Islamabad, Oct 10: Board of Revenue Reports Lahore Hosts 171 Illegal and 423 Legal Housing Societies. Major findings The Senior Member Board of Revenue (SMBR) unveiled key observations about Lahore’s property market. At the moment, only 423 housing societies have licenses to operate within the city’s boundaries, The rest 171 are unauthorized residential colonies. During its budget session, the SMBR highlighted that all private housing societies in existence should be linked with the PLRA to deal with numerous fraud-related problems. The SMBR pointed out another issue that the sale of fake plots had become common, a situation that exposes the…
Author: Iqra Khan
Islamabad, Oct 10: IBCC Expands Digital Verification System to Link All Educational Boards Nationwide. In order to help the candidates sort out the issue of authentication of their educational documents the Inter-Boards Coordination Commission (IBCC) is on the process of integrating all educational boards of Pakistan with their online document verification system. This endeavour is intended to let student records be verified by the portal itself, which will minimize such paperwork.The major boards such as federal board of intermediate and secondary education the Balochistan board and several Punjab boards have already been integrated. The latest in development is that IBCC…
Islamabad, Oct 10: Pakistan in Strong Economic Position, Open for Business Finance Minister. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Thursday expressed optimism about Pakistan’s prospects, stating the country was at a good place on economic front and open to business. Addressing the Pakistan Saudi Arabia Business Forum, Aurangzeb highlighted government policies aimed at strengthening the private sector to lead the country’s business and economy.The minister emphasized that the government’s role was not to do business, but to facilitate the private sector. He welcomed Saudi Arabian delegates to promote trade and investment through a Business-to-Business (B2B)…
Islamabad, Oct 10: Pakistan Poised to Capitalize on Saudi Arabia’s Vision 2030, Boost Investment and Trade. Federal Minister for Commerce, Jamal Kamal Khan said here on Thursday that Pakistani companies were well-positioned to contribute to and benefit from Saudi Arabia’s Vision 2030, a transformative agenda, leveraging opportunities in construction, IT services, skilled labor, and agriculture. Addressing the Pakistan-Saudi Arab Business Forum, the federal minister said, Vision 2030 aims to diversify Saudi Arabia’s economy, expanding into sectors such as tourism, renewable energy, technology, infrastructure, and more. He praised Saudi Arabia’s visionary leadership in fostering cooperation, particularly through Crown Prince Mohammed bin…
Islamabad, Oct 10: Pakistan Pursues Sustainable Growth to Realize G20 Aspirations. Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar on Thursday citing the government’s efforts for economic stability and existing huge potential for investment, said that the country’s economy had been put on the road to sustainable growth to achieve the dream of joining the G20 club as soon as possible. The deputy prime minister, in his keynote address at the Pakistan-Saudi Business Forum held here, recalled that in 2017, the country had achieved the status of top 24th economy with 4% inflation, below 2% food inflation, 6% GDP,…
Islamabad, Oct 10: Pakistan Aims to Transform Relations with Saudi Arabia into a Development Partnership: Dr. Musadik.Federal Minister for Petroleum, Dr. Musadik Malik, said on Thursday that Pakistan aims to transform its longstanding historical and cultural ties with Saudi Arabia (SA) into a partnership focused on growth and development. Addressing the Pakistan-Saudi Arabia Business Forum, he emphasized the importance of strengthening bilateral relations and Pakistan’s desire to foster closer cooperation with Saudi Arabia to promote mutual economic and developmental progress. “Pakistan and Saudi Arabia have deep historical ties. Saudi Arabia has been a steadfast ally, and both countries continue to…
Islamabad, Oct 9: Chairman CDA, Muhammad Ali Randhawa, chairs Meeting with FCDO on Various Key Areas for support. Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa, chaired an important meeting where a team from the Foreign Commonwealth and Development Office (FCDO) and the senior officers of CDA participated in it. In the meeting, FCDO presented their findings from the CDA Scoping Mission Report which outlined potential areas where the FCDO could provide their technical support and cooperation to improve overall CDA’s working and operations. The discussion focused on key areas analyzed for potential support: the property tax regime,…
Islamabad, Oct 9: CDA Advances Digitization of ICT Records and Property Management System to Transform Islamabad into a Smart City. Chairman CDA and Chief Commissioner Islamabad, Muhammad Ali Randhawa chaired a meeting held to review Digitization of ICT record and CDA’s (Capital Development Authority) Property Management System.The meeting was attended by the Deputy Commissioner Islamabad, senior CDA officers, and officers from the Punjab Land and Revenue Authority (PLRA). During the briefing, PLRA officers informed the meeting that the digitization of 25 mouzas of the ICT has been completed. These mouzas will be made available online by the end of this…
Islamabad, Oct 9: LCCI Highlights Saudi Investment as Key Driver for Economic Growth. The Lahore Chamber of Commerce and Industry (LCCI) expressed gratitude to the government on Wednesday for opening the door for Saudi Arabian investment, which will undoubtedly increase the nation’s economic activity. In a media statement released here, LCCI President Mian Abuzar Shad, Senior Vice President Engineer Khalid Usman, and Vice President Shahid Nazir Chaudhry praised the government’s historic efforts to close deals with Saudis, which he is about to complete during the Saudi Minister of Investment’s impending visit to Pakistan. These upcoming agreements are anticipated to improve…
Islamabad, Oct 9: CDA Initiates Bidding Process for Two Major Road Projects in Islamabad. Later this month, significant infrastructure renovations are anticipated to begin with the goal of reducing traffic at two important city intersections. Habib Construction Services and Maakson Engineering Corporation were the winning bidders for the Serena Chowk on Khayaban-i-Suharwardi and the PTCL Chowk on 9th Avenue, which were put out to financial bids by the Capital Development Authority (CDA) on Tuesday. The PTCL Chowk project drew a bid of Rs. 4.1 billion, while the Serena Interchange received bids of Rs. 4.2 billion. The notice inviting tender (NIT)…
