Pakhtoon yum
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I dont understand what you are trying to convey
Infrastructure Development in Pakistan
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To construct new cities in Balochistan and South K-P
Pakhtoon yum
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We need to fill the old ones up first. We need to have world class cities the size of Tokyo and Karachi first.
Chakar The Great
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Another CPEC early harvest project ==> Completed and inaugurated
KKH Phase II (Thakot -Havelian Section)
Project KKH Phase II (Thakot -Havelian Section)
Project Description
Length: 118km
Province Khyber Pakhtunkhwa
Estimated Cost (US $ Million) 1,315
Executing Company / Sponsors M/s China Communications Construction Company Ltd
Financing Government Concessional Loan(GCL)
Supervising Agency Ministry of Communications, Government of Pakistan
KKH Phase II (Thakot -Havelian Section)
Project KKH Phase II (Thakot -Havelian Section)
Project Description
Length: 118km
- Thakot-Havelian (118km) is in early harvest Project category
- Start Point: Havelian
- End Point: Thakot
- Scope:Construction of 39 km 06 Lane Access Controlled MW, 79 km Class-II Highway
- Type of Road: Expressway/ Access Controlled Highway (Class-II)
- Proposing Agency: Ministry of Communications
- Implementing Agency: National Highway Authority
- Supervising Agency: Ministry of Communications, Government of Pakistan
Province Khyber Pakhtunkhwa
Estimated Cost (US $ Million) 1,315
Executing Company / Sponsors M/s China Communications Construction Company Ltd
Financing Government Concessional Loan(GCL)
Supervising Agency Ministry of Communications, Government of Pakistan
ghazi52
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ISLAMABAD: Three new state-of-the-art non-intrusive inspection (NII) containers scanning terminals were commissioned on Wednesday at the East and West Wharf of Karachi Port and Bin Qasim Port.
The terminals will facilitate increasing volumes of cargo traffic at Pakistani ports and provide essential security to the global supply chain.
Ambassador of Japan, Kuninori Matsuda and Federal Board of Revenue (FBR) Chairman Shabbar Zaidi inaugurated the NII terminals.
The NII terminals were set up under a Japanese grant of Rs2.78 billion. Japan International Coope*ration Agency (JICA) implemented the project for security improvement at Karachi and Bin Qasim ports, a press release issued by the Embassy of Japan said.
The terminals include scanners, terminal buildings, image scanning and analysing equipment, waiting room for container drivers, and backup facility for electricity.
Each scanning terminal has been directly connected with Pakistan’s Web Based One Customs (WeBOC) system with a scanning capacity of 7 to 8 containers per hour, with a total capacity of 450 containers per day.
The project also trained 60 officers of Pakistan Customs as Image Scanning Analyst for effective utilisation and future sustainability of project.
At the handover ceremony, Ambassador Matsuda said Karachi Port and Bin Qasim Port are greatly contributing to the trade and economic activities of the country. These ports are not only important for Pakistan’s economic prosperity but also have greater significance as international trade ports due to its geographic location, he added.
The scanners installed would not only help in detecting illegal trade and smuggling to combat terrorism but would also improve the performance of ports to boost international trade.
The ambassador further emphasised the hope that the grant aid from Japan would support the work of Pakistan Customs and would further strengthen bonds between the two countries.
Speaking on the occasion, the FBR chairman thanked the Japanese government for its cooperation for this vital project. Member Customs (Operations), Dr Jawwad Uwais Agha said the NII functionality imparted by these scanners will enhance trade facilitation by Pakistan Customs.
ghazi52
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New Jamshoro power plant reaches $303mln financial close
ISLAMABAD: The financial close amounting $303 million has been achieved for Jamshoro Power Project (Lot-II) after two days of extensive consultations during a joint coordination conference of development partners arranged by Economic Affairs Division, a statement said on Friday.
Being the development partners, Islamic Development Bank will contribute $100 million, Saudi Fund for Development $91 million, Kuwait Fund for International Development $40 million, while OPEC Fund for International Development will chip in $72 million for the project that involves construction of Lot-II of 2x600 MW (net) Jamshoro Coal Power Plant.
The statement said, during the conference, the government also signed the first financing agreement worth $100 million with Islamic Development Bank in a ceremony with Muhammad Hammed Azhar, Minister for Economic Affairs, in attendance.
The loan agreement was signed by Noor Ahmed, Secretary Economic Affairs Division, while Musa Sillah, Director (MENA & Europe) was the signatory from Islamic Development Bank.
Construction of Lot-I of the plant is already underway, whereas Lot-II, which is a new 600 MW (net) super critical power plant, would be built down the line.
The statement added that the project would help decrease the power shortfall currently existing in the country and it was an essential part of the government strategy to fill existing supply gap, while at the same time increase the ratio of cheap coal-based power in the overall mix of electricity supply.
Upon completion, the project would add on an annual basis 4,488 GWh to the national grid to support and sustain economic growth of the country.
It may be recalled that in the month of September 2019, an agreement was also signed with IsDB for support to the Polio Eradication Program worth $100 million, including $10 million grant under Lives & Livelihood Fund of the Bank.
Last year, Jamshoro Power Company and Siemens-HEI had signed an agreement to develop Pakistan’s first super critical coal-fired power plant in Jamshoro.
Following the signing of engineering, procurement and construction (EPC) contract for the first unit having a capacity of 660MW, the contract price for Lot-I was figured at $562 million. The Lot-I, the construction of which is still going on, i s being funded by Asian Development Bank.
On the other hand, then the EPC contract price of Lot-II (unit 2 of 660MW and expansion of balance of plant) was estimated at $313 million.
According to officials, the project would use 80 percent imported sub-bituminous coal and 20 percent local Thar lignite, leading to the generation of economical energy to meet the future electricity needs of the country.
It must be noted that work on 13 energy projects having capacity to generate 8,995 MW electricity under China Pakistan Economic Corridor (CPEC), throughout the country is in full swing.
ISLAMABAD: The financial close amounting $303 million has been achieved for Jamshoro Power Project (Lot-II) after two days of extensive consultations during a joint coordination conference of development partners arranged by Economic Affairs Division, a statement said on Friday.
Being the development partners, Islamic Development Bank will contribute $100 million, Saudi Fund for Development $91 million, Kuwait Fund for International Development $40 million, while OPEC Fund for International Development will chip in $72 million for the project that involves construction of Lot-II of 2x600 MW (net) Jamshoro Coal Power Plant.
The statement said, during the conference, the government also signed the first financing agreement worth $100 million with Islamic Development Bank in a ceremony with Muhammad Hammed Azhar, Minister for Economic Affairs, in attendance.
The loan agreement was signed by Noor Ahmed, Secretary Economic Affairs Division, while Musa Sillah, Director (MENA & Europe) was the signatory from Islamic Development Bank.
Construction of Lot-I of the plant is already underway, whereas Lot-II, which is a new 600 MW (net) super critical power plant, would be built down the line.
The statement added that the project would help decrease the power shortfall currently existing in the country and it was an essential part of the government strategy to fill existing supply gap, while at the same time increase the ratio of cheap coal-based power in the overall mix of electricity supply.
Upon completion, the project would add on an annual basis 4,488 GWh to the national grid to support and sustain economic growth of the country.
It may be recalled that in the month of September 2019, an agreement was also signed with IsDB for support to the Polio Eradication Program worth $100 million, including $10 million grant under Lives & Livelihood Fund of the Bank.
Last year, Jamshoro Power Company and Siemens-HEI had signed an agreement to develop Pakistan’s first super critical coal-fired power plant in Jamshoro.
Following the signing of engineering, procurement and construction (EPC) contract for the first unit having a capacity of 660MW, the contract price for Lot-I was figured at $562 million. The Lot-I, the construction of which is still going on, i s being funded by Asian Development Bank.
On the other hand, then the EPC contract price of Lot-II (unit 2 of 660MW and expansion of balance of plant) was estimated at $313 million.
According to officials, the project would use 80 percent imported sub-bituminous coal and 20 percent local Thar lignite, leading to the generation of economical energy to meet the future electricity needs of the country.
It must be noted that work on 13 energy projects having capacity to generate 8,995 MW electricity under China Pakistan Economic Corridor (CPEC), throughout the country is in full swing.
ghazi52
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Two more LNG terminals to be built in 2 years
Two new offshore liquefied natural gas (LNG) terminals would be built at Port Qasim on build, operate and transfer (BOT) basis by private consortiums, led by foreign companies, over the next 24 months in addition to the two existing LNG terminals, said PortQasim Authority Karachi (PQA) Chairman Hasan Nasir Shah.
Briefing the Senate Standing Committee on Maritime Affairs about operations and current activities of the port, Shah said after completion the terminals would help cater to the energy needs of the country.
The Senate panel, led by its Chairperson Senator Nuzhat Sadiq, held meetings for two consecutive days on November 20 and 21 at the PQA head office.
Two new offshore liquefied natural gas (LNG) terminals would be built at Port Qasim on build, operate and transfer (BOT) basis by private consortiums, led by foreign companies, over the next 24 months in addition to the two existing LNG terminals, said PortQasim Authority Karachi (PQA) Chairman Hasan Nasir Shah.
Briefing the Senate Standing Committee on Maritime Affairs about operations and current activities of the port, Shah said after completion the terminals would help cater to the energy needs of the country.
The Senate panel, led by its Chairperson Senator Nuzhat Sadiq, held meetings for two consecutive days on November 20 and 21 at the PQA head office.
ghazi52
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Govt Announces Incentives For Setting Up Private Shipping Lines in Pakistan
The Ministry of Maritime Affairs has announced multiple incentives for foreign shipping companies to set up private shipping lines and operations in Pakistan.
According to the officials, the incentives include no federal duties and taxes for the next five years.
“No Federal Taxes (direct and indirect) shall be levied to the detriment of Pakistan Resident Ship Owing Companies during the exempted period,” said the official notification issued by the ministry.
The new shipping companies, known as Pakistan Resident Ship Owning Companies, will be operated as Pakistan’s private shipping lines but will be the national flag carrier of Pakistan. Accordingly, the new company is required to be registered with the Securities and Exchange Commission of Pakistan.
The Ministry of Maritime Affairs has announced multiple incentives for foreign shipping companies to set up private shipping lines and operations in Pakistan.
According to the officials, the incentives include no federal duties and taxes for the next five years.
“No Federal Taxes (direct and indirect) shall be levied to the detriment of Pakistan Resident Ship Owing Companies during the exempted period,” said the official notification issued by the ministry.
The new shipping companies, known as Pakistan Resident Ship Owning Companies, will be operated as Pakistan’s private shipping lines but will be the national flag carrier of Pakistan. Accordingly, the new company is required to be registered with the Securities and Exchange Commission of Pakistan.
Pakhtoon yum
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Start of a merchant fleet.
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