08252016Thu
Last update: Thu, 25 Aug 2016 05am

Industries & Sectors

Pakistan - Industries & Sectors

PR outsource three more trains, agreements signed LAHORE: Pakistan Railways (PR) on Tuesday signed three agreements for outsourcing the commercial managements of three more trains "Hazara Express, Bolan Mail and Fareed Express" here at Railways Headquarters.According to a spokesman of the PR, in response to an advertisement appearing in national dailies, private parties bought the bid documents for outsourcing the commercial management of Bolan Mail, Hazara Express and Fareed Express.After bids' evaluation two parties were declared successful for operating the three express trains. Syed Jamil and Company offered maximum bid for two trains: Rs 1052.921 million for Hazara Express and Rs 932.921 million for Fareed Express while M/s Rano Khan Jiskani and Company offered maximum bid of 520.159 million for Bolan Mail.All these bids were more than the total annual income of the outsourced trains.Khushhal Khan Khattak Express has already been outsourced and running from August 1, 2016 while these three trains will be operational from August ...

Pakistan - Industries & Sectors

Railways to introduce modern parking sites ISLAMABAD: Pakistan Railways will develop modern parking sites outside railway stations and vacant railway land near markets to increase revenue for the department."These parking places will not only facilitate the passengers but also provide parking facilities to the citizens of the concerned city," official sources told APP on Monday.Initially, they said the parking sites would be made for two to three years that would be helpful in increasing income for Pakistan Railways.In this regard Minister ...

Pakistan - Industries & Sectors

RCCI to organize PACTS on Aug 10 RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) President Mian Humayun Parvez has said that the RCCI would be organizing Pakistan Afghanistan Central Asian Regions Trade Summit (PACTS) on August 10.In a statement he said that the aim of the Summit is to explore the new trade avenues, business opportunities, discuss trade problems and finding the means of ease of doing business between Pakistan, Afghanistan and Central Asia. A day long summit would have ...

Pakistan - Industries & Sectors

Govt making efforts to overcome energy crisis SIALKOT: President, Sialkot Chamber of Commerce and Industry (SCCI) Mansoor Ahmad on Saturday said the government was making adequate efforts to overcome energy crisis and many project had been initiated in this regard.Talking to APP, he said that due to effective policies of the government there was visible improvement in electricity supply as compare to past and hopefully it would be further improved.He further stated that mega project of Sialkot-Lahore Motorway would not only provide ...

Pakistan - Industries & Sectors

Careem Pakistan to provide 100,000 jobs in transport sector Careem, the UAE based car booking service, has inked an agreement with the Technical Education and Vocational Training Authority (TEVTA) under which 100,000 unemployed individuals will be provided training and job opportunities in the transportation sector.The agreement was signed between Junaid Iqbal, CEO Careem Networks Pakistan and Irfan Qaiser Sheikh, Chairperson TEVTA on Thursday, reported the technology media platform Techjuice.“Our organisation will help successful graduates avail job opportunities at a salary ranging from Rs 22,000 ...

Pakistan - Industries & Sectors

Pakistan Railways to procure 55 locomotives from US ISLAMABAD: Pakistan Railways will procure 55 locomotives from the United States on finalization of a competitive bidding process."An agreement worth US$ 213.689 million has been signed with a US company to procure these locomotives, which will be delivered by next year," a senior official of the Ministry of Railways told APP.Besides, he said a project for rehabilitation of 27 locomotives was under execution at Risalpur factory, adding 15 locomotives had been turned out for train ...

Pakistan - Industries & Sectors

USF Company approves telephony, e-services projects for Balochistan, KPK ISLAMABAD: The Board of Directors of Universal Service Fund Company (USF Co) has approved to award a Rural Telephony and e-Services projects for Balochistan and Khyber Paktunkhawa.The projects would be launched in Khuzdar district which includes Karak, Khuzdar, Moola, Zehri, Saroona by Pak Telecom Mobile Limited (Ufone), providing subsidy of Rs 2,418 benefiting an un-served population of about 294,221, covering 725 unserved Mauzas, an official of the Ministry of Information Technology and Telecom told APP.The ...