Infrastructure Development in Pakistan

[Muhammad Omar]

Islamabad-Rawalpindi Metro Bus

 

[Najam Khan]

Islamabad-Rawalpindi Metro Bus

Unfortunately this project was not required in for ISB-RWP.
Now since it has been running since few months now, so Lets hope it gets completed.

 

[Muhammad Omar]

Unfortunately this project was not required in for ISB-RWP.
Now since it has been running since few months now, so Lets hope it gets completed.

it's been discussed now thousand times weather we need it or not we need or not.. just let them build what they are building if someone don't like it don't see it and don't travel in it....

 

[TheFlyingPretzel]

Unfortunately this project was not required in for ISB-RWP.
Now since it has been running since few months now, so Lets hope it gets completed.

I live in Islamabad and I beg to differ. This project was of the utmost necessity. Commuting to RWP takes hours during peak times, and this project will cut that by more than half, increasing productivity manifold.

 

[nomi007]

Rohtas Fort

 

[Muhammad Omar]

Rohtas Fort
View attachment 157811

i think you forgot to read the Title of this Thread

 

[Muhammad Omar]

BTK will build 2 METRO BUS PROJECTS , Sohrab Goth to Tower and Sohrab Goth to Korangi. Cost of these projects will be 70 Billion Rupees.

2 Universities 1 in Karachi and 1 in Hyderabad by Malik Riaz ( Altaf Hussain University )

 

[Muhammad Omar]

Saad Rafique inaugurates cargo train to ply between Lahore, Karachi

LAHORE: Railways Minister Khawaja Saad Rafique has inaugurated a cargo train at Badami Bagh railway station. The train will ply between Lahore and Karachi.

The minister told media that the train would earn huge revenue. He said business community of Lahore and Karachi would benefit from the cargo train after a long time. The train would ply 6 days a week, he added.

The minister said Pakistan Railways has increased the revenue target from Rs 28 billion to Rs 31 billion for the fiscal year 2014-15 and would chase it before the deadline.

He said more low-fare trains will be plied to facilitate the business community. Saad said the ministry has already decreased the fares and would be decreased more in the coming days to facilitate passengers and the business community.

More cargo trains for Lahore, Karachi and between Lahore and Multan and Lahore to Sukkur will also be started soon, the minister concluded.
__________________

 

[Muhammad Omar]

3D Model of the Station

 

[Muhammad Omar]

Recently opened Habitt store on Shahrah-e-Faisal

 

[Sulman Badshah]

Pakistani firm targeting global expansion

Plagued by energy crisis and security concerns, aggressive business expansion is not on the agenda of many in the country. STOCK IMAGE

KARACHI:
Pakistan hardly makes the news for positive developments. An aura of negativity has crept in with most failing to acknowledge the good that comes along every now and then.

Businesses in Pakistan face the same issue. Plagued by energy crisis and security concerns, aggressive expansion is not on the agenda of many.

However, the country’s e2e (end-to-end) Supply Chain Management (SCM), as part of its global expansion plan, has established premises in Singapore in a bid to tap into important emerging markets in Southeast Asia.

The company’s strategy is to enter the economic hubs of their respective regions, says its chief.

“The e2e management has long been committed to the high growth in Southeast Asia Market. We see Singapore as a strategic economic hub,” e2e SCM’s Chief Executive Officer Abid Butt said, adding that the new office would focus on Pakistan-based businesses [their prevailing clientele] and explore new business opportunities in emerging markets that are controlled from Singapore.

Establishing an office in Singapore is an important step towards opening future avenues into markets of Indonesia, Malaysia, Philippines and Thailand, the CEO said.

However, this development is only a small move towards implementing the bigger game plan —planning to expand its operations in other economic hubs in the Middle East and Far East regions.

“As part of our aggressive expansion plans, we are launching our Dubai office in December and going to Hong Kong next year,” the CEO told The Express Tribune in a telephonic interview.

“Our objective is to become a global player and the best strategy to achieve this goal is to enter the regional economic hubs and expand from there,” the INSEAD graduate said responding to a question about the company’s growth plans.

The CEO explained that the purpose of going to places such as Singapore, Dubai and Hong Kong is simple — you can control other markets from these economic hubs. Giving an example, he said a lot of business decisions regarding Indonesia are taken in Singapore, not in Indonesia. “I have been to these places and I know the importance of being there.”

Acknowledging the challenges associated with entry to a mature market, Butt said, “It is our second strategy, which is focused on reducing the business risk.

“Our global competitors are expanding into frontier markets in Africa but we are already in a frontier market. It doesn’t make sense to enter another frontier market, which will only increase the risks.”

This may not be a bad strategy as the company already got off to a humble beginning in Singapore. “Our volumes in Singapore are already close to 20% of our Pakistan turnover,” Butt said.

Though it will be challenging for a new player to grab a share in the far more developed markets of Singapore, Dubai and Hong Kong, Butt’s strong international background in the logistics and supply chain areas is likely to help him.

It was his international exposure and expertise that helped e2e grow its revenues by a massive 1,918% between 2008 and 2010 and become the Pakistan’s fastest growing company on the list of AllWorld Network, an international ranking system for growth companies in emerging markets.

THE WRITER IS A STAFF CORRESPONDENT

 

[Sulman Badshah]

Investment in Gwadar: China to help build $3b LNG pipeline and terminal

The LNG pipeline will be extended from Gwadar to Iran for gas import when sanctions on Tehran are lifted. Its capacity will be one billion cubic feet per day. PHOTO: FILE

ISLAMABAD: The $45-billion worth of agreements signed by Pakistan and China earlier this month included a multibillion-dollar LNG pipeline and terminal deal, which will work as an alternative to the troubled gas import project with Iran as the pipeline will be extended to the Gulf state after international sanctions are lifted.

“The agreement was signed during Prime Minister Nawaz Sharif’s visit to China. It is a state-to-state deal and no bidding will be held for the award of contract,” an official told The Express Tribune.

According to initial estimates, the project is expected to cost $3 billion – $1 billion will be needed to lay the pipeline from Gwadar and over $2 billion will be required to construct the terminal with liquefied natural gas (LNG) handling and re-gasification facilities and to develop large storages.

China will meet 85% of the financing needs for constructing the LNG pipeline from Gwadar Port to Nawabshah.

The Ministry of Petroleum and Natural Resources is seeking the support of economic decision-makers for relaxing the Public Procurement Regulatory Authority (PPRA) rules.

“The ministry will approach the Economic Coordination Committee (ECC) to win its approval for easing PPRA rules,” the official said. “This will clear the way for direct award of a lucrative contract to a Chinese state-owned company.”

This will be the second LNG terminal in the country as a fast-track terminal is already being built by Elengy Terminal Pakistan Limited (ETPL) at the Port Qasim, which is likely to be completed in February next year.

The LNG pipeline will be extended from Gwadar to Iran for gas import when sanctions on Tehran are lifted. Its capacity will be one billion cubic feet per day.

The pipeline will have the same specifications that were proposed for the Iran-Pakistan gas pipeline including a diameter of 42 inches.

According to officials, since Pakistan has not been able to lay a 781km pipeline from the Iranian border to Nawabshah because of its failure to tap foreign finances, it has decided to build the pipeline from Gwadar to Nawabshah in partnership with China.

This will transport at least 500 million cubic feet of gas per day (mmcfd) after re-gasification of imported LNG.

Hopes were high as the US and Iran were engaged in crucial negotiations to settle the dispute over Tehran’s nuclear programme with a strong possibility that they would reach a compromise, officials say.

The economic decision-makers have already made their mind that before the curbs are removed they will not push ahead with the gas pipeline project with Iran to avoid its repercussions for Pakistani companies.

The terminal planned at the Gwadar Port will have the capacity to handle 690 mmcfd of LNG. Apart from this, large storages will be constructed at the port from where the LNG, after re-gasification, will be transported to Nawabshah, where it will be injected into the national gas network.

 

[Sulman Badshah]

French delegation to visit Pakistan

Lahore Chamber of Commerce and Industry (LCCI) President Ijaz A Mumtaz presenting a memento to French Ambassador Martine Dorence. PHOTO: NNI

LAHORE: French Ambassador Martine Dorence has said that a large business delegation from France will visit Pakistan at the beginning of next year in a bid to strengthen trade and economic relations between the two countries.

She was talking to the Lahore Chamber of Commerce and Industry (LCCI) President Ijaz A Mumtaz on Monday. The ambassador said that delegations would not only cement ties between the two countries but also pave way for new business ventures.

She said that large French companies have recognised Pakistan’s potential and are interested to make investments. Dorence added that French multinationals had maintained a visible presence in sectors like pharmaceuticals, telecommunication equipment, oil marketing, textile and food processing.

The ambassador said not only France, but the whole world is interested in a stabilised Pakistan. She said France would take every possible step to help Pakistan in coping with the challenges it’s facing.

Speaking on the occasion, Mumtaz said that France is one of the few countries that has been playing an active role in building diplomatic relations with Pakistan.

The LCCI chief added that France is ranked in terms of its exports to Pakistan, while it is fourth in imports from the country. He said that the volume of total bilateral trade between the two countries has been below $1 billion despite massive potential.

He said Pakistan’s exports to France average under $400 million and there is also a decreasing trend in imports from France. He said there was a dire need to make joint efforts to bring positive changes.

 

[Sulman Badshah]

 

[Sulman Badshah]

Dry Port In Sargodha To be constructed



President Mamnoon Hussain stressed for construction of a dry port and establishment of an industrial estate in Sargodha for enhanced economic activities in the city.
Talking to a delegation of Sargodha Chamber of Commerce and Industry here at the Aiwan-e-Sadr, the President called for speedy measures to construction of the dry port to increase the export of Kinnow abroad.
He asked the Sargodha Chamber of Commerce to finalize the feasibility report of dry port at the earliest.
The President said the dry port in Sargodha would also help promotion of other industries.
He took notice of the complaint regarding monopoly of the country’s potato exporters in Russia and said the monopoly would be abolished.
The President proposed reduction in taxes on export of Kinnow to Sri Lanka and said the model of Indonesia should be followed in this regard.