Sector-wise allocation of PSDP

on 31/01/2023

Aviation Division – Rs 2,484.871 million
Board of Investment – Rs 807.500 million.
Cabinet Division – Rs 70,058.816 million
Climate Change Division Rs 9,600 million.
Commerce Division – Rs 1,174.440 million
Communication Division (other than NHA) – Rs 180 million
Defence Division – Rs 2,232.090 million
Defence Production Division. – Rs 2,200 million
Establishment Division – Rs 900 million
Fed Edu & Professional Training Division – Rs 7,239.597 million.
Finance Division – Rs 1,659.997 million
Provinces and Special Areas – Rs 135855.627 million
Higher Education Commission – Rs 44,178.907 million
Housing and Working Division – Rs 13,985.204 million
Human Rights Division – Rs 184.682 million will be provided to.
Industries and Production Division – Rs 2,850 million
Information and Broadcasting Division – Rs 2,100 million
Information Technology and Telecom Division – Rs 6,330.696 million
Inter-Provincial Coordination Division – Rs 3,472.420 million
Interior Division – Rs 9,093.009 million
Law and Justice – Rs 1,813.892 million
Maritime Affairs Division – Rs 3,465.378 million
Narcotics Control Division – Rs 207.917 million
National Food Security and Research Division. – Rs 10,129.134 million
National Health Services – Rs 12,650.997 million
National Culture and Heritage Division – Rs 550 million
Pakistan Atomic Energy Commission- Rs 25,990.602 million
Pakistan Nuclear Regulatory Authority – Rs 289.890 million
Petroleum Division – Rs 1,480.509 million
Planning, Development – Rs 42,176.535 million
Poverty Alleviation Rs 500 million
Railway Division – Rs 32,648.036 million
Religious Affairs Division – Rs 600 million
Revenue Division – Rs 3,188.639 million
Science and Technology – Rs 5,716.394 million
SUPARCO – Rs 7,395.01 million
Water Resource Division – Rs 99,572.465 million
National Highway Authority – Rs 118,403.402 million
NTDC/PEPCO – Rs 43,133.262 million
ERRA – Rs 500 million
Viability Gap Fund – Rs 73,000 million n

Sindh intends to export wind power to other provinces

on 31/01/2023

Sindh is generating 1,235 megawatts (MW) of power through wind energy by 24 independent power producers (IPPs). As many as 12 more IPPS are busy setting up their plants that will generate a total of 610 megawatts.
These included 300 MW generation through four Chinese consortium companies under the China-Pakistan Economic Corridor, said Sindh Secretary for Energy Abu Bakar Madani during a briefing at a seminar last week.
The meeting was organized by The Knowledge Forum (TKF) and attended by representatives of the Alliance for Climate Justice and Clean Energy (ACJCE) and Renewable Energy Coalition (REC).
“Our mission is to make Sindh self-sufficient in power generation and export surplus to other provinces,” Madni said. adding that Sindh has a potential of generating 55,000 MW only through wind energy along a 60-kilometer-wide and 170-kilometer-deep Jhimpir-Gharo-Keti Bandar wind corridor.
So far, the provincial government has issued 61 Letters of Intent for the development of solar, wind, and other projects in the province. For this purpose, over 1,000 acres of land have been leased out to companies for renewable energy projects, and more than 40,000 acres are reserved for renewable energy parks.
Sindh is the first province that has established its own power transmission and dispatch company, said the secretary, adding that the first project of a 95km, 132KV double circuit line from Nooriabad to Karachi was completed in January 2018 at a cost of Rs 2,000 million. The STDC is transmitting 100 MW to the K-Electric system, he said.

PAAPAM, PEC join hands for combined growth for industry, engineers Internees will jointly be paid by PEC & PAAPAM for six months
period; PAAPAM to fund FY projects too

on 31/01/2023

The Pakistan Engineering Council (PEC) and the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) have entered into an agreement to identify areas of potential collaboration to facilitate the areas of combined growth for the beneficiaries such as engineering graduate innovators, academia, researchers (faculty and students), and engineers.
The agreement was signed in Lahore between PEC and PAAPAM on behalf of Chairman PEC Engr. Najeeb Haroon and Chairman PAAPAM.
The agreement says both sides would make endeavors to enhance the capacity of engineering graduates and employability in the country and to keep them engaged in acquiring additional knowledge, bridging up the industry-academia gap, and real work/training experiences in different fields of engineering, in line with the principle of mutual benefit based.
Both the parties will set up a joint desk to identify the gaps and areas of engineering components and services to promote localization and import substitution, both in the public and private sector, to save drainage of precious foreign exchange from the country.
Under the agreement, the PAAPAM will allow/ arrange field tours for engineering students of PEC accredited engineering programs of universities to go for on-floor training. This will contribute to holistic student development by letting students learn about the current trends and the future scenario of the industry, including the new technologies that are being used in the automotive industry.
Paid Internship for Engineers
The PAAPAM will communicate the requirements as per the needs of its members’ companies based on engineering disciplines. PEC will invite the applications on a PEC web portal that is already functional and can also get the nominations from the universities. PEC will forward the applications to PAAPAM for scrutiny, selection, and assigning of relevant jobs.
The total period/ duration of the internship will be 06 months. If an intern performs exceptionally well the company may hire him/her for a permanent job on mutually agreed terms.
All candidates will be required to furnish Internship feedback from the respective industry to PEC through PAAPAM for the payment of paid internship. PEC will pay the total amount of Rs. 20,000/- per month to the internee selected and Rs. 10,000/- will be paid by the respective company of PAAPAM and this way total stipend to an intern will be Rs. 30,000/- monthly. Periodic inspections for the purpose of the assessment will be made if desired so by PEC.
There shall be an exclusive Project Management Unit/ cell, which will be headed by a Project Manager for the purpose of the selection process and monitoring mechanism for data acquisition and placement of interns.
The project manager will be the focal person for communication with HEIs and PAAPAM about the paid internship program
Capstone/ Final Year Design Projects (FYDPs)
Also, both sides have agreed upon promoting industrial design projects with innovative ideas in the Engineering Profession through incentives/awards by PEC.
PAAPAM will identify and suggest the relevant topics/ theme for capstone/ Final Year Design Projects (FYDPs) as per the need of the automotive parts industry to carry out indigenous economical solutions for the automotive parts industry involving modern tools, techniques, and technologies.
PAAPAM may fund any Final Year Design Project if they wish so and believe that it is an immediate and must requirement for the industry.
The project manager will be the focal person for communication with HEIs and PAAPAM pertaining to FYDPs. — LAHORE: Engineering Review Report

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