Pakistan News

    Infrastructure Companies List In Hyderabad Pakistan

  • US adds 24 companies including those from Pakistan to export control list

    The Biden administration has added 24 companies and other entities to an export control list for supporting Russia’s military or defense industrial base, Pakistan’s nuclear activities or for supplying an Iranian electronics company...

    The entities, based in Latvia, Pakistan, Russia, Singapore and Switzerland, were added over US national security and foreign policy concerns, the Commerce Department said on Wednesday...

  • Sepco on top of companies list in the red, says CEO

    LARKANA: The chief executive officer of the Sukkur Electric Power Company (Sepco), Muzaffar Abbasi, has admitted the power utility is on top of the list of companies running in deficit and said it owes Rs75 billion to the Central Power Purchasing Company alone...

    Citing example of the Multan Electric Power Company, Mr Abbasi said, the power utility was among nine companies running in deficit, which required 4,000 megawatt electricity...

  • List of companies taking illegal deposits released

    ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Saturday released a list of more than 100 registered and unregistered companies involved in illegal deposit taking and offering investment opportunities to unsuspecting citizens...

    The list is available on the SECP website...

  • Pakistan to develop ICT infrastructure to bridge digital divide: Mamnoon

    BEIJING: President Mamnoon Hussain, speaking at the second annual World Internet Conference in Wuzhen, China, on Wednesday, said Pakistan is pursuing a vision of accelerated digitisation in order to transform itself into a knowledge-based economy, Radio Pakistan reported...

    Our focus remains on development of Information and Communications Technology (ICT) infrastructure, he said, with special emphasis on serving marginalised segments...

  • ‘No boost in infrastructure investments in Pakistan’

    WASHINGTON: Brazil, Turkey, Peru, Colombia and India were among the five top destinations for infrastructure investments in 2014, says a World Bank report released on Wednesday...

    Pakistan, however, is not among the countries that received significant investments, though it implemented a total of two energy projects, both in renewable energy: Jhimpir power plant and Sapphire Jhimpir wind farm...

  • ADB approves $6 billion to build Pakistan's power infrastructure

    KARACHI: The Asian Development Bank on Tuesday approved a $6 billion loan to help build up Pakistan's dilapidated power network and other key infrastructure, Islamabad said...

    “(The ADB) agreed to finance US$6 billion for the next five years in Pakistan,” an economic affairs ministry statement said, adding that the funds would help Pakistan tackle a long-running electricity crisis...

  • ADB to provide Pakistan $1.2 billion for infrastructure development

    2 billion assistance package to Pakistan, the major chunk of which will be spent for improving power, transport, agriculture and urban service sectors, Radio Pakistan reported on Saturday...

    According to the agreement, the bank in its new five year partnership strategy with Pakistan will provide the amount annually for infrastructure development and institutional reforms...

  • Pakistan – the time to focus on infrastructure is now

    As tensions rose between India and Pakistan after a recent terrorist attack on an Indian Army contingent, focus shifted to the Indus Waters Treaty...

    As Indian commentators asked for the scrapping, or suspension of the treaty, and the Indian Prime Minister is reported to have said, “Both blood and water cannot flow,” anxiety increased in Pakistan...

  • Pakistan lack infrastructure, venues to host South Asian Games

    It is a million dollar question that where will Pakistan be hosting the South Asian Games whenever its turn comes...

    Strangely, there was no word or recommendations made by the Pakistan Olympic Association (POA) to the government at the much talked about sports seminar — The Way Forward — held under their auspices at Lahore in January...

  • Pakistan yet to develop infrastructure for 5G launch: GSMA head

    ISLAMABAD: Pakistan still needs huge investments to develop an enabling environment and the required infrastructure to launch 5G, said Julian Gorman, the head of GSMA Asia-Pacific, on Thursday...

    Talking to the media, Mr Gorman expressed his disappointment that the situation had not changed much since he visited Pakistan three years ago regarding the Digital Pakistan initiative...

  • Pakistan receives $500m from Asian Infrastructure Investment Bank

    Finance Minister Ishaq Dar announced on Tuesday that the Asian Infrastructure Investment Bank (AIIB) had transferred Rs500 million to the State Bank of Pakistan (SBP)...

    “AIIB has transferred today, as per their board’s approval, to State Bank of Pakistan/Government of Pakistan $500 million as programme financing,” the minister said on Twitter Earlier this month, the finance minister had said...

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