|
|
Daily
Economic Activities |
|
(July 18,
2009) |
|
Economic
Bulletin |
click
here for Market
Glimpse |
|
Priority
being given to Public Private Partnerships Projects: Zardari;
President Asif Ali Zardari has said that the highest priority
is being given to Public Private Partnerships Projects, during
his meeting with Advisor to Infrastructure Project Development
Facility (IPDF) Ghulam Murtaza Satti at the Presidency Islamabad.
He was briefed on various projects run by IPDF and hiccups in
executing them.
(Source, BR) |
Korea
intends to build economic zone in Pakistan: Senator Waqar Ahmed
Khan;
Federal Minister for Investment Senator Waqar Ahmed Khan said
that the government is making all out efforts to ensure business-friendly
environment in the country to fetch foreign investment in the
country. He was talking to a delegation of Korean investors led
by Shouyang
Ho who called on him.
(Source, APP,
BR) |
Government
to revitalize Swat economy: Makhdoom;
Federal Minister for Commerce, Makhdoom Amin Fahim said on that
the government would revitalize various sectors of economy in
Swat area to regenerate economic activities. "Swat has a
long history of small scale commercial activities like silk, honey
and fruit production and the government is thinking of revitalizing
these sectors to generate economic activities in the region,"
the federal minister told the Hungarian Ambassador, Istvan Darvasi
who called on him at his office Islamabad.
(Source, BR) |
Malaysian
companies invited to construct small, medium dams in Pakistan;
The Water and Power Development Authority (WAPDA) of Pakistan
has invited Malaysian Companies to construct 32 small and medium
dams in Pakistan. The Member (Water) WAPDA, in a letter addressed
to the High Commission for Pakistan in Malaysia, has invited the
Malaysian Companies having experience in building Dams to build
13 Dams in the Phase-I in various parts of Pakistan, either alone,
or as joint ventures with local and international investors and
contractors.
(Source, APP)
|
Pak,
Germany to boost economic ties;
Germany is the largest trading partner of Pakistan with $2.388
billion trade in 2008, but still there is lot of potential to
enhance bilateral trade and economic relations by exploring untapped
potential areas. This was stated by Ambassador of Federal Republic
of Germany Dr. Michael Koch while addressing the business community
at Islamabad Chamber of Commerce and Industry (ICCI).
(Source, The
News, The
Post, Pakistan
Observer) |
Sindh
energy, textile sectors: US firm keen to invest $1.5 billion;
An American firm has shown interest in investing at least $1.5
billion in the textile and energy sectors in Sindh. In this regard,
a delegation of M/s Burgamo E&A, led by its Chief Executive
Officer Hillord Herzorig, called on Sindh Chief Minister Qaim
Ali Shah at Chief Minister House.
(Source, BR) |
FESCO
to spend Rs 1.5 bln on five rental power plants;
A sum of Rs 1.5 billion is being spent on the improvement and
augmentation of distribution system to meet the fast growing needs
of electricity within the jurisdiction of Faisalabad Electric
Supply Company (FESCO). Chief Executive FESCO, Ahmad Saeed Akhtar
said that 5 rental power of 950-MW capacity are being installed
in and around the main load centre of Faisalabad.
(Source, Daily
National Courier) |
|