Blog - Page 9 of 12 - AUN PROPERTIES
Indonesia approves USD 1 mn grant for flood victims

Indonesia approves USD 1 mn grant for flood victims

Islamabad: Pakistan and Indonesia on Thursday (December 22) signed a grant agreement worth USD 1 million to provide humanitarian assistance to flood-affected people in the country, according to news reports. In a ceremony held in Islamabad, the chairman of the National Disaster Management Authority (NDMA) and Indonesian Ambassador Adam Mulawarman Tugio signed the agreement. The grant, provided by...

OGDCL discovers gas in Singhoro Block exploration site in Sindh

OGDCL discovers gas in Singhoro Block exploration site in Sindh

Islamabad: The Oil and Gas Development Limited (OGDCL) and its Joint Venture partners, Orient Petroleum and GHPL, have announced the successful discovery of oil and gas hydrocarbons from an exploratory well in the Singhoro Block, Sindh, news sources reported on December 23. As per the filing of the OGDCL, the well ‘Kot Nawab-1’, was spudded in on June 3, 2022, with OGDCL’s in-house expertise....

Central Development Working Party approves 7 development projects worth Rs.115.80 billion

Central Development Working Party approves 7 development projects worth Rs.115.80 billion

ISLAMABAD: On Thursday, The Central Development Working Party (CDWP) has approved seven development projects totaling Rs.115.80 billion during the forum's meeting. (Reported by news source) The National Programmer Post-Flood Reconstruction: Climate Resilience Enhancement Project in Balochistan & Other Provinces, which is estimated to cost Rs 88,000 million, has been approved by the CDWP, according...

Lahore Masterplan 2050 Begins Officially

Lahore Masterplan 2050 Begins Officially

LAHORE: Chaudhry Pervaiz Elahi presided over the meeting that saw the adoption of the Lahore Master Plan 2050 and a focus on the need of protecting agricultural land in the future. (Reported by news source) During the meeting, it was decided to raise Lahore's percentage of green space from seven to twenty percent. It was also authorised to begin divisional, district, and municipal preparations for the...

Govt partially transfers control of Saudi-Funded Road project to National Highway Authority

Govt partially transfers control of Saudi-Funded Road project to National Highway Authority

ISLAMABAD: The federal government has awarded an execution contract to the National Highway Authority (NHA) for the development of the Neelum Valley Road project, Azad Jammu & Kashmir, which is being funded by Saudi Arabia. (Reported by news source) The Saudi Government has decided to use the Saudi Development Fund to provide Rs.7.895 billion towards the project's construction (SDF). NHA will...

Shehbaz Sharif commits Rs5 billion to rebuild flood-affected homes

Shehbaz Sharif commits Rs5 billion to rebuild flood-affected homes

ISLAMABAD: According to Prime Minister Shehbaz Sharif, the federal government will invest at least Rs5 billion to build homes for the province's flood victims. (Reported by news source) The prime minister said that Rs4.80 billion had been contributed to the prime minister's account for flood survivors during his visit to rain-damaged districts in Khairpur on Wednesday. He also noted that additional...

Investors from Central Business District to benefit from Kalma Chowk Remodelling Project

Investors from Central Business District to benefit from Kalma Chowk Remodelling Project

LAHORE: It's likely that you will have to make a significant detour if you drive through Kalma Chowk in Lahore today. The busiest intersection in Lahore, Kalma Chowk, which is at the intersection of Ferozepur Road, Main Boulevard Garden Town, and Main Boulevard Gulberg, is undergoing a significant reconstruction. (Reported by news source) The Punjab Government's CBD project is a significant effort that...

China agrees to provide Pakistan $1.6 Billion for the Karakoram Highway

China agrees to provide Pakistan $1.6 Billion for the Karakoram Highway

ISLAMABAD: As part of the China-Pakistan Economic Corridor, Pakistan has asked China for a $1.6 billion soft loan to realign the Karakorum Highway from Thakot to Raikot (CPEC). (Reported by news source) The Central Development Working Party (CWDP) has now approved a concept clearance for the realignment of the Karakorum Highway from Thakot to Raikot project, which will allow the governments of Pakistan...

Approval of Mass Underground Transit System in Lahore: Punjab Cabinet

Approval of Mass Underground Transit System in Lahore: Punjab Cabinet

LAHORE: On Friday, the Punjab cabinet authorised the inclusion of underground mass transport projects for the blue and purple lines as well as an underground transit system for Lahore. (Reported by news source) The CM stated that he did not want to harm Lahore by establishing an underground railway system at the time. The Blue Line, Purple Line, and public transportation projects will be launched with...

Pervaiz Elahi launches Rs160bn Sutlej Indus Economic Network (SIEN) project for 7 districts

Pervaiz Elahi launches Rs160bn Sutlej Indus Economic Network (SIEN) project for 7 districts

LAHORE: On Monday, Chief Minister Chaudhry Parvez Elahi unveiled the Sutlej Indus Economic Network (SIEN), a Rs160 billion project that will connect seven districts to highways and motorways between the Sutlej and the Sindh River. (Reported by news source) According to the plan, the Indus Highway will be connected to the districts of Kasur, Okara, Pakpattan, Vehari, Bahawalnagar, Lodhran, and...

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