ISLAMABAD, Oct 23 (APP): Significant progress has been achieved on the World Bank-funded 500kV Tarbela 5th Extension Transmission Line Project, which has recorded 87.5 percent physical and 87 percent financial completion by the end of September 2025 The project, a vital component of the Public Sector Development Programme (PSDP), is being implemented by a joint…
ISLAMABAD, Oct 22 (APP): Pakistan is collaborating with a wide range of international organizations, development partners and private stakeholders to establish National Carbon Trading Framework, which will not only strengthen its climate governance but also monetize climate actions. Muhammad Saleem Shaikh, Climate Analyst at the Ministry of Climate Change and Environmental Coordination, told Wealth Pakistan…
ISLAMABAD, Oct 20 (APP): The Dhabeji Grid Station project in Sindh, a key component of Pakistan’s energy transmission upgrade, has achieved nearly 80 per cent physical progress and is on track to become fully operational by December 2025, officials confirmed on Monday. Financed through the Public Sector Development Programme (PSDP), the 220/132kV Gas-Insulated Switchgear (GIS)…
ISLAMABAD, Oct 20 (APP): The National Productivity Organization (NPO) has helped local industries achieve Rs11.18 billion in productivity-related value addition over the past four years by utilising a total public grant of Rs374 million. Operating under the Ministry of Industries and Production (MoIP), the NPO has significantly expanded its outreach to industrial and service sectors,…
Punjab to spend Rs 30bn to upgrade industrial estates ISLAMABAD, Oct 17 (APP): The Punjab government has prepared a comprehensive plan to accelerate industrial growth across the province, with Rs30 billion earmarked in the current fiscal year to upgrade and provide missing facilities in industrial estates. The Punjab Industrial Estates Development and Management Company (PIEDMC)…
ISLAMABAD, Oct 15 (APP): Pakistan is expanding its trade and investment footprint in Saudi Arabia, with over 100 Pakistani information technology (IT) firms now formally registered to operate in the Kingdom. The move aligns with Saudi Arabia’s Vision 2030, which emphasizes digital transformation, innovation, and value-added business cooperation. According to documents available with Wealth Pakistan,…
ISLAMABAD, Oct 13 (APP): Pakistan Railways is implementing a series of major infrastructure and safety projects worth nearly Rs 35 billion to enhance the safety and reliability of train operations nationwide. The projects include extensive track safety works, rehabilitation of existing rail sections, strengthening of weak bridges, and modernization of inspection systems to ensure efficient…
ISLAMABAD, Oct 9 (APP): More than 600 Pakistani companies have now registered with Chinese authorities across various sectors, marking a significant expansion in Pakistan’s market access and trade presence in China. As many as 25 mango hot water treatment plants, 21 citrus cold treatment plants, and 103 rice companies have been officially registered with China’s…
ISLAMABAD, Oct 8 (APP): The government is preparing a new licensing policy to regulate bilateral business chambers to ensure transparency, credibility and stronger reciprocal trade partnerships with foreign countries. The Ministry of Commerce, in collaboration with the Directorate General of Trade Organisations (DGTO), is developing a proposed framework, which sets out enhanced eligibility, financial, and…
ISLAMABAD, Oct 6 (APP): Fertilizer prices have significantly decreased in the Pakistani market compared to the international market over the last one year. The Ministry of National Food Security and Research told the Senate in a documented reply that Urea and DAP are the main fertilizers in Pakistan, occupying a cumulative 85 percent share in…
