Economic and Infrastructural Development in Pakistan | Page 4 | World Defense

Economic and Infrastructural Development in Pakistan

Muhammad Omar

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PM #AJK & CEOs of China Three Gorges & China Gezhouba visited separately to thank #CPEC Authority for helping realise #Kohala Power & #AzadPattan power Projects & further coord for their execution $4 Bn Investment,1800 MW cheaper Hydel power with 8000 jobs

#Pakistan #China ????

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Muhammad Omar

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Work on access road for Rashakai Special Economic Zone under #CPEC is in progress, on schedule and will be completed on time.

#China #Pakistan Economic Corridor #KP #KhyberPakhtunkhwa #Pakistan

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Muhammad Omar

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Prime Minister Imran Khan will visit #DiamerBasha Dam Project next week to review construction activities.

According to #WAPDA press release issued, after Mohmand Dam which was started last year, Diamer Basha Dam is the second mega multi-purpose dam that has been commenced in about a year.

Diamer Basha Dam, a vital project for water, food and energy security of Pakistan, is being constructed on River Indus, 315 Kilometer upstream of Tarbela Dam.

The project is scheduled to be completed in 2028-29.

The project has three core objectives namely water storage for agriculture, flood mitigation and hydel power generation.

The dam will have a gross water storage capacity of 8.1 million acre feet to irrigate 1.23 million acres of additional land.

The project with installed power generation capacity of 4500 megawatt will provide more than 18 billion units per annum to the National Grid.

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Muhammad Omar

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New Optical fibre cable operationalised from #Khunjrab to #Islamabad next phase will be laid from Isd to #Karachi & Isd to #Gwadar as part of digital highway plan foundation for digital/IT revolution-project being processed in conjunction with #China. #CPEC #CPECMakingProgress
#Pakistan ????

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Muhammad Omar

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#Rescue1122 #KhyberPakhtunkhwa has added 6 new mega recovery truck in their fleet.

These trucks are equipped with Locally manufactured Recovery Cranes and saves a lot of foreign revenue as such cranes are excessively expensive.

#KP #Pakistan #MadeInPakistan ????

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Muhammad Omar

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Foreign Investment Reached $2 Billion in FY20

The inflows of foreign investment in the country recorded a healthy growth in the closing financial year FY 2019-20, crossing $2 billion with notable investors injecting money in different sectors.

The overall foreign investment inflows stood at $2.038 billion in FY20, which was much better than the previous financial year which portrayed a disappointing picture with a net outflow of $54.8 million as per data from the State Bank of Pakistan (SBP)

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Muhammad Omar

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Three #Chinese electric power firms have agreed to set up 700MW photovoltaic power project in M-3 and Allama Iqbal Industrial City of the #Faisalabad Industrial Estate Development and Management Company (FIEDMC).

#Pakistan #China ????????

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Muhammad Omar

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#NewBlue Area’s commercial plots attract record investment of over Rs12 bln

The government has recorded a historical investment of over Rs12 billion during the two days of the auction of the newly-launched project of New Blue Area in #Islamabad

During the second day of auction organised by the Capital Development Authority (CDA), the authorities have approved bids of four commercial plots of worth Rs7.24. The spokesperson of CDA said that the participation of investors in the auction events has exhibited their confidence over the business-friendly policies of the federal government.

The capital development authority has so far collected overall Rs12.79 billion revenue after the auction of eight commercial plots of different sizes.

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Prime Minister Imran Khan directed that local raw material should be used for the Ravi Riverfront Urban Development Project

#Lahore #RaviRiver #RaviRiverFront #Punjab #Pakistan ????

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306 KMs #Sukkur-#Hyderabad Motorway(M-6) approved in #ECNEC on BOT basis, will contribute to construction boom, socio-economic revolution for interior Sindh Complete #Peshawar #Karachi Eastern Route,also link East #Balochistan to entire #Motorway network #PakistanMakingProgress

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