TheFlyingPretzel
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The Indians in question have yet to attain puberty. Your words fall on deaf ears.
Infrastructure Development in Pakistan
- Thread starter moha199
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The Indians in question have yet to attain puberty. Your words fall on deaf ears.
l'ingénieur
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all these development will mostly benefit the rich
hardly anything is being done by the government to educate and train the poor for a better standard of living
its a shame
hardly anything is being done by the government to educate and train the poor for a better standard of living
its a shame
by printing fake Indian currency
never even heard of this motor cycle but again I am not a motor cycle enthusiast. Only motor cycle that owner take pride of is Harley
Mr.Nair
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Claims for HD only pride from a non motor cycle enthusiast !
RE outshines HD in sales
India's Vintage Royal Enfield Overtakes Harley-Davidson In Motorcycle Sales - Forbes
Sulman Badshah
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Pak-China Corridor: 10,400 MW Electricity Grid Station
Federal Minister for Commerce Engr. Khurram Dastgir said here on Wednesday that 10,400Megawatts of electricity would be added to the national grid by 2017. “The financial closure of various power projects is going to be made by the end of March, 2015 and 10,400MW of electricity will be inducted into national gird in the beginning of 2017,” he added.
The minister was talking to media persons during his visit to the office of Federation of Pakistan Chambers of Commerce and Industries (FPCCI). He said that the top-most priority of the government is to attract both foreign and local investment in the country by restoring peaceful environment and ensuring adequate energy supply.
“The menace of terrorism from the country will be eradicated within two years as the whole nation is on the same page,” the minister said, adding that the energy crisis will be reduced considerably with the import of Liquefied Natural Gas (LNG) by the end of next month.
Talking about the 9th Expo Pakistan which will commence on February 26 at the Karachi Expo Centre, he said that around 1,000 traders and businessmen from 70 different countries have confirmed their participation in this mega event. He said that the four-day export-oriented fair will, on the one hand, help in enhancing image of the country and, on the other, contribute handsome revenue to the national exchequer, besides the event would also promote the sense of self-reliance among the local business community.
Commenting on GSP Plus status, he said that the country’s export to European Union (EU) from January-November 2014 had increased by $1.16 billion as compared to the same period during the previous financial year. Replying to a question about Indo-Pak trade relations, the minister said that both Pakistan and India will not be able to enjoy trade benefits as long as bilateral diplomatic ties between the two countries were not improved.
He was, however, optimistic that Indian Foreign Secretary’s forthcoming visit to Pakistan will help in resolving mutual trade issues. The FPCCI president, Muhammad Idrees and the Chief Executive Officer of Trade Development Authority of Pakistan (TDAP), S M Munir, were present on the occasion.
Later, businessmen and traders highlighted their issues and put forth a number off suggestions at a meeting held between the minister and the FPCCI members. The FPCCI chief on this occasion demanded of the government to take private sector on board while making FTA/PTAs. He also urged the ministry of commerce to prepare feasibility report with regard to establishing warehouses and bonded carrier facilities for Central Asian Countries, besides dry ports should be set up along with border areas of Afghanistan, Iran and India.
The FPCCI chief also demanded that `fake’ associations should be banned, plants and machinery for export-oriented agro-based industry should be exempted from duty and knowledge-based economy should be promoted by organising seminars and workshops.
PUNJAB: Olive plantation at the Barani Agricultural Research Institute (BARI), Chakwal. Pakistan's Potohar Plateau in Punjab is highly suitable for olive cultivation
Once again, the route map of the Pakistan-China Economic Corridor showing multiple routes through ALL provinces. We request political parties not to do politics on this vital project of national importance as it will benefit all of Pakistan, including all its provinces
Multinationals repatriate $859.6m in July-January
Pakistan allows 100% foreign ownership of businesses and unrestricted repatriation of profits to encourage investment in the country. The repatriation of profits can be in the form of either dividends or liquidation of foreign holding.
Total repatriation of profits on foreign investments amounted to $859.6 million in the first seven months of 2014-15, according to data released by the State Bank of Pakistan (SBP) on Thursday.
The repatriation of profits from companies operating in Pakistan to their stakeholders based in foreign countries increased 41.5% in July-January on a year-on-year basis, as they amounted to $607.4 million in the same period of preceding fiscal year.
Pakistan allows 100% foreign ownership of businesses and unrestricted repatriation of profits to encourage investment in the country. The repatriation of profits can be in the form of either dividends or liquidation of foreign holding.
In January alone, repatriations on foreign investment amounted to $68.8 million.
In 2013-14, profit repatriation amounted to $1.2 billion, up 12.6% from the repatriation of a little over $1 billion recorded in 2012-13. Pakistan received direct investment from sources based in foreign countries amounting to $545.4 million in the first seven months of 2014-15. This equals 63.4% of the funds that foreign companies repatriated as profits/dividends over the same period.
Net foreign direct investment (FDI) in January remained $16.3 million, which is 23.7% of the profit repatriation during the same month.
Net FDI in 2013-14 was $1.6 billion, which is $0.4 billion less than the profit repatriation recorded in the same year.
A major portion of total repatriation recorded in July-January came from the payment of profit on FDI as opposed to foreign portfolio investment (FPI). Out of the total repatriation of $859.6 million, profits on FDI constituted about 82.2%, or $706.9 million, during the first seven months of the current fiscal year.
Financial businesses repatriated the largest amount to their stakeholders in foreign countries in July-January. With the payment of $160.3 million profits, the year-on-year change in the repatriated amount for financial businesses was almost flat.
The repatriated profits of the telecommunication sector were $158.2 million, up more than seven times compared with the similar period of the preceding fiscal year. Repatriations from the oil and gas exploration sector were $74.9 million, up 27.3% from the comparable period of 2013-14, when they totalled $58.8 million.
The thermal sector’s share in the repatriated profits in July-January was $70.8 million, down 21.5% from the corresponding figure in the comparable period of 2013-14.
Other sectors that recorded relatively substantial repatriations were food ($70.3 million), petroleum refining ($53.8 million) and cement ($44.7 million)
Federal Minister for Commerce Engr. Khurram Dastgir said here on Wednesday that 10,400Megawatts of electricity would be added to the national grid by 2017. “The financial closure of various power projects is going to be made by the end of March, 2015 and 10,400MW of electricity will be inducted into national gird in the beginning of 2017,” he added.
The minister was talking to media persons during his visit to the office of Federation of Pakistan Chambers of Commerce and Industries (FPCCI). He said that the top-most priority of the government is to attract both foreign and local investment in the country by restoring peaceful environment and ensuring adequate energy supply.
“The menace of terrorism from the country will be eradicated within two years as the whole nation is on the same page,” the minister said, adding that the energy crisis will be reduced considerably with the import of Liquefied Natural Gas (LNG) by the end of next month.
Talking about the 9th Expo Pakistan which will commence on February 26 at the Karachi Expo Centre, he said that around 1,000 traders and businessmen from 70 different countries have confirmed their participation in this mega event. He said that the four-day export-oriented fair will, on the one hand, help in enhancing image of the country and, on the other, contribute handsome revenue to the national exchequer, besides the event would also promote the sense of self-reliance among the local business community.
Commenting on GSP Plus status, he said that the country’s export to European Union (EU) from January-November 2014 had increased by $1.16 billion as compared to the same period during the previous financial year. Replying to a question about Indo-Pak trade relations, the minister said that both Pakistan and India will not be able to enjoy trade benefits as long as bilateral diplomatic ties between the two countries were not improved.
He was, however, optimistic that Indian Foreign Secretary’s forthcoming visit to Pakistan will help in resolving mutual trade issues. The FPCCI president, Muhammad Idrees and the Chief Executive Officer of Trade Development Authority of Pakistan (TDAP), S M Munir, were present on the occasion.
Later, businessmen and traders highlighted their issues and put forth a number off suggestions at a meeting held between the minister and the FPCCI members. The FPCCI chief on this occasion demanded of the government to take private sector on board while making FTA/PTAs. He also urged the ministry of commerce to prepare feasibility report with regard to establishing warehouses and bonded carrier facilities for Central Asian Countries, besides dry ports should be set up along with border areas of Afghanistan, Iran and India.
The FPCCI chief also demanded that `fake’ associations should be banned, plants and machinery for export-oriented agro-based industry should be exempted from duty and knowledge-based economy should be promoted by organising seminars and workshops.
PUNJAB: Olive plantation at the Barani Agricultural Research Institute (BARI), Chakwal. Pakistan's Potohar Plateau in Punjab is highly suitable for olive cultivation
Once again, the route map of the Pakistan-China Economic Corridor showing multiple routes through ALL provinces. We request political parties not to do politics on this vital project of national importance as it will benefit all of Pakistan, including all its provinces
Multinationals repatriate $859.6m in July-January
Pakistan allows 100% foreign ownership of businesses and unrestricted repatriation of profits to encourage investment in the country. The repatriation of profits can be in the form of either dividends or liquidation of foreign holding.
Total repatriation of profits on foreign investments amounted to $859.6 million in the first seven months of 2014-15, according to data released by the State Bank of Pakistan (SBP) on Thursday.
The repatriation of profits from companies operating in Pakistan to their stakeholders based in foreign countries increased 41.5% in July-January on a year-on-year basis, as they amounted to $607.4 million in the same period of preceding fiscal year.
Pakistan allows 100% foreign ownership of businesses and unrestricted repatriation of profits to encourage investment in the country. The repatriation of profits can be in the form of either dividends or liquidation of foreign holding.
In January alone, repatriations on foreign investment amounted to $68.8 million.
In 2013-14, profit repatriation amounted to $1.2 billion, up 12.6% from the repatriation of a little over $1 billion recorded in 2012-13. Pakistan received direct investment from sources based in foreign countries amounting to $545.4 million in the first seven months of 2014-15. This equals 63.4% of the funds that foreign companies repatriated as profits/dividends over the same period.
Net foreign direct investment (FDI) in January remained $16.3 million, which is 23.7% of the profit repatriation during the same month.
Net FDI in 2013-14 was $1.6 billion, which is $0.4 billion less than the profit repatriation recorded in the same year.
A major portion of total repatriation recorded in July-January came from the payment of profit on FDI as opposed to foreign portfolio investment (FPI). Out of the total repatriation of $859.6 million, profits on FDI constituted about 82.2%, or $706.9 million, during the first seven months of the current fiscal year.
Financial businesses repatriated the largest amount to their stakeholders in foreign countries in July-January. With the payment of $160.3 million profits, the year-on-year change in the repatriated amount for financial businesses was almost flat.
The repatriated profits of the telecommunication sector were $158.2 million, up more than seven times compared with the similar period of the preceding fiscal year. Repatriations from the oil and gas exploration sector were $74.9 million, up 27.3% from the comparable period of 2013-14, when they totalled $58.8 million.
The thermal sector’s share in the repatriated profits in July-January was $70.8 million, down 21.5% from the corresponding figure in the comparable period of 2013-14.
Other sectors that recorded relatively substantial repatriations were food ($70.3 million), petroleum refining ($53.8 million) and cement ($44.7 million)
CD-70 outshines Harley in sales!
Mr.Nair
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The global sales of Royal Enfield was 3 lakhs against 2.68 lakhs of HD in 2014.It is exported to countries including US
Edevelop
ELITE MEMBER
- Joined
- Feb 2, 2007
- Messages
- 14,735
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- 23
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2,32,000 poor people to be given assistance in Balochistan under BISP
Chairperson Benazir Income Support Programme (BISP) met separately Balochistan Governor Muhammad Khan Achakzai and Chief Minister Dr Abdul Malik Baloch in Quetta on Monday.
She briefed the two leaders on BISP's projects to give relief to deserving poor people.
She said that two hundred and thirty-two thousand poor people would be given assistance under Benazir Income Support Programme in Balochistan.
Radio Pakistan
Rs600m released for Medical College Bahawalnagar
The Punjab government has released six hundred million rupees for the establishment of a medical college in Bahawalnagar.
In an interview Commissioner Bahawalpur Division, Saqib Zafar said two hundred million rupees would be released to complete construction work of the Bahawal Victoria Hospital’s kidney transplant and dialysis unit in Bahawalpur.
He further stated that the provincial working development party has also approved the release of one hundred million rupees for the completion of cardiology and cardiac surgery block at the BVH and the funds would be spent on the purchase of machinery.
Radio Pakistan
Punjab to set up LNG power plant at Sheikhupura
The Punjab government has decided to set up 1000 MW Liquefied Natural Gas (LNG) power plant near Sheikhupura.
Chairing a meeting in Lahore, Chief Minister Shahbaz Sharif said the federal cabinet has approved setting up of LNG-based power projects at three different places in Punjab. These plants will generate a total of 3600 megawatt electricity.
Shahbaz Sharif said the Prime Minister will soon inaugurate 100-MW power project at Quaid-e-Azam Solar Park, Bahawalpur, which has been completed in a record period of six months.
Radio Pakistan
Rs 8 bln allocated for development projects in Attock
State Minister for Parliamentary Affairs Sheikh Aftab Ahmad has said that Punjab government has allocated more than eight billion rupees for different development projects in district.
He said this during his visit to under construction 2.6 km long road from Session Chowk to Polytechnic College Attock.
He said the 34 percent construction work of the above road has been completed and its remaining work will be completed soon.
Radio Pakistan
Govt to set up satellite stations of forensic labs in Punjab: Shahbaz
The Punjab government has decided to set up satellite stations of forensic laboratories in nine divisions to curb crimes.
The decision to this effect was taken at a high level meeting chaired by Chief Minister Muhammad Shahbaz Sharif in Lahore on Friday.
During the meeting which he was briefed in the project of the establishment of the criminal justice education and research development institute.
He said that the utilization of modern and sophisticated technology plays an important role in providing justice to the victims.
The Chief Minister said establishment of this institute has tremendous importance in the context of the current prevailing situation in the country and it would go a long way in uprooting crimes and terrorism.
Radio Pakistan
E-Learn program: Schools in Punjab to have tablets for replacing books
54 thousands schools in Punjab will be equipped with SIM based tablets and smart devices in order to replace dozens of books and heavy schools bags.
In order to elevate the level of education in the province and as a part of Punjab government’s efforts to digitize the schools and education system, under E-Learn program, it has decided to upgrade the learning process by adopting the model which is in practice in other developed countries.
In the first phase of E-Learn that is scheduled to be completed in the existing financial year, 20,000 schools will be provided with latest tablets with digitized content inside them.
Punjab Information Technology Board (PITB) while acting as the technology partner in the E-Learn program has converted the curriculum of grade 6 to grade 10 into digital format.
A PITB official while highlighting the cost effectiveness of the E-Learn project told More Magazine, “This is highly innovative initiative of government of Punjab in which least number of resources were used in order to save cost of millions”.
Under the supervision of able professionals, the entire digitization of text books took place within the premises of PITB.
According to details, the only cost PITB incurred was the acquisition of computer machines for rendering the graphical tasks.
The Program Manager at PITB, Kashif Farooq explained that, “in association with education department the team at PITB literally had to re-write all the curriculum and in the process we were able to find out and rectify over 15000 errors in the text books”.
Although, the mistakes have been corrected in the digital format but these will be reflected in respective print editions in the coming year.
The entire data will reside on a central server that will serve as central repository from where students and teachers will be able to access or download their desired content on their devices.
For giving the offline access to this digital content, Punjab government is also providing the same to the schools where it created computer labs. Some 4,280 labs were created in the province back in 2009 having 16 terminal in each facility.
In order to deal with new challenges, PITB has trained some 50,000 teachers across the province who will be provided with special tablets integrated with a built-in projector for communicating with entire class more efficiently.
This tablet will be able to create a display of 50 inches on wall or any other surface with the help of projector from a distance of 6 feet.
For distributing this huge number of tablets, government is yet to bring on board an able vendor that could provide a customized solution.
According to reports, Punjab government is in talks with several vendors and tablet manufacturers in this regard for making the tablets that are water proof as well as jerk resistant so they don’t get damaged easily during the use.
It is interesting to note that after digitization of curriculum, several private schools have also started on the foot steps of the government. School chains like City Schools, LACAS and Beacon House have also started to offer smart teaching techniques using the tablet technology.
“Few private schools have also adopted the same model but they are doing it on smaller scale. Few of them have signed MoU with us for providing them the digitized content that we have already created”, Farooq highlighted further.
The E-Learn project was conceived after the success of Laptop Distribution project among the students that Punjab Government has been running for last 3 years. When PML(N) government came into power, Prime Minister Nawaz Sharif announced a country wide laptop distribution scheme in September 2013 that was also followed by a similar schemein KPK later.
Punjab government has also planned to award tablets to classes above grade 10 in a later phase.
E-Learn program: Schools in Punjab to have tablets for replacing books - More Magazine
Punjab to build new city in Salt Range
LAHORE: Punjab Chief Minister Shahbaz Sharif has approved building a new city and a special economic zone in Salt Range near the Motorway.
The decision was taken in a high-level meeting chaired by the chief minister on Monday. Addressing the meeting, Shahbaz said the proposed project will prove to be a milestone in promotion of industrial, job opportunities, economic and trade activities in the province.
He directed for immediate steps be taken for practical implementation of the project, adding that services of prominent international consultants should be acquired and necessary work be initiated immediately.
Planning & Development chairman, Provincial Minister for Industry Chaudhary Muhammad Shafiq, and Minister for Housing Tanvir Aslam Malik, among other officers, were present at the meeting.
Construction work on Attock-Mianwali bridge begins
The construction of Attock-Mianwali bridge has been started at a cost of one billion rupees.
Member National Assembly of PML-N Malik Aetbar Khan said after the completion of this bridge a new era of development will start in this region.
He said at present to reach Mianwali, the residents of Attock district specially those belonging to tehsil Jand have to cover a distance of 227 km to reach Mianwali. After the completion of this bridge this distance will be reduced to just 63 km.
At present only train service is available between Attock and Mianwali.
Radio Pakistan
Irrigation Project in FATA
Chairperson Benazir Income Support Programme (BISP) met separately Balochistan Governor Muhammad Khan Achakzai and Chief Minister Dr Abdul Malik Baloch in Quetta on Monday.
She briefed the two leaders on BISP's projects to give relief to deserving poor people.
She said that two hundred and thirty-two thousand poor people would be given assistance under Benazir Income Support Programme in Balochistan.
Radio Pakistan
Rs600m released for Medical College Bahawalnagar
The Punjab government has released six hundred million rupees for the establishment of a medical college in Bahawalnagar.
In an interview Commissioner Bahawalpur Division, Saqib Zafar said two hundred million rupees would be released to complete construction work of the Bahawal Victoria Hospital’s kidney transplant and dialysis unit in Bahawalpur.
He further stated that the provincial working development party has also approved the release of one hundred million rupees for the completion of cardiology and cardiac surgery block at the BVH and the funds would be spent on the purchase of machinery.
Radio Pakistan
Punjab to set up LNG power plant at Sheikhupura
The Punjab government has decided to set up 1000 MW Liquefied Natural Gas (LNG) power plant near Sheikhupura.
Chairing a meeting in Lahore, Chief Minister Shahbaz Sharif said the federal cabinet has approved setting up of LNG-based power projects at three different places in Punjab. These plants will generate a total of 3600 megawatt electricity.
Shahbaz Sharif said the Prime Minister will soon inaugurate 100-MW power project at Quaid-e-Azam Solar Park, Bahawalpur, which has been completed in a record period of six months.
Radio Pakistan
Rs 8 bln allocated for development projects in Attock
State Minister for Parliamentary Affairs Sheikh Aftab Ahmad has said that Punjab government has allocated more than eight billion rupees for different development projects in district.
He said this during his visit to under construction 2.6 km long road from Session Chowk to Polytechnic College Attock.
He said the 34 percent construction work of the above road has been completed and its remaining work will be completed soon.
Radio Pakistan
Govt to set up satellite stations of forensic labs in Punjab: Shahbaz
The Punjab government has decided to set up satellite stations of forensic laboratories in nine divisions to curb crimes.
The decision to this effect was taken at a high level meeting chaired by Chief Minister Muhammad Shahbaz Sharif in Lahore on Friday.
During the meeting which he was briefed in the project of the establishment of the criminal justice education and research development institute.
He said that the utilization of modern and sophisticated technology plays an important role in providing justice to the victims.
The Chief Minister said establishment of this institute has tremendous importance in the context of the current prevailing situation in the country and it would go a long way in uprooting crimes and terrorism.
Radio Pakistan
E-Learn program: Schools in Punjab to have tablets for replacing books
54 thousands schools in Punjab will be equipped with SIM based tablets and smart devices in order to replace dozens of books and heavy schools bags.
In order to elevate the level of education in the province and as a part of Punjab government’s efforts to digitize the schools and education system, under E-Learn program, it has decided to upgrade the learning process by adopting the model which is in practice in other developed countries.
In the first phase of E-Learn that is scheduled to be completed in the existing financial year, 20,000 schools will be provided with latest tablets with digitized content inside them.
Punjab Information Technology Board (PITB) while acting as the technology partner in the E-Learn program has converted the curriculum of grade 6 to grade 10 into digital format.
A PITB official while highlighting the cost effectiveness of the E-Learn project told More Magazine, “This is highly innovative initiative of government of Punjab in which least number of resources were used in order to save cost of millions”.
Under the supervision of able professionals, the entire digitization of text books took place within the premises of PITB.
According to details, the only cost PITB incurred was the acquisition of computer machines for rendering the graphical tasks.
The Program Manager at PITB, Kashif Farooq explained that, “in association with education department the team at PITB literally had to re-write all the curriculum and in the process we were able to find out and rectify over 15000 errors in the text books”.
Although, the mistakes have been corrected in the digital format but these will be reflected in respective print editions in the coming year.
The entire data will reside on a central server that will serve as central repository from where students and teachers will be able to access or download their desired content on their devices.
For giving the offline access to this digital content, Punjab government is also providing the same to the schools where it created computer labs. Some 4,280 labs were created in the province back in 2009 having 16 terminal in each facility.
In order to deal with new challenges, PITB has trained some 50,000 teachers across the province who will be provided with special tablets integrated with a built-in projector for communicating with entire class more efficiently.
This tablet will be able to create a display of 50 inches on wall or any other surface with the help of projector from a distance of 6 feet.
For distributing this huge number of tablets, government is yet to bring on board an able vendor that could provide a customized solution.
According to reports, Punjab government is in talks with several vendors and tablet manufacturers in this regard for making the tablets that are water proof as well as jerk resistant so they don’t get damaged easily during the use.
It is interesting to note that after digitization of curriculum, several private schools have also started on the foot steps of the government. School chains like City Schools, LACAS and Beacon House have also started to offer smart teaching techniques using the tablet technology.
“Few private schools have also adopted the same model but they are doing it on smaller scale. Few of them have signed MoU with us for providing them the digitized content that we have already created”, Farooq highlighted further.
The E-Learn project was conceived after the success of Laptop Distribution project among the students that Punjab Government has been running for last 3 years. When PML(N) government came into power, Prime Minister Nawaz Sharif announced a country wide laptop distribution scheme in September 2013 that was also followed by a similar schemein KPK later.
Punjab government has also planned to award tablets to classes above grade 10 in a later phase.
E-Learn program: Schools in Punjab to have tablets for replacing books - More Magazine
Punjab to build new city in Salt Range
LAHORE: Punjab Chief Minister Shahbaz Sharif has approved building a new city and a special economic zone in Salt Range near the Motorway.
The decision was taken in a high-level meeting chaired by the chief minister on Monday. Addressing the meeting, Shahbaz said the proposed project will prove to be a milestone in promotion of industrial, job opportunities, economic and trade activities in the province.
He directed for immediate steps be taken for practical implementation of the project, adding that services of prominent international consultants should be acquired and necessary work be initiated immediately.
Planning & Development chairman, Provincial Minister for Industry Chaudhary Muhammad Shafiq, and Minister for Housing Tanvir Aslam Malik, among other officers, were present at the meeting.
Construction work on Attock-Mianwali bridge begins
The construction of Attock-Mianwali bridge has been started at a cost of one billion rupees.
Member National Assembly of PML-N Malik Aetbar Khan said after the completion of this bridge a new era of development will start in this region.
He said at present to reach Mianwali, the residents of Attock district specially those belonging to tehsil Jand have to cover a distance of 227 km to reach Mianwali. After the completion of this bridge this distance will be reduced to just 63 km.
At present only train service is available between Attock and Mianwali.
Radio Pakistan
Irrigation Project in FATA
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