Infrastructure and Transport News

Omar1984 · Apr 6, 2010

Renexus of Malaysia ready to invest US$500m in Pakistan 

ISLAMABAD, Apr 1 (APP): Renexus, a renowned company of Malaysia dealing in water treatment plants, construction infrastructure development and technology, has shown interest in investing around US$500 million in Pakistan for building water treatment plants on Built, Own and Operate (BOO) basis. This was stated by John Klerr, Executive Chairman of Renexus during his meeting with Acting High Commissioner for Pakistan in Malaysia Dr. Imtiaz Ahmad Kazi in Kuala Lumpur, says a message issued here by Pak High Commission in Malaysia.

About the investment proposal, Klerr said the Renexus was ready to build water treatment plants at various locations in Pakistan, specially in Punjab aimed at providing potable water for public as well for industrial use.

According to the proposal, he said that Renexus will arrange all the required funding to build, own and operate the water plants and sell the water in bulk to the government-related agencies, who in their turn, would effect the distribution to the end user and collect utility charges.

The Acting High Commissioner suggested Klerr to increase the scope of their investment to other areas in the country like Balochistan, Sindh and NWFP and industrial city of Karachi which are also facing shortage of safe and clean water.

Klerr also said that Renexus is interested to Built, Own and Transfer (BOT) mass housing schemes in identified areas of Pakistan provided that sovereign guarantees is given to them to ensure security of their investment.

Executive chairman said that Renexus has the expertise and capabilities to construct a model township with 20,000 unites equipped with green technology and complete with modern amenities such as recreational facilities, shopping areas, sewerage and waste management, mosque playing ground, communication and transportation network.

He said once first experiment is approved, Renexus can build 100,000 housing units in Pakistan within five years to help Pakistan to overcome the acute shortage of housing.

The Executive Chairman also informed that Renexus was in touch with the state government of Perak, Malaysia to construct a modern automated standard abattoir in Pakistan in order to provide bulk supply of Pakistani mutton and beef to Malaysia of which there was great demand and market in this region.

The Acting High Commissioner appreciate the initiatives and prospects envisioned by the Renexus as very useful and mutually beneficial.

He assured the Executive Chairman that the High Commission will communicate Renexus proposals to the concerned quarters in Pakistan.

The meeting was also attended by Commercial Counselor for Pakistani High Commission Wajiullah Kundi and Press Attache Qamar Bashir.

SHAMK9 · Apr 6, 2010

this forum is just full of good news thanks for sharing and keep sharing

ameer219 · Apr 6, 2010

Boeing adds 4th 787 Dreamliner to fleet

KARACHI: Boeing has added the fourth 787 Dreamliner to its flight-test fleet with the completion of the first flight of ZA003. We have established a good pace of accomplishment on the program, Scott Fancher, vice president and general manager of the 787 programme, Boeing Commercial Airplanes said. ZA003 is the only 787 in the flight test fleet that will include elements of the passenger interior features including cabin and crew support systems. We have done a significant amount of ground testing on the new systems on ZA003 in preparation for the first flight. Engineering, manufacturing and flight operations have really pulled together as a team to enable the first flight, Captain Ray Craig said. staff report

Daily Times - Leading News Resource of Pakistan

ameer219 · Apr 7, 2010

Pakistan Freight Transport Report 2010 - New Market Report Published

In August, it was reported that Pakistan National Shipping Corporation (PNSC) had decided to enhance its shipping fleet and replace several of its old vessels. The company was preparing to buy two doublehull aframax tankers at an estimated cost of US$60mn. The company also planned to purchase another three tankers, two containerships and bulk carriers, and four or five general cargo vessels. PNSC was also considering establishing a joint venture with South Korean, Japanese and Chinese shipyards to construct vessels on a shared-equity basis. We see the expansion of the country's tanker fleet as a necessary move in meeting Pakistan's increasing demand for crude oil imports. Because of its poorly equipped liquid bulk fleet,we caution that Pakistan is likely to become more reliant on foreign shipping lines to service its import needs over the next few years, making the continued expansion of its domestic fleet a priority for the government.

We now estimate GDP growth of 2.0% in 2009, quite sharply down on the 4.1% rate achieved in 2008. A weak recovery will begin in 2010 with GDP gaining 2.5%. However, growth will be subdued over the next five years, as Pakistan contends with the global slowdown and continuing internal political uncertainty. For the extended 2010-2014 forecast period we are now expecting average annual growth of 3.3%, down on the 5.5% achieved across the preceding five years, meaning that the effect on our freight traffic forecasts, if comparing the two periods, is negative. Broadly speaking, we maintain earlier changes to our mode-specific forecasts. Perhaps the most important, was to once more put back the expected surge in pipeline throughput to later in the forecast period because of expected delays, as discussions on the Iran-Pakistan-India (IPI) project continue. We believe that the growth of freight carried by road slowed in the tail end of 2005 due to the disruption caused by the earthquake, but recovered strongly as part of the relief and reconstruction effort. Rail freight turnover will lag behind GDP because of the poor state of the railway network and the absence of much-needed investment in modernisation. Taking all these factors into account, our forecasts for freight carried across all modes, and measured in mntkm, stands at an annual average of 4.3% in the 2010-2014 period.

According to our latest estimates, the transport and communications sector grew by 2.0% in 2009, on a par with overall GDP. For the 2010-2014 forecast period we expect the transport and communications sector to just outpace the wider economy. It will achieve average annual growth of 3.5%, versus 3.3% for overall GDP. The total value of the transport and communications sector will rise to US$31.6bn in nominal terms by 2014, representing 13.2% of Pakistan's GDP. The transport and communications sector employed 2.93mn people, or 6.4% of the labour force, in 2009. We see both those figures rising, to 3.37mn people or 6.7% by 2014.

Our forecast assumes that the country's ports - susceptible to bottlenecks and infrastructural delays - are able to cope with increased demand. There have been reports of congestion, particularly at Karachi, but development projects such as the new container terminal should alleviate this problem. In addition, congestion does not appear to be a major issue at Port Qasim. The greater benefits of the Gwadar project will only become fully apparent beyond the current forecast period. On the land transport side, we expect that the market share attributed to the railways is likely to diminish, as there is no evidence of major investment in Pakistan Railway (such as network extensions). If it is to regain a share of around 4% of the overall transport sector, the rail network will need to be rehabilitated and maintained at a higher level than at present. In fact, on current trends our forecast suggests rail's share will fall to just under 2% of total freight turnover. Despite a general government pledge to look at privatisation of the rail sector, we do not foresee significant progress along this route in the early part of the forecast period. Road transport will remain the largest sector, accounting for nearly 85% of all freight movements by the end of the forecast period.

We expect road haulage to be one of the fastest-growing transport modes, with an annual average expansion of 4.3% in the forecast period. Pipeline throughput, as a result of current pipeline projects, will expand by 4.0% on average each year. Airfreight will be affected by the global downturn in aviation, with growth of 4.8% per annum. Slower international trade will also hit shipping in 2009, but the sector will still achieve average annual growth of 5.2% over the next five years. Rail freight will be the laggard with growth of 2.7% per annum.

OfficialWire: Pakistan Freight Transport Report 2010 - New Market Report Published

SHAMK9 · Apr 8, 2010

ameer219 said:
Boeing adds 4th 787 Dreamliner to fleet

KARACHI: Boeing has added the fourth 787 Dreamliner to its flight-test fleet with the completion of the first flight of ZA003. We have established a good pace of accomplishment on the program, Scott Fancher, vice president and general manager of the 787 programme, Boeing Commercial Airplanes said. ZA003 is the only 787 in the flight test fleet that will include elements of the passenger interior features including cabin and crew support systems. We have done a significant amount of ground testing on the new systems on ZA003 in preparation for the first flight. Engineering, manufacturing and flight operations have really pulled together as a team to enable the first flight, Captain Ray Craig said. staff report

Daily Times - Leading News Resource of Pakistan

is PIA getting 787 dreamliner? :pakistan:

ameer219 · Apr 8, 2010

SHAMK9 said:
is PIA getting 787 dreamliner?

No Idea about that.

Hyde · Apr 8, 2010

SHAMK9 said:
is PIA getting 787 dreamliner?

ameer219 said:
No Idea about that.

the above news had nothing to do with Pakistan. It was not supposed to be share in this thread

ameer219 · Apr 8, 2010

Zaki said:
the above news had nothing to do with Pakistan. It was not supposed to be share in this thread

Apologies, I saw it on buisness news, and I thought it was inducted. My bad

sparklingway · Apr 8, 2010

ameer219 said:
Apologies, I saw it on buisness news, and I thought it was inducted. My bad

We sold half the country, a couple million people and 23 million bulls to buy some 777s. We might need to make it Pakistan (Pvt.) Ltd. to buy 787s :woot:

faisaljaffery · Jul 20, 2010

I think NHA wont b able to complete the M-8 project by Dec-10 due to deteriorated law and order situation in Balauchistan. I read a report that millitants usually attack contractors and destroy their equipment to slow down the pace of work...