Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Government expecting $5.627 billion inflow through 13 projects
04-12-2009, 07:28 AM
Post: #1
Government expecting $5.627 billion inflow through 13 projects
ZAHEER ABBASI
ISLAMABAD (April 12 2009): The government is expecting $5.627 billion inflow through 13 projects, which are in the pipeline. According to Board of Investment, the projects in the pipeline are of trade, construction, steel, infrastructure, automobile, telecom, power and banking sectors.

A project of Al-Tawarqui Group of Saudi Arabia for steel manufacturing in Al-Tawarqui Steel Mill is also in the pipeline with an investment of $1 billion. An investment of $200 million and $21 million is in the pipeline for projects in trade, services and consumers products from M/s Metro Cash & Carry and M/s MAF Hypermarkets Pakistan (Pvt) Limited (Dubai) respectively.

An investment of $1 billion is in the pipeline by M/s Al Ghurair and the Giga Group of UAE for World Trade Centre, Gold Crest in DHA Islamabad and $450 million from M/s Pak-Gulf Construction Company (PGCL) for residential towers and hotel in the Centaurs in Islamabad.

A project of Al-Tawarqui Group of Saudi Arabia for steel manufacturing in Al-Tawarqui Steel Mill is also in the pipeline with an investment of $1 billion. M/s Agility Logistics, Kuwait also invest $160 million in logistics centers Warehouses.

M/s Tianjin Renong Pesticide Industries Company and M/s Pak-China Chemical are planning $12 million investment in chemical sector. China National Machinery and Equipment Import Export Corporation have a project in the pipeline for investing $450 to $500 million in Sonda-Jherruk Integrated Coal Mine & Power Plant Project.

A project of M/s Haier to invest $200 million in infrastructure development at China-Pakistan Economic Zone is also in the pipeline. M/s King Long United Automotive Industry of China also wanted to invest $1.3 million in automobile sector. Telenor Norway will invest $1.8 billion in telecom sector. M/s Atlas Group would invest $250 million in power and $33 million in banking sector, according to BoI.

http://www.brecorder.com/index.php?id=23...=&supDate=
Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Government Initiates Activation of $1.5 Billion Uplift Fund LRE-Azan 0 137 01-09-2024 03:32 PM
Last Post: LRE-Azan
  Approval of 10 development projects Worth Around Rs. 87 billion (CDWP) LRE-Azan 0 657 02-07-2023 07:50 PM
Last Post: LRE-Azan
  CM lays foundation of over Rs4 billion projects LRE-Azan 0 565 01-18-2023 03:00 PM
Last Post: LRE-Azan
  CDA approves four projects worth Rs 34 billion Salman 0 4,442 04-09-2015 04:19 PM
Last Post: Salman
  Hamza Committee decides to divert Rs66 billion to new projects Salman 0 4,473 03-06-2014 12:00 PM
Last Post: Salman
  Government releases Rs63.476 billion for development projects Salman 0 4,403 10-23-2013 12:15 PM
Last Post: Salman
  Punjab government approves projects worth Rs 3379 million Salman 0 7,190 10-19-2013 01:01 PM
Last Post: Salman
  Walled City Of Lahore Authority Asks For The Approval Of Over Rs 2 Billion Projects Salman 0 14,988 07-01-2013 01:31 PM
Last Post: Salman
  PPP govt spent Rs 2,200 billion on 200 uplift projects Salman 0 5,233 11-02-2012 04:55 PM
Last Post: Salman
  Punjab government High on projects, low on money Salman 0 4,296 09-24-2012 04:12 PM
Last Post: Salman
  CDWP okays Rs 18.7 billion projects Salman 0 4,197 09-07-2012 01:40 PM
Last Post: Salman
  CDA to get Rs1.19 billion for 11 development projects Salman 0 3,741 06-02-2012 12:35 PM
Last Post: Salman
  1,000MW wind power projects: Sindh govt assures AEDB of allocating land for projects Salman 0 6,264 04-24-2012 12:14 PM
Last Post: Salman
  Pakistan, China to execute 36 projects worth $14 billion, Salman 0 4,484 04-16-2012 12:21 PM
Last Post: Salman
  LDA to spend Rs 1.48 billion for development projects Salman 0 4,135 04-02-2012 12:49 PM
Last Post: Salman
  Uplift projects: 'Punjab government is implementing comprehensive programme' Salman 0 4,244 02-17-2012 03:07 PM
Last Post: Salman
  Wind power projects: 12 projects of 1,000 MW capacity to be functional in 2013 Salman 0 5,625 12-30-2011 03:37 PM
Last Post: Salman
  CDWP to take up 39 projects worth Rs 124.655 billion Lahore_Real_Estate 0 3,849 10-11-2011 12:39 PM
Last Post: Lahore_Real_Estate
  Graft in DHA Islamabad’s multi-billion projects alleged Lahore_Real_Estate 0 3,107 10-25-2010 03:40 PM
Last Post: Lahore_Real_Estate
  Reko Diq: $ 40 Billion Earning Out of $ 500 Billion Reserves! LRE 1 7,491 06-30-2010 07:53 PM
Last Post: LRE

Forum Jump:


User(s) browsing this thread: 1 Guest(s)