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...
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...
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...
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...
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...