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Tag Archives: infrastructure

Energy sector in a transition from conventional fuel to coal fired power generation

  New energy and infrastructure projects in the pipeline The socio-economic and political stability of a country is deeply linked with the strong and stable leadership. If the leaders and their vision is strong and linked with the good or bad of the people, no matter what ever the situation the things are sure to take a shape sooner or later. Pakistan despite having enormous energy resources and a strong …

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Industrial development in Balochistan set to be revolutionized under CPEC plan

  The absence of infrastructure is the single most important reason that discourages investment in the industrial sector development in Balochistan. It is the most backward province, which is also far behind from other provinces in road sector development. The province has a road network comprising about 25,099 kilometers, which is less than that of the other provinces. The existing road network in Balochistan is in a dire need of …

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Has IMF’s loan a soothsayer for ailing economy of Pakistan?

  Following its ninth review of the program, the International Monetary Fund (IMF) asked Pakistan to focus on accelerating steps to widen the tax net and raise funds for more infrastructure investment and social assistance after the country failed to reach its fiscal deficit and tax revenue targets under an IMF Extended Fund Facility (EFF). However, the IMF welcomed the government’s plans to take action to attain the budget deficit …

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Karachi the engine of growth but has poor infrastructure and management

  Karachi is the financial capital of Pakistan with most businesses, banks, various companies in the financial sector calling Karachi home. Being the business hub for Pakistan, it is estimated that at least 50,000 people a month travel to Karachi from various small towns and cities seeking jobs. Karachi is also the epic centre for various construction activities both commercial and residential. Karachi accounts for 54 per cent of the …

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Pak-China cooperation in infrastructure projects

  In November 2014, Pakistan and China signed 19 agreements and Memorandum of Understandings (MoUs) to further boost the bilateral ties between the two countries in various fields, including energy and basic infrastructure sectors. Earlier a meeting between Prime Minister Nawaz Sharif and his Chinese counterpart was held in Beijing where both the leaders discussed bilateral relations and the regional situation. The agreements signed between the two countries include solar …

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The vital ways of attracting foreign investment

  Infrastructure development and logistics is one of the vital ways through which any country can attract foreign investment and help achieve sustainable development for the growth of an economy. Considering the case of Pakistan, the focus on infrastructure while given importance isn’t always the most important aspect to consider since there are other issues the country has to deal with. There are the political sit-ins in the country, which …

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The significance of Pak-China cooperation in infrastructure development

  The importance of Pak-China cooperation in infrastructure development can be best understood if one goes through the Indian opposition of Chinese support for Gwadar port. Although, India itself is helping Iran in construction of Chabahar port, located at a distance of around 70 kilometers from Gwadar. It seems that India is fully aware of the fact that Pakistan offers the shortest and cost effective route to Central Asia via …

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Logistics and infrastructure capacity – the backbone of economic development

  An efficient and cost-effective logistics and infrastructure system not only generates economies of scale, but also creates a favorable global image of an economy. And a favorable image means more global linkages, more international business and more foreign direct investment. On domestic side too, sound logistics and infrastructure mean enhanced mobility of goods and services, which is so important for the marketing system to operate efficiently. Logistics and infrastructure …

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Karachi is a gift from nature — needs world class infrastructure and incentives to attract investment

  Interview with Khalid Tawab – Senior Vice President, FPCCI Profile Khalid Tawab, a prominent business leader and top ranking businessman, has said in an interview that Karachi is a gift of nature and need to have a world class infrastructure to take advantage of strategically located port city of Pakistan. He said it is unfortunate that infrastructure development is totally neglected, which is a setback to our GDP growth …

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CPEC to transform lives of over 3bn people by interlinking region with modern infrastructure

  Export-oriented industries should be facilitated; resourceful solutions needed to curtail energy challenge Mr. Ibrahim Qureshi is a President of the All Pakistan Business Forum (APBF), which is a vibrant business association, with representation from numerous industries and business-sectors. It promotes and protects the interests of the business community in Pakistan and also advises the government on; policy formulation, regulatory realignments, economic reforms and implementation, to ensure better quality of …

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