Tag: 15b

$1.5b Pak-China IT Park moves to execution phase

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article image STAFF REPORT ISB: The Xinjiang No. 13 Division of Construction Corp, Hami, China has been given a "Go Ahead" to finalize the land identified in consultation with all stakeholders and to complete the other formalities for the establishment of Science and Technology Park in Pakistan. Official sources revealed that the Division has requested the provision of a digital map of land and city of Islamabad so that the work on plan and feasibility study could be started. In a few…Read More

| 15b | China | execution | IT | moves | Pak | Park | phase

Rains to fetch Rs 15b benefits to farm sector

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article image STAFF REPORT LHR: The recent spell of widespread rains have given a benefit of at least Rs 15 billion to the farmers at a very critical stage of crops especially, wheat, grams, mustards, oil seeds, vegetables and fodder."Rabi crops had been sown over 2.2 million acres of land in the province of Punjab. These crops need urgent watering at middle stage of their growth since irrigation canal had remained closed for de-silting purposes," said Director General Agriculture Extension Services…Read More

| 15b | benefits | farm | fetch | rains | Rs | sector

CTG willing to invest $15b in Pakistan to generate 10,000MW

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article image STAFF REPORT IBD: Chinese hydel power giant, China Three Gorges Project Corporation (CTG), has shown its interest in investing over $15 billion for generating 10,000 MW powerPakistan.This was stated by the Chief Executive Officer of China Three Gorges First Wind FarmPakistan, Wang Shenliang, at the ground breaking ceremony of $130 million 50MW wind power plant in Jhimpir Thatta, Sindh. The Chinese company is self financing the wind power project and 1100 MW Kohala hydro power project in the…Read More