report on Khaama Press online, Nov 18, 2023According to reports, authorities from Pakistan, Uzbekistan, and the Taliban administration have announced that the estimated cost of constructing the “Afghan Transit” railway line is approximately seven billion dollars. According to BNA News, citing officials from Islamabad, Kabul, and Tashkent, this railway line will be constructed in collaboration with both the private sector and the government. The “Afghan Transit” railway project was signed by officials from the Afghan…
Posts tagged as “project”
report in The Island, Oct 30, 2023Urban Development and Housing Minister Prasanna Ranatunga has warned that the two housing projects funded by China for the benefit of low income families could be jeopardised over a continuing dispute between the Colombo Municipal Council and the Urban Development Authority (UDA). According to a spokesperson for the Urban Development and Housing Ministry, the Chief Government Whip has directed the CMC and the UDA to resolve their differences soon…
by Kashif Abbasi in Dawn, Sept 28th, 2023ISLAMABAD: A Senate panel was informed on Wednesday that “commercial and foreign concerns” were major impediments to completing the long-delayed Iran-Pakistan gas pipeline project. However, officials assured the meeting that efforts for the swift completion of the project have been expedited. The Senate Standing Committee on Cabinet Secretariat, which met with Saadia Abbasi in the chair, decided to invite the attorney general for Pakistan at the next meeting…
By Aziz Buneri in Pakistan Today, Sept 11, 2023PESHAWAR: The Uzbekistan-Afghanistan-Pakistan railway project is poised to become a “game-changer” for Pakistan and emerge a key connectivity hub for Central Asian countries, according to Ziaul Haq Sarhadi, Chairman Standing Committee of Sarhad Chamber of Commerce and Industry (SCCI) on Pakistan Railways and Dry Ports. This ambitious railway endeavor, spanning a total of 760 kilometers, is set to traverse through Termiz in Uzbekistan, Logar, and Mazar-i-Sharif in…
By Charumini de Silva in The Daily FT, Aug 16, 2023In a decisive move, the Cabinet of Ministers approved the termination of what was once described as the ‘largest-ever foreign direct investment agreement between the Board of Investment (BOI) and Hambantota Oil Refinery after years of protracted inaction to fulfil the stipulations of the contract. “Lack of engagement and failure to honour the commitments outlined in the agreement has prompted President Ranil Wickremesinghe in his…
by Anil Giri in The Kathmandu Post, July 04, 2023When Chinese leaders asked Nepal to expedite projects under the Belt and Road Initiative (BRI), Deputy Prime Minister Narayan Kaji Shrestha urged them to first sign project implementation agreements. Shrestha, who visited the Chinese province of Sichuan last week to take part in the 19th Western China Trade Fair, also held talks with Chinese Vice Premier He Lifeng and other senior officials of the Communist Party…
By Prithvi Man Shrestha in The Kathmandu Post, June 19, 2023The Department of Forests in May agreed to give permission to the New Butwal-Bardaghat Transmission Line Project Office to cut 5,822 trees inside national and community forests in Nawalparasi (Susta West). The department’s move was in line with a Cabinet decision of December last year. On May 16, the project office submitted a request with the Department of Forests for signing an agreement, and subsequently…
report in Prothom Alo, June 9, 2023The United Nations’ (UN) special rapporteur on the human rights situation in Myanmar, Tom Andrews, has urged Bangladesh to cease the initiative to repatriate Rohingyas to Myanmar under a pilot project as their lives and liberty are still at risk in Rakhine. The call was made in a press release issued by the UN Human Rights Council (UNHRC) in Geneva on Thursday. In the release, Tom Andrews accused Bangladesh…
Report in The Daily Star, May 1, 2023The Export-Import (Exim) Bank of China has recommended that Bangladesh consider using renminbi (RMB) as a loan currency when receiving financing from the country in order to facilitate deeper bilateral cooperation and accelerate the implementation of digital connectivity projects. “Considering the ongoing US dollar [USD] crisis and progress in establishing digital connectivity, we strongly recommend your side consider using RMB as a loan currency,” said Li Qinxi, deputy…
Report in The Kathmandu Post, April 21, 2023The government has decided to give three more years to the Nepal Army to complete the Rs175 billion Kathmandu-Tarai expressway, the fourth extension in six years after the project failed to meet the completion deadline. The Cabinet meeting on Tuesday took the decision to this effect. The new deadline is April 2027. On May 4, 2017, the government formally handed over the much-touted project to the army, putting…
byJamila Husain in Daily Mirror, Mar 31, 2023*** How transparent really are they on their latest project in establishing an export-oriented oil refinery in Hambantota *** At least 4 out of the six remaining companies who have applied have no experience in oil refineries with some even facing serious allegations ,,,,,While the Power and Energy Ministry has got tough on the Trade Unions and is earning many a praise from a majority of the citizens,…