12092016Fri
Last update: Fri, 09 Dec 2016 12pm

Industries & Sectors

Pakistan - Industries & Sectors

EEM Project enables 13 industrial units to save 866,000-KWh LAHORE: An energy efficiency management project (EEMP) of the Small and Medium Enterprises Development Authority (SMEDA) and Japan International Cooperation Agency (JICA) has enabled 13 industrial units selected from the automotive and foundry sector to save 866,00-KWh energy per annum valuing about Rs 10 million.The speakers said this at a seminar held by SMEDA on Thursday to share results of two-year interventions of the project at a local hotel.Morihito Taka Yama, senior Japanese energy expert, gave a detailed presentation on the results and impact of the EEMP on the selected SMEs.Yasuhiro, chief representative, JICA Pakistan Office informed about various initiatives taken by JICA towards SME development in Pakistan.The prime objective of the project was to reduce energy inefficiencies at SMEs workplaces by introducing Japanese energy conservation tools and methodologies and management practices, he said and added as a result of the project's field activities, considerable amount of energy savings had ...

Pakistan - Industries & Sectors

Neelum Jhelum Project to be operational by December 2017: ISLAMABAD: The National Assembly Standing Committee on Planning, Development and Reforms meeting was apprised on Thursday that the Neelum Jhelum Project would be operational by December, 2017.The committee which met at the office of the Chief Executive Officer, Neelum Jhelum Hydro Power Project (NJHPP) Muzaffarabad (AJK) was directed that all efforts should be made to complete the project in line with the given time frame.The meeting of the committee was held under the Chairmanship of ...

Pakistan - Industries & Sectors

South Korea's Kia to start assembling cars in Pakistan ISLAMABAD: South Korean carmaker Kia Motor Co will start assembling cars in Pakistan, according to a local partner that is planning to invest 12 billion rupees ($115 million) to set up a plant and manufacture the Kia vehicles. Karachi-listed Lucky Cement, which is part of the vast conglomerate Yunus Brothers Group, said in a statement on Thursday it planned to set up a new company to start "manufacturing, assembling" Kia vehicles.It was not clear how ...

Pakistan - Industries & Sectors

Railway to achieve target of Rs40bn revenue during current FY ISLAMABAD: Minister for Railways Khwaja Saad Rafique on Wednesday said the revenue of Railway had increased Rs 36.5 billion form Rs 18 billion since last three and half years of the present government. Speaking in a workshop for the formation of Pakistan Railway Strategic Plan (PRSP), the minister said that ministry of Railway would achieve the target of Rs 40 billion revenue during current fiscal year. He said the Pakistan Railway has arranged this workshop with the collaboration of Asian Development Bank (ADB) regarding its ...

Pakistan - Industries & Sectors

Germany to boost coop in energy sector ISLAMABAD: German Ambassador to Pakistan Ina Lepel Tuesday said Germany has always considered Pakistan as its important ally in South Asia and would boost cooperation in energy sector of the country.   According to a press release, she stated this during her visit to 500 kV Grid Station Nokhar near Gujranwala, a project of National Transmission and Despatch Company Limited (NTDC), completed earlier with funding of German Bank.      Ina Lepel was flanked with First Secretary Sabastian Ernest and KfW team comprising of Dr. ...

Pakistan - Industries & Sectors

NA body for revival of Pakistan Textile City Project, Karachi ISLAMABAD: The National Assembly Standing Committee on Textile Industry on Tuesday expressed its reservations over the closure of Pakistan Textile City Project, Karachi and observed that due to mismanagement and corruption the debt of textile city was exceeding to Rs 2.4 Billions.  The committee which met here under the chairmanship of MNA Khawaja Ghulam Rasool Koreja, also directed the ministry to sale out 250 acers of its land for payment of its outstanding debt and efforts should be made for making it operational ...

Pakistan - Industries & Sectors

Turkish Airlines to play tourism documentaries ISLAMABAD: Turkish Airline will publish Pakistan's tourism attractions in its in-flight magazines and also play tourism documentaries.  This was stated by General Manager Turkish Airline Yunus Mert in a meeting with Managing Director Pakistan Tourism Development Corporation (PTDC) Abdul Ghafoor, said a press release here on Tuesday.  He said that Turkish Airline was operating at 295 destinations in 116 counties across the world, adding that Turkey had introduced visa drop box facility for Pakistani Nationals. Managing Director PTDC appreciated the cooperation of Turkish Airlines in ...