Gandhara Tire and Rubber Co., Ltd. has signed a non-binding memorandum of understanding with Shandong Huashing Rubber Co., Ltd. (SHRC), a prominent Chinese technology provider in the tire industry, according to a stock filing on Tuesday. The MoU marks the beginning of efforts to explore a joint venture to manufacture and export tires from Pakistan. … Read more
TFD report KARACHI: The University of Karachi recently hosted a distinguished lecture on “Project Management in Pakistan”, accompanied by the launch of a book authored by Saeed Ahmed Sheikh, Director, Planning and Development. The event is a milestone in the academic and professional discourse on project management, focusing on critical challenges and implementable solutions for … Read more
Ignacio Lasierra Pinto’s debut feature film “Perseidas”, scheduled for Proyecta’s upcoming Ventana Sur sidebar of Featured Projects, has successfully selected an all-star Spanish cast.) García is joined by Best Actress winner Fairouz and Forque , Elena Irureta (“Motherland”), Fayrouz Award-winner Itziar Aisburu (“Flowers”) and Anna Polvorosa (“The Last Night at Tremore Beach”). “This cast would … Read more
K-Electric (KE) has received the lowest tariff offer from Kot Addu Power Company Limited (KAPCO) for its 120 MW solar project in Karachi, according to KAPCO’s filing with the Pakistan Stock Exchange (PSX). Capco reported that it had submitted a bid of Rs 9.8319 per kWh, equivalent to 3.4061 cents/kWh at a reference exchange rate … Read more
Workers stand near a gas pipeline during a construction launch ceremony for the TAPI project on the Afghan section of the natural gas pipeline that will connect Turkmenistan via Afghanistan to Pakistan and India, near the town of Sirhtabat, Turkmenistan, February 23, 2018. Reuters Pakistan will be given “transit fees worth $500 million annually” without … Read more
Islamabad: The World Bank’s $213 million Integrated Flood Resilience and Adaptation Project (IFRAP) is gearing up for restructuring to promote rapid disbursement of funds for resilient housing reconstruction and restoration efforts in Pakistan. Official documents state that the IFRAP, signed on July 3, 2023, aims to revive and improve the livelihoods of communities affected by … Read more
Karachi: The Green Climate Fund (GCF) said on Wednesday that it has allocated $15 million to Pakistani venture capital firm Sarmayacar, so that it can help startups address the impact of climate change in the country that has been at the forefront of extreme weather. Floods in Pakistan, which scientists said were worsened by global … Read more