What's new

Infrastructure Development in Pakistan

The government has completed feasibility studies for 15 dams scheduled for development in the four provinces, according to a news report. Of these, four are located in #Punjab, six in #Balochistan, one in #Sindh, and four will be constructed in #KhyberPakhtunkhwa.

The government got the feasibility study completed through Water and Power Development Authority (WAPDA). These dams include #Akhori Dam, #Chiniot Dam, #Papan Dam, and #Kabir Dam.

Chiniot Dam will be constructed on #Chenab River between Chiniot and Chenab Nagar. Papan Dam will be built in district #Rawalpindi, while the Kabir Dam will be located at Kabir Nala in #Talagang.

In Balochistan, #Naulong Dam will be constructed on #Mula river, the #Hingol Dam will be built on Hangol river, while the #Pilar Dam will be located in #Awaran ditrict.

#NaiGaj Dam will be constructed in district #Dadu of Sindh and #Mohmand Dam will be constructed on #Swat river in district Mohmand.

51377781_2227517467516775_3342825183084806144_n.jpg
Naulong, nai Gaj, chiniot and probably kabir, papn, hingol and Pilar can be made within next 5 yrs. But it all boils down to the priorities and dedication. I have been hearing about the first 3 dams since i was a teenager i wonder (hope not) if my son will say the same... [emoji19] [emoji19] [emoji19]
 
International Steels Limited (ISL)

International Steels Limited (ISL) was incorporated in 2007 with the vision to be the foremost manufacturer of flat steel products in Pakistan.

1429804745_page21429804745.jpg


At the time ISL was the largest private investor in the value-added flat-rolled and coated steel industry in the country. The $165 million investment, with equity contributions from Sumitomo Corporation, JFE-Japan and the International Finance Corporation (A division of the World Bank) bought added impetus and confidence in the engineering and hi-tech manufacturing segment in country.

This 500,000 tons per annum steel complex produces Cold Rolled, Galvanized and Color Coated Steel from hot rolled coils. ISL's current production mix comprises of 100,000 tons of Cold-Rolled Product,350,000 tons of Hot-Dip Galvanized and 50,000 MT of Color Coated Steel, which are offered in coil or sheet form. All products cater to the engineering and manufacturing industry as a premium raw material for transformation into any number of value-added products for the domestic and export markets.

1jpg-08635959875b0cc15f9d79c20a0fa7d6.jpg


Cold Rolled Steel is available in thicknesses ranging from 0.25 mm to 3.0mm, galvanized steel is available in thicknesses of 0.25 mm to 2.0mm while color coated steel is available in thickness range of 0.20 -1.50 mm. All products are offered in a maximum width of 1,250mm and each product category is provided in a range of strength levels from drawing to structural and surface finishes from bright to matt to meet our customer specific requirements.


3jpg-c293780caef9c813b4b8d6bcd241d45a.jpg



5jpg-471305e5577a4c35fbe867cfffe5e888.jpg


Company Overview
International Steels Limited manufactures and sells steel products in Pakistan. The company’s products include cold rolled steels, hot dip galvanized steels, and color coated steel sheets. Its products are used in automotive, drum, home appliances, electrical appliances, construction, telecom, domestic appliance, agriculture, furniture and fixtures, MEP, outdoor, and other applications. The company also exports its products. It has strategic alliances with Sumitomo Corporation, International Industries Limited, and Pakistan Cables Limited. The company was formerly known as CRGS Limited and changed its name to International Steels Limited in November 2007.

4jpg-0db3292145fec7b44dec8edfe89474dd.jpg


epaper_img_1548713332.gif
 
General Tyres to set up $300m Faisalabad plant

CEO urges FBR to ensure that no tyre is sold in the market without proper documentation
General Tyre and Rubber Company of Pakistan (GTR), the largest tyre manufacturer in Pakistan, has planned to invest $300 million to set up its new unit in the Special Economic Zone (SEZ) in Faisalabad.

GTR, which was established in Pakistan in 1963 and is presently facilitating 20pc of the demand of tyres in the country, would be setting up the new unit in Punjab as part of its expansion plan.

Talking to a group of Islamabad-based journalists, GTR Chief Executive Officer and Managing Director Hussain Kuli Khan said the company’s board has approved the investment in the SEZ being established under the China Pakistan Economic Corridor (CPEC). He said that GTR has already purchased land in this regard.

Apart from the new investment plant, the company, established to help meet the local demand for tyres, has also upgraded its capacity by investing a huge amount in the shape of latest equipment.

GTR, presently producing 2.5 million automotive tyres and one million motorcycle tyres, is also in talks with the new entrants, including Kia Motors, Renault and Hyundai, so as to meet their future demands.

It is pertinent to mention that out of the total 13 million automotive and 17 million motorcycle markets, 45pc of the demand is fulfilled through smuggled tyres.

The CEO deplored that despite huge losses incurred by the local industry, the government is yet to take concrete steps to curb the menace of smuggling, especially through Afghan Transit Trade.

He said that major issues faced by the tyre industry must be resolved at the earliest in order to safeguard this capital-intensive sector, which is not only creating thousands of jobs, but also helping other industries bring foreign direct investment in the country.

“Owing to the influx of smuggled tyres, many local industries have either shut down their operations or have been forced to move out, which has resulted in unemployment,” the CEO said. “The most alarming part in this regard is the smuggling and use of winter tyres, which causes frequent accidents in Pakistan. For many years, smugglers pick up used winter tyres on free of cost basis from Europe, Japan etc. and import them into Afghanistan under the Transit Trade Agreement (TTA). The used winter tyres are then smuggled into Pakistan. These tyres are dangerous as they are only meant to be used in temperature below 0 degrees Celsius.”

Talking about another trend of illegal trade of tyres, Hussain Kuli Khan said reports and visual evidence have been received regarding the import of “tyres containing hidden tyres”, which are smaller in size and fixed within the mother tyres.

“The legal importers usually pay duty and taxes on the mother tyre while three to four smaller tyres, stored inside the mother tyre, get away from duties. Misdeclaration of sizes of the tyre has also been an issue at Customs,” he lamented.

The CEO suggested the Federal Board of Revenue ensure that no tyre is sold in the market without proper documentation.

“FBR should raid markets and seize tyres that the dealers cannot show papers for. This should not be hard as the smugglers are selling these tyres openly in the commercial centres,” Hussain Kuli Khan stressed.

He said the government should maintain strict vigilance on border check-posts, especially at Chaman and LandiKotal, so that smuggled items could be identified and culprits could be punished.

Moreover, he said the government should re-evaluate the data of the items being imported via the Afghan Transit Trade (ATT) and see if the numbers of tyres being imported are supported by the vehicle population in Afghanistan.

“Items under the guise of ATT are either unloaded in Karachi or come back from the Afghan border via smuggling. This needs to be addressed and the customs department needs to ensure that this facility is not misused,” the CEO suggested


51429087_1863975430396813_6161589653691432960_n.jpg
 
Shaping up nicely, Hazara Motorway .
Ma Guiming Ali, the administration manager of the China Construction Communication Company Limited tasked with building the Hazara Motorway’s Havelian-Mansehra section, said work on the section was smoothly as planned, while the Hazara Motorway would be built by March 2020.

 
Cement exports surge 32.4pc in 6 months

The exports of cement from the country witnessed an increase of 32.40 percent during the first half of the ongoing fiscal year against the exports of the corresponding period of last year.


The cement exports from the country were recorded at $17.662 million during July-December (2018-19) against the exports of $16.015 million during July-December (2017-18), showing growth of 32.40 percent, according to the data of Pakistan Bureau of Statistics (PBS).

In terms of quantity, the exports of the commodity however witnessed a nominal decrease of 0.37 percent by going down from the exports of 11,200 metric tons to 11,159 metric tons, according to the data.
 
Next update will be that. Infrastructure is designed in a such way that it can support metro/mono train.
[emoji24] once a one of the best performing nation in Asia is now doomed thanks it's people enjoy
 
Six to eight new industrial zones to be established in Punjab
February 08, 2019


5c5d1d318720c.jpg


Punjab govt working on providing maximum facilities to promote local industry under Ease of Doing Business, says Sardar Tanveer Ilyas. ─ Photo courtesy Twitter

RAWALPINDI: The Punjab government will be establishing six to eight new industrial zones in the province, said Punjab Board of Investment Chairman Sardar Tanveer Ilyas on Thursday.

Mr Ilyas was visiting the Rawalpindi Chamber of Commerce and Industry (RCCI) to meet with local shopkeepers and traders.

He said the Punjab government is working on providing the maximum facilities for the promotion of local industry and under Ease of Doing Business.

“We are committed to providing all facilities under one roof. The basic purpose of my visit to chambers of commerce in the province is to get feedback and recommendations on tariffs, taxation and reforms,” he said.

He added that the Punjab government also wants to facilitate overseas investors and traders as well.

“Local manufacturers, industrialists and investors will be given equal opportunities and incentives,” he said.

He urged the private sector to come forward and play its role in boosting trade and business activities in the region.

He said the government is aware of the concerns of the business community and that he agrees that there is need for involving the private sector.

He appreciated RCCI’s role in promoting trade and business activities through exhibitions and exchange delegations and assured of his full support for resolving the issue of the provision of a grid station and link road at RCCI Rawat Industrial Estate.

RCCI President Malik Shahid Saleem said Rawalpindi is the fourth largest city in Pakistan and that businesses in the pharmaceutical industry, poultry, gems and jewellery, marble and cement are flourishing in the Potohar region.

He said he hoped the Board of Investors chairman will address their grievances on priority basis and will increase interaction with traders.

He urged the government to give similar incentive packages to local manufacturers in special economic zones to make business more competitive and in favour of Pakistani traders.

“We want more incentives and ease to promote special economic zones in the region and we have high hopes for upcoming export packages with respect to export and taxation,” he said.
 

Country Latest Posts

Back
Top Bottom