BR100 Increased By (0.31%)
BR30 Decreased By (-0.28%)
KSE100 Decreased By (-0.14%)
KSE30 Decreased By (-0.3%)
BECO 5.88 Decreased By ▼ -0.15 (-2.49%)
BML 57.61 Increased By ▲ 4.86 (9.21%)
BOP 33.93 Decreased By ▼ -0.32 (-0.93%)
CNERGY 8.16 No Change ▼ 0.00 (0%)
DCL 11.80 Decreased By ▼ -0.54 (-4.38%)
FCCL 53.67 Decreased By ▼ -0.22 (-0.41%)
FCSC 5.35 Increased By ▲ 0.13 (2.49%)
FFL 17.85 Decreased By ▼ -0.18 (-1%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.22 Increased By ▲ 0.22 (2%)
KEL 8.08 Decreased By ▼ -0.03 (-0.37%)
KOSM 5.47 Increased By ▲ 0.09 (1.67%)
MLCF 88.10 Increased By ▲ 0.05 (0.06%)
NBP 183.90 Decreased By ▼ -2.58 (-1.38%)
PACE 11.47 Increased By ▲ 0.75 (7%)
PAEL 40.41 Increased By ▲ 0.47 (1.18%)
PIAHCLA 26.11 Decreased By ▼ -0.06 (-0.23%)
PIBTL 17.30 Decreased By ▼ -0.02 (-0.12%)
PPL 231.30 Decreased By ▼ -1.48 (-0.64%)
PRL 34.50 Decreased By ▼ -0.45 (-1.29%)
PTC 67.37 Decreased By ▼ -0.19 (-0.28%)
SEARL 91.26 Increased By ▲ 0.33 (0.36%)
SSGC 26.98 Decreased By ▼ -0.19 (-0.7%)
TELE 8.59 Increased By ▲ 0.02 (0.23%)
THCCL 64.80 Increased By ▲ 4.67 (7.77%)
TPLP 9.35 Increased By ▲ 0.59 (6.74%)
TREET 24.62 Increased By ▲ 0.08 (0.33%)
TRG 71.85 Increased By ▲ 0.10 (0.14%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)

PESHAWAR: MOL Pakistan Oil and Gas Company B.V. and its Joint Venture Partners of TAL Block completed the repair and reconstruction of the Gurguri-Banda Daud Shah Road in District Karak of Khyber Pakhtunkhwa.

The newly inaugurated road has been rehabilitated at a cost of PKR 400 million provided by MOL Pakistan and its Joint Venture Partners of the TAL Block.

The Gurguri-Banda Daud Shah Road is a 40-km long road that passes through various communities located in the TAL Block, connecting more than 40 villages and about four Union Councils between the two districts of Karak and Hangu in Khyber Pakhtunkhwa. This road is also used as an alternate transit route to Afghanistan, and is significant to the development of local transit trade in the province.

Present at the inauguration were Chief Guest, Mahmood Khan, Chief Minister of Khyber Pakhtunkhwa, Shahid Ahmad Khattak, MNA Karak, Kamran Khan Bangash, Provincial Minister of Higher Education, Archives, and Libraries, and Provincial Minister of Information and Press Releases, among other government officials.

At the occasion, the Chief Minister Khyber Pakhtunkhwa, Mahmood Khan lauded MOL Pakistan’s efforts to support the people of Khyber Pakhtunkhwa and added that the reconstructed road will not only ease travel time between our communities, but also boost local trade and economic activities in the area. He explained that the province, under the leadership of the Prime Minister is becoming attractive for both domestic and foreign investors. He pointed out that the province’s abundant natural resources require utilization by national and multination corporations to help generate economic activity in Pakistan.

Ali Murtaza Abbas, MOL Group Regional Vice President Middle East Africa and Pakistan said that MOL Pakistan and our Joint Venture Partners in TAL Block are thankful for the support and cooperation extended by the Government of Khyber Pakhtunkhwa to companies working in the province. In turn, we take this opportunity to reiterate our commitment to supporting projects that bring positive change to local communities and greater economic development to the province of Khyber Pakhtunkhwa and Pakistan as a nation.”

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.