Re: Infrastructure & Development Projects: Pakistan
Re: Infrastructure & Development Projects: Pakistan
***ISL-RWP Metro
Lahore METRO
Re: Infrastructure & Development Projects: Pakistan
***LAHORE
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Re: Infrastructure & Development Projects: Pakistan
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PML(N) [Official]** @pmln_org](https://twitter.com/pmln_org) 23h23 hours ago
**Chief Minster Punjab Shehbaz sharif attends Dolphin Force’s passing out parade **
Re: Infrastructure & Development Projects: Pakistan
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PML(N) [Official] @pmln_org](https://twitter.com/pmln_org) 5h5 hours ago
**President of Iran Mr. Hassan Rouhani has arrived at Nur Khan Airbase. PM Nawaz Sharif is receiving the President
**
Re: Infrastructure & Development Projects: Pakistan
***LAHORE
Re: Infrastructure & Development Projects: Pakistan
Pakistan, Iran plan to take annual trade to $5b
By Peer Muhammad
Published: March 26, 2016
PHOTO: AFP/FILE
ISLAMABAD: Pakistan and Iran have planned to undertake scores of pragmatic steps under the five-year Strategic Trade Cooperation Plan in order to enhance annual trade to $5 billion.
The five-year plan will be signed by the Iranian minister for industry, mines and trade and Pakistan’s Commerce Minister Khurram Dastgir during the current visit of Iranian President Hasan Rouhani in the wake of lifting of international sanctions from Tehran.
The document of strategic cooperation states in view of decline in bilateral trade over the past several years, it needs to be raised to $5 billion annually in five years and to further higher levels subsequently.
A large number of challenges have been identified that should be addressed to achieve the trade objective.
The two countries will establish a mechanism to cope with issues hampering bilateral trade such as non-tariff barriers, absence of a mutual recognition agreement, lack of banking facilities, infrastructure bottlenecks and trade through informal channels.
In addition to strengthening the existing institutional arrangements, a separate mechanism on expert and technical levels will be put in place to deal with such issues and oversee implementation of the plan.
The two sides underline that for giving a fresh boost to bilateral trade and opening up commerce and investment, they need to offer market access under formal agreements.
In this regard, in addition to the preferential trade agreement (PTA), which has been in force since September 2006 and is being reviewed for better performance in line with the changed scenario after the lifting of sanctions, the two countries will enter into negotiations for a free trade agreement including trade in goods, services and investments.
](Bilateral relations: ‘Develop trade ties with Iran’)
They agree to move forward at a fast pace to conclude FTA negotiations, effectively implement the PTA, establish appropriate mechanisms for coordination in upcoming rounds of FTA talks and periodically monitor the progress.
Prior to first meeting of the joint working group that has already been established, Pakistan will share a draft framework of the FTA with Iran by the end of April this year and Tehran will give its response by the end of May.
The framework agreement will deal with trade in goods, trade facilitation, rules of origin and dispute settlement. Negotiations will conclude in one and a half years from June 2016 to December 2017 unless the two sides agree on an extension.
They will also try to open two more crossing points on the border, preferably by the end of 2016, potentially at Gabd and Mand on the Pakistan side and Reemdan and Pishin on the Iranian side.
](http://tribune.com.pk/story/1071781/iranian-president-calls-for-sanction-free-ties-with-pakistan/)
The Trade Development Authority of Pakistan and the Iranian Trade Promotion Organisation will jointly draw up a comprehensive programme of promotional activities including single-country exhibitions, sharing of commercial intelligence and exchange of business delegations.
Under the five-year plan, the Pak-Iran Joint Business Council will be re-activated and a joint chamber of commerce and industry will be established. They will consider exempting bona fide businesspersons from seeking visa for commercial visits.
*
Published in The Express Tribune, March 26[SUP]th[/SUP], 2016.
IP can start pumping gas to Pakistan in months, says Rowhani
By Abdul Manan
Published: March 27, 2016
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Iranian President addressing a press conference at a local hotel. PHOTO: APP
ISLAMABAD: The Iranian president said on Saturday his country had completed work on its side of a multibillion-dollar gas pipeline, and would be in a position to provide gas to Pakistan in a few months.
Hassan Rowhani was speaking at a news conference at the end of his two-day visit that focused on increasing Pakistan’s electricity imports from Iran, boosting bilateral trade ties and reviving plans for the $7 billion gas pipeline between the two countries.
Iranian president calls for ‘sanction-free’ ties with Pakistan
“Iran has constructed this gas pipeline up to the border of Pakistan and we are ready to deliver gas to Pakistan at our borders. We have almost completed our share,” Rowhani said. “It is now up to Pakistan to initiate work on its side.”
Dubbed the ‘peace pipeline’, the project has faced repeated delays since it was conceived in the 1990s to connect Iran’s giant South Pars gas field to India via Pakistan. India quit the project in 2009, citing costs and security issues, a year after it signed a nuclear deal with Washington.
The Iranian leader said his country was also interested in connectivity between Gwadar and the Chabahar ports through roads and shipping lines. He also stressed the need to secure border with Pakistan.
President Rowhani said his country could meet all the energy, fuel and electricity needs of Pakistan. Iran is already selling 1,000MW of electricity to Pakistan and will increase this up to 3,000MW, he added.
Speaking at a business conference with the Iranian leader earlier in the day, Prime Minister Nawaz Sharif said Islamabad and Tehran had signed an agreement to increase annual bilateral trade volumes to $5 billion by 2021.
Trade between Pakistan and Iran fell to $432 million in 2010-11 from $1.32 billion in 2008-09, according to the Trade Development Authority of Pakistan.
“Iran has the capability to help the development of the economic infrastructure of Pakistan including roads, railways dams and others area,” Rowhani said in his speech at the Pakistan-Iran Business Forum.
](Bilateral relations: ‘Develop trade ties with Iran’)
“Pakistani nation should be assured that Iran, as a strategic partner for the Pakistani nation, will always explore its potential in the field of oil and gas to satisfy the needs of Pakistani nation,” he said.
Rowhani assured Pakistan that provision of its energy security is Iran’s responsibility. He also reiterated bilateral commitment to take volume of trade to $ 5 billion within next five years.
“I announce that Iran is responsible for provision of Pakistan’s energy security. Based on our commitments in the area of electricity, based on our commitment in the area of gas – we have fulfilled our responsibility and will fulfill in the future,” Rowhani said in translated comment.
The Iranian president also drew attention of both the countries to complement each other as in today’s era the development of states was inter-linked. He highlighted the areas in which his country was enormously rich like gas, electricity, technical education, engineering besides construction of roads, dams and rail network.
“The tradesmen, entrepreneurs and the state sector should cooperate in order to realise that Iran after its nuclear agreement and in the post-sanctions era is an emerging economy and will play its role in the area,” he said.
Claiming that bilateral ties were rooted in the historic, cultural and religious bonds, Rowhani said both the countries should establish a partnership in the fields of transit and tourism.
Re: Infrastructure & Development Projects: Pakistan
ECC APPROVAL BEING SOUGHT FOR NORTH-SOUTH GAS PIPELINE PROJECT: OFFICIAL
Wednesday, 30 March 2016 14:41
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ISLAMABAD: Ministry of Petroleum and Natural Resources is seeking necessary approval from the Economic Coordination Committee (ECC) of the Federal Cabinet to execute the $2 billion North- South gas pipeline project, a senior official of the ministry said Wednesday.
“The contract parties are presently evaluating the contract model, structure including financing issues, issuance of sovereign guarantee for gas volume off take (1.2 bcfd) and other implementation related issues for which necessary approvals are being sought from ECC of the Cabinet,” he told APP.
Earlier, he said, the ECC had okayed the project on January 10, 2015, but now the ministry needed further approval of some technical and financial aspects of the pipeline.
Under the project, a 1100 kilometer pipeline from Karachi to Lahore with Russian investment of $2 billion would be built.
He said Russia had nominated RT-Global Resources (RT-GR) company, while Pakistan had designated Inter State Gas System ISGS (Private) Limited to execute the project in liaison with Sui Northern Gas Pipeline Limited and Sui Southern Gas Company Limited, under the government-to-government agreement between the two countries.
He said the pipeline was being constructed on built operate and transfer (BOT) basis, which would connect liquified natural gas (LNG) terminals located in Karachi with those of Lahore.
He said the companies had been mandated to define the technical and economic parameters of the project, signed on October 16, 2015, within 12 months from the signing of the agreement.
Following the agreement, the official said the techno-commercial negotiations between the nominated entities RT-GR and ISGS had been initiated.
He said the preliminary study of the proposed route corridor had been completed and a couple of negotiation rounds had been held between the companies for the project implementation, adding “the commercial negotiations are expected to take three to four months.”
He said the project would not only help transport Regassified Liquified Natural Gas but also give transport capabilities for the Iran-
Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline projects “Which are expected to come on line in next three to five years.”
“Pakistan is passing through a severe energy crisis and the project will prove to be a milestone to overcome it,” he remarked
CPEC’s western route clears another hurdle
By Shahbaz Rana
Published: March 31, 2016
PHOTO: REUTERS
ISLAMABAD: In a first concrete step towards implementing the decisions of last year’s all-party conference (APC), the government cleared on Wednesday construction of the 285-kilometre long western route of the China-Pakistan Economic Corridor (CPEC).
The Central Development Working Party (CDWP) cleared the **Hakla-Dera Ismail Khan four-lane expressway at an estimated cost of Rs 129.8 billion, **which will link the undeveloped areas of Punjab and Khyber-Pakhtunkhwa with the CPEC road network.
**First phase of CPEC to be completed by 2017
**
The CDWP also approved another project at a cost of Rs13.6 billion to acquire land for construction of this western route.
Both the projects will now be placed before the Executive Committee of the National Economic Council (Ecnec) for final approval. The CDWP has the mandate to approve projects worth up to Rs3 billion and recommends higher cost schemes for the final approval of Ecnec.
Headed by Planning Minister Ahsan Iqbal, the CDWP sanctioned Rs 218.2 billion worth of development projects, including seven projects worth Rs 203.5 billion which were referred to Ecnec.
An APC had recommended that the government give priority to the western route of CPEC, which passes through some of the hinterlands of the country and can help address the issue of poverty in these areas. The government had initially preferred the eastern route and allocated more than 90% of CPEC funding for its earlier completion.
The Hakla-Dera Ismail Khan road will be completed by June 2018 and work is expected to begin by the middle of this year. The proposed motorway will be built as a controlled access facility and includes provision of 11 interchanges, 19 flyovers, 15 bridges, 74 underpasses, 259 culverts and three major bridges.
The new proposed road network will facilitate the traffic in backward areas of Punjab and K-P.
The proposed alignment will start near Hakla on M-1 motorway and after traversing through Fatehjang, Pindigheb, Tarap, Daudkhel, Mianwali, Isa Khel, Kundal, Rehmani Khel, Abdul Khel, Paniala and will end near Yarik on N-55.
Ahsan Iqbal said this portion of western route is being built as per the decisions of the APC held in May last year.
The project envisages acquisition of 7,575 acres of land for construction of the expressway. The average unit cost of project is Rs1.8 million per acre, which is slightly on the lower side when compared with the unit cost of the Rs1.97 million per acre of Sukkur-Multan section of the eastern route.
The proposed alignment of the project along the western route of CPEC has been taken up as agreed during the 5th Joint Coordination Committee meeting between China and Pakistan that took place in November 2015.
The CDWP also recommended a project for installation of Ship Lift and Transfer System to provide facilities to surface ships, submarines and commercial vessels up to Dead Weight 7.781 tons net lifting capacity at the cost of Rs9.8 billion.
The original cost of the project was Rs3 billion. This will enhance repair and maintenance capability of by than 13 vessels at a time, provide strategic launch facility for newly constructed submarines in Pakistan and increase its ship repairing and building capacities by 300%.
In the energy sector, the CDWP recommended Golan Gol Hydro Power Project at a cost of Rs28.4 billion for the approval of the Ecnec. It also a 500KV Islamabad West project at the cost of Rs3.6 billion to Ecnec.
The CDWP deferred the approval of Nai Gaj Dam due to objections over its cost and non-availability of funding. The original PC-I of the project was approved by the ECNEC in 2009 at a cost of Rs16.9 billion, which in 2012 was revised to Rs26.2 billion. Now the Wapda has sought another revision, increasing the cost to Rs46.6 billion.
*
Published in The Express Tribune, March 31[SUP]st[/SUP], 2016
*Qatar interested in building power plants in Pakistan
ISLAMABAD: The Qatar government has expressed its interest in building two power plants in Pakistan for which the initial feasibility study is in progress, said Ambassador of Qatar to Pakistan Saqr Bin Mubarak Al-Mansouri while talking to members of the Islamabad Chamber of Commerce and Industry (ICCI).
“Qatari and Chinese companies are already working on four coal-based power plants in Pakistan. The construction of these plants would go a long way in reducing Pakistan’s energy problems,” the ambassador was quoted as saying.
Referring to the recent deal between Pakistan and Qatar, the ambassador said the Middle Eastern country was giving priority to Pakistan in promoting trade and economic relations. “This is a positive development in bringing the two countries even closer.
“The next meeting of the Qatar-Pakistan Joint Ministerial Committee will be held in Pakistan this year, which would be a good forum to discuss new areas of mutual cooperation,” he informed, adding that over 112,000 Pakistanis were working in Qatar and making useful contribution to its economic development.
“Qatar also plans to import more manpower from Pakistan for various on-going projects.”
Al-Mansouri was of the view that exchange of trade delegations was an effective tool to explore new areas of trade promotion.
The country already imports many products from Pakistan including rice, medical equipment, medicines, sports goods, dry fruits, leather products and fish.
“Qatar has allowed foreign investment in specific sectors and Pakistani investors should take advantage of such incentives,” said the ambassador.
“Both countries have great potential to enhance cooperation in many fields and the Qatari embassy is ready to cooperate with Pakistani entrepreneurs in finding out new avenues in our country,” he added.
Re: Infrastructure & Development Projects: Pakistan
Pakistan team to visit Iran soon for finalising gas deal
By APP
Published: April 2, 2016
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PHOTO: AFP
ISLAMABAD: National Iranian Gas Exporting Company Managing Director Ali Reza Kameli has announced that a Pakistani delegation will come to Tehran soon in a bid to finalise a gas agreement reached between the two countries during President Hassan Rouhani’s recent visit to Islamabad.
According to Iranian News Agency (Irna), Kameli highlighted the achievements of Rouhani’s visit, saying during parleys Iranian Oil Minister Bijan Namdar Zanganeh discussed different economic issues as well as how to address the problems related to contracts for gas export to Pakistan, which resulted in a tacit agreement between the two neighbours.
“The two sides agreed to finalise the agreement during the upcoming trip of a Pakistani delegation to Iran in order to start gas exports to Pakistan,” he said. “We believe that gas contracts can consolidate economic and cultural relations given the emphasis laid by Rouhani on cooperation in gas supply to neighbouring countries, especially Pakistan.”
Quoting Central Bank of Iran Director General for International Affairs Hossein Yaqobi Miab, Irna said Bank Melli Iran would win permission in the next few days for opening its branches in Pakistan.
Miab revealed that Pakistani officials had promised that they would give the go-ahead as soon as they received a request from Bank Melli.
He told Irna that in the wake of implementation of a comprehensive plan of action, Iran and Pakistan had kicked off talks about forging banking cooperation keeping in view the fresh developments, which led to the finalisation of an agreement between the two sides.
Articles of the agreement are being applied, including the opening of Iranian central bank accounts in the State Bank of Pakistan, Iran’s entry into the Asian Clearing Union and setting up a joint banking committee comprising Iranian and Pakistani banks.
According to Miab, the SWIFT system has been put in place and now Iran and Pakistan will use their national systems to support bank credit cards, enabling citizens of both countries to use the ATM system for transactions.
A group of IT experts from the Central Bank of Iran is due to go on a trip to Pakistan to prepare the groundwork for sorting out technical details. “Four Pakistani banks are also eager to open branches in Iran,” he said.
*
Published in The Express Tribune, April 2[SUP]nd[/SUP], 2016.*
Re: Infrastructure & Development Projects: Pakistan
Re: Infrastructure & Development Projects: Pakistan
***UET LHR
Re: Infrastructure & Development Projects: Pakistan
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**
Umar Saif** @umarsaif](https://twitter.com/umarsaif) 3h3 hours ago
**Lahore (Multan and Pindi) to get free WiFi in the next few months. You are welcome:-) **
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Re: Infrastructure & Development Projects: Pakistan
You forgot to list these projects!!
Re: Infrastructure & Development Projects: Pakistan
I am not defending Sharifs but why are you so surprised about the family that owned Pak biggest industrial conglomerate back in 60s & 70s could not buy some property in UK ?
Re: Infrastructure & Development Projects: Pakistan
Universities on western route of CPEC to start this year
ISLAMABAD: Planning, Development and Reform Minister Ahsan Iqbal has said that universities in Fata, Zhob, Gwadar and those located on western route of the China-Pakistan Economic Corridor (CPEC) will start functioning this year and produce quality human resource for the CPEC.
These institutes are part of the government’s efforts along with the focus on infrastructure development and energy production through the mega development programme.
He made the remarks at a seminar on the “China-Pakistan Economic Corridor; Opportunities and Challenges”, organised by Preston University at the National Library, where he was the chief guest.
Iqbal described the CPEC as a trans-regional project that would benefit three billion people of the region and through enhanced connectivity with other countries, it would play an instrumental role in integrating the whole region.
He dispelled the impression that the CPEC would benefit any single province and said this controversy was political and had no relevance with facts, adding there was a consensus among all parties on developing the corridor.
**“CPEC would benefit the most backward areas of the country and this change can be seen in the emerging human settlements on sections of the western route from Quetta to Gwadar, which is scheduled to be completed by the end of this year.” **
He said the completion of western and central routes would bring a new era of development and prosperity in Balochistan.
**Referring to energy projects, he said Sindh was the largest recipient of projects where $11.5 billion of the $35 billion worth of energy schemes were being implemented under the CPEC.
**
Iqbal said the CPEC was not a project restricted to the current government’s tenure but it was a 15-year venture expected to be completed by 2030. It would focus on infrastructure development, Gwadar seaport, energy and industrial cooperation.
Along with the CPEC, the Tapi gas pipeline and CASA-1,000 power import projects would redefine cooperation in western Asia.
Iqbal called on scholars and the academia to join hands with the government to tackle the challenges facing the CPEC in the optimal utilisation of its potential.
Re: Infrastructure & Development Projects: Pakistan
SINDH | Port Qasim Coal Fired Power Project | 1,320 MW | U/C
The 1,320 megawatt Pakistan Port Qasim Power Project comprises two 1320 megawatt coal power plants which have been under construction since** May 2015 **as part of the China–Pakistan Economic Corridor. The $2.09 billion project will be located on 204 acres at Port Qasim, 37 kilometers east of Karachi in Sindh Province.The project is to be part of a group of **14 energy projects which fall under the fast-tracked “Early Harvest” program of the $46 billion China Pakistan Economic Corridor project.
**
**Neelum Jhelum: Opening Ceremony of Radial gates 1st and 2nd
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Re: Infrastructure & Development Projects: Pakistan
**Quetta Airport… Expansion work Underway
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**Faisalabad Airport Expansion
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Peshawar Airport Terminal Building expansion work in progress
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Re: Infrastructure & Development Projects: Pakistan
Reconstruction of Karakorum Highway (KKH)
**Quaid-e-Azam Solar Park
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**President Club Bahria Town Karachi
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Re: Infrastructure & Development Projects: Pakistan
**President Club Bahria Town Karachi
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