Quetta: The Balochistan and Federal governments on Thursday (December 15) have signed an agreement with the Canadian company Barrick Gold to resume mining activities at Reko Diq, news sources reported. The agreement has taken effect from December 16, nullifying the USD 6.5 billion penalty imposed by an international arbitration court. Representatives of Barrick Gold Corporation and the Federal and...
Islamabad: The Capital Development Authority (CDA) has decided to ban construction along all revenue roads located in Zone IV and V of Islamabad in order to address the worsening issue of traffic congestion, news sources reported on December 17. In this regard, a summary has been prepared and will be presented before the CDA board of directors, prohibiting any new construction within 50 feet of these...
ISLAMABAD: The Capital Development Authority intends to create a separate Islamabad Public Transport Wing to manage the Metro Bus Services. (Reported by news source) The National Highway Authority and CDA proposed creating a service that would operate similarly to the Punjab Mass Transit Authority and manage the metro bus service in the nation's capital. Additionally, the green and blue lines of the...
ISLAMABAD: On Friday, Prime Minister Shehbaz Sharif gave the appropriate authorities instructions to create housing societies and contemporary residences for Pakistanis living abroad in the federal capital. (Reported by news source) During a high-level discussion on Pakistanis living abroad investing in the property market in Islamabad, the prime minister said reputable, seasoned companies should be...
MULTAN: According to Capt. (R) Saqib Zafar, Additional Chief Secretary (ACS) for South Punjab, the Punjab government has allotted an additional Rs 1 billion for the building and extension of Mattital Road. (Reported by news source) Saqib Zafar added that the project's projected total cost is Rs 2.5 billion and that the 21-kilometer-long Mattital road will be built as a two-way roadway. The work on a...
LAHORE: Foreign investors are now permitted to do business in the province, as the government seeks to industrialize Punjab to strengthen the local economy. (Reported by news source) In a meeting, the Punjab government decided to lease industrial lands to foreign investors, for which a comprehensive and alluring leasing policy will be developed. The Special Economic Zones of Punjab, according to...
LAHORE: The chief minister of Punjab, Chaudhry Pervaiz Elahi has consented to give the Ravi Urban Development Authority (RUDA) a list of all housing developments that are situated within its administrative boundaries. (Reported by news source) The CM permitted RUDA to learn about approved, rejected, and pending housing applications in its jurisdiction while presiding over a meeting of the Lahore...
ISLAMABAD: Before running any ads on TV networks, private housing societies are required to obtain No Objection Certificates (NOCs) from the Pakistan Electronic Media Regulatory Authority (PEMRA). (Reported by news source) The decision was made at the authority's 175th meeting, which Chairman Muhammad Saleem Baig presided over, according to a news release. Developers must obtain a NOC from PEMRA in...
SINDH: The 306-kilometer M6 highway segment between Sukkur and Hyderabad was officially opened on Tuesday by Prime Minister Shehbaz Sharif, who also announced that the project will be finished in 30 months. (Reported by news source) The official groundbreaking ceremony was scheduled on December 9 but was postponed due to Prime Minister Shehbaz Sharif's pressing engagement. The Peshawar-Karachi...
PESHAWAR: The first Integrated Tourism Zones (ITZs) will be created by the Khyber Pakhtunkhwa Culture and Tourism Authority (CTA) through a Public Private Partnership (PPP), with the goal of encouraging sustainable tourism and advancing socioeconomic development in the province. (Reported by news source) The project, which would cost a total of Rs 12.2 billion, it aims to advance eco-friendly travel...