSDP) projects (ongoing and previous year) worth Rs 1.1 trillion has been made available at the PSDP portal […]
Read MorePEC embraces contractors; will they reciprocate?
Difference of opinion on numerous issues apart, the governing body (GB) of Pakistan Engineering Council (PEC) finally demonstrated
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