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KARACHI: The UK-funded Karandaaz on Wednesday announced to invest over £15 million for the promotion of renewable energy generation and efficiency measures in Pakistani businesses, a statement said. This initiative is the part of the Department for International Development (DFID) Sustainable Energy and Economic Development (SEED) programme. The SEED programme...
Razak Dawood, Adviser to PM on Commerce & Textile, Industries & Production and Investment concluded visit to South Korea. The Adviser was heading a delegation of textile top players. The delegation had very engaging dialogue with the Korean investors and importers. During the visit Adviser to PM met his...
LAHORE: The country’s first-ever local iron-ore steel mill to be established in Chiniot tops the list of four potential projects selected by the government from across the country for investment by Saudi Arabia, it emerged on Sunday. It may be recalled that Pakistan has signed a Memorandum of Understan­ding (MoU)...
ISLAMABAD: A Chinese firm is working on comprehensive business plan to provide five important services in Pakistan, initially investing $20 million, with future prospects of $600m. Chinese company Timesaco intends to provide a rapid services platform to citizens by launching five special services including a taxi service, heavy cargo delivery...
ISLAMABAD: IdeaGist, the world’s largest incubator, announced an increase in its technology investment from $55 million to $100m to support Prime Minister Imran Khan’s vision on entrepreneurship and innovation in emerging technologies. The additional amount of $45 million will be invested in incubating and accelerating new ventures in emerging technologies,...
ISLAMABAD: Chinese investors have shown willingness to invest around $1 billion in various sectors including automotive, textiles, agriculture and related industries, information technology and telecom industries. The Chinese delegation from the city of Chongqing met Plan­ning Minister Makhdoom Khusro Bakhtyar on Thursday and discussed proposals to explore opportunities for future...
KARACHI: In a positive development, the foreign investors’ confidence in Pakistan’s security situation has further improved, along with Overseas Investors Chamber of Commerce and Industry (OICCI) central management’s visits to the country which has increased over 65%. The OICCI’s annual security survey, conducted in June 2019, shows that the perception of...
ISLAMABAD: Adviser to Prime Minister on Commerce, Textiles, Industry and Investment Abdul Razak Dawood urged Chinese investors to exploit untapped potential of IT sector by bringing investment in Pakistan. In a meeting with Chinese officials on Wednesday, Dawood informed the delegation of the investment friendly policies being offered in Pakistan. Also Read: Repatriation...
ISLAMABAD - The investment to GDP ratio has been targeted by the government to grow at 15.8 percent during the upcoming fiscal year 2019-20 in order to achieve sustained and inclusive growth, official sources said. Among the total investments, the fixed investment is expected to grow to 14.2 percent...
ISLAMABAD: A US company has announced plans to invest in the solar power sector of Pakistan through a joint venture with a local company. The US-based company has already introduced its mobile solar technology in Pakistan, which can be used for civil and military purposes and assist in overcoming the circular...

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Kashmir-CPEC nexus

In a new geostrategic scenario, situation has tied up Kashmir and CPEC with each other forever. Their correlation has opened up a new window...