Pakistan News

    Project Private Finance In Hyderabad Charminar

  • Anti-poverty groups question private finance for development

    WASHINGTON: Gover­nments increasingly are turning to private investors to build infrastructure and deliver public services, but European anti-poverty groups question the benefits of relying on this financing tool to achieve development goals...

    These projects, known as public-private partnerships (PPPs), are often very costly, the public sector takes on most of the risk, and secrecy often shrouds how PPPs are negotiated and managed,...

  • Centre removes all bottlenecks to launch Sukkur-Hyderabad motorway project

    KARACHI: The federal government has removed all financial and technical hurdles in the way of the construction of the 306-kilometre-long Sukkur-Hyderabad motorway, which is being described as the biggest project in the development package announced by Prime Minister Imran Khan for Sindh last month...

    A recent meeting of the Public-Private Partnership Authority chaired by Federal Minister for Planning, Development & Special Initiatives...

  • ADB, AIIB to finance $100m highway project

    ISLAMABAD: The Asian Development Bank (ADB) on Friday approved a $100 million loan for a highway project in Pakistan that will mark its first co-financing with the Asian Infrastructure Investment Bank (AIIB)...

    The Department for International Development (DFID) of the United Kingdom has also committed a $34m grant for the project...

  • WB likely to finance $375m Trans-Khyber Pass project

    ISLAMABAD: The World Bank is actively considering financing of the ‘Trans-Khyber Pass’ project which will serve as gateway for Pakistan’s trade to Central Asia’ and give further impetus to growing Pak-Afghan trade...

    In this regard, Pakistan has formally submitted the project to the World Bank for possible financing while the bank is seriously considering the project...

  • ADB agrees to finance Red Line BRT project

    KARACHI: The Asian Development Bank (ADB) has agreed to finance and support the Red Line Bus Rapid Transit (BRT) project starting from Manghopir to Numaish areas...

    Liepach, and discussed enhancement of public-private partnership (PPP) on different projects...

  • WB, AIIB to finance project for safe water supply in Karachi

    ISLAMABAD: The World Bank and the Asian Infrastructure Investment Bank (AIIB) will co-finance a project to raise the Karachi Water Supply Board’s operational capacity to deliver safe and reliable water service on a sustainable and predictable basis to all its customers in the provincial capital...

    The Beijing-based AIIB has approved the concept decision on the Karachi Water and Sewerage Services Improvement project for which the...

  • World Bank to finance Khyber Pass Economic Corridor project with a loan of $406.6 million

    6 million for the Khyber Pass Economic Corridor (KPEC) project which will promote economic development and uplift areas adjoining the expressway and falling in Khyber Pakhtunkhwa (KP)...

    Economic Affairs Division Secretary Dr Syed Pervaiz Abbas signed the project loan agreement on behalf of the government while a representative of National Highway Authority signed the project agreement...

  • World Bank plans to finance Sindh education project

    ISLAMABAD: The World Bank plans to finance an education programme of Sindh government with a loan of $100 million to improve the quality of teaching practices and student retention in early-grade primary classrooms in 10 selected districts of the province, it emerged recently...

    Appraisal of the “Sindh Early Learning Enhancement through Classroom Transformation” project is expected to start in March this year, while the loan from the...

  • Punjab private schools ordinance: Steps to regulate private institutes at long last

    LAHORE: Responding to the public outcry over enhanced fees, the Punjab government on Saturday promulgated the Punjab Private Educational Institutions (Promotion and Regulation Amendment) Ordinance 2015 to regulate the affairs of the private schools...

    A good number of parents of students seeking education in private schools have been protesting in Islamabad, Lahore, Karachi and elsewhere against the owners of the institutions for...

  • Sectarian tension in Hyderabad localities subsides

    HYDERABAD: Residents of Gujrati Para, Gulshan-i-Hamid and some other localities held a protest demonstration after Juma prayers against some statements made by the prayer leader of the Jama Masjid Rais, located in neighbouring Gulshan-i-Rais, a couple of days back...

  • Murder, rape convict executed in Hyderabad

    A man convicted of rape and murder was executed early Tuesday morning at the Hyderabad Central Prison...

    This is the first execution to take place in Hyderabad since 2015, when two death-row prisoners convicted for the 1998 hijacking of a PIA Fokker were executed in Karachi and Hyderabad jails...

  • Anti-drugs rally held in Hyderabad

    HYDERABAD: A rally against drugs was taken out by a number of students of public and private schools and colleges along with scores of police officials on Thursday...

    According to a Hyderabad police spokesperson, district police launched the anti-drug campaign from Nov 17 to 23 in collaboration with the Crime and Human Rights Cell set up at Hyderabad SSP office...

  • Three-day Sufi festival gets under way in Hyderabad

    HYDERABAD: A three-day festival titled ‘Sindh Sufi melo’ was inaugurated by by Sindh Senior Minister for Food and Parliamentary Affairs Nisar Ahmed Khuhro in Hyderabad Club on Sunday...

    Senator Aajiz Dhamra, Auqaf Minister Ghulam Shah Jillani, PPP Hyderabad district president Saghir Qureshi and information secretary Ahsan Abro were among the prominent figures who were present...

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