Posted on: Wednesday, December 17, 2008 ; 03:44 IST
A total of 177 road schemes will be implemented, with an investment of PKR 2194 million in the current financial year 2008-09 in Pakistan’s Federally Administered Tribal Areas (FATA) to make the tribal region more accessible to the rest of the country.
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The Pakistan government is building a National Trade Corridor (NTC) with an investment of PKR 520 billion by 2012 to boost trade activities and exports.
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The new bridge on the river Chenab between Shershah and Muzaffargarh in Pakistan, built at a cost of PKR875 million, will be opened on August 14, 2008.
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The government of Balochistan province, in southwest Pakistan, has allocated PKR 200 million to complete 13 road schemes in various parts of the province.
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Pakistan government has decided to spend a sum of Rs107billion for the construction of six new highways and expressways in addition to converting Karachi-Hyderabad super highway into motorway.
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The establishment of the National Trade Corridor is expected to pave the way for not only regional trade connectivity, but also it would usher in provincial harmony and all round economic development.
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A sum of INR 400million is to be spent by the Sialkot district government for construction of 200-km of new roads. The work connected with new roads is expected to begin soon.
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RPTL signs power pact with western region power utilities
Reliance Power Transmission (RPTL), subsidiary of Reliance Infrastructure, India’s largest private sector enterprise in power utility, has signed power transmission agreement with eight entities from western India for two inter-state power transmission projects.
RPTL signed the agreement through its two Special Purpose Vehicles (SPVs) for the projects under the Western Region System Strengthening Scheme-II (WRSSS-II), entailing an investment of INR18 billion, for establishing 400 KV double circuit transmission lines of around 1,500 kms, mainly in Maharashtra Continue