China's overland Silk Road and Maritime Silk Road Thread
- Thread starter SampanViking
- Start date
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Brigadier
Traveling time from to will reduce to 35 minutes from 2 and 30 minutes after the completion of motorway M-3.
Nankana Interchange under construction at 230 Km Lahore - Motorway M-3. It will be operational for traffic in April 2018..
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Brigadier
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Brigadier
Pakistan joins trillion-dollar economies club as its gross domestic product (GDP) based on purchasing-power-parity (PPP) just crossed $1 trillion. By PPP ranking, Pakistan is now 25th largest economy in the world.
According to World Data Atlas, Pakistan’s GDP PPP in 2017 is $1,060 billion, with an year-on-year growth of 7.32%. This is the highest-ever increase in a decade.
Over the last 20 years, GDP based on PPP of Pakistan grew substantially from $313.7 billion in 1997 to $1,060.75 billion in international dollars rising at an increasing annual rate that reached 7.32% in 2017, according to World Data Atlas’s new ranking.
According to economists, GDP purchasing-power-parity compares different countries’ currencies through a market ‘basket of goods’ approach. Two currencies are in PPP when a market basket of goods (taking into account the exchange rate) is priced the same in both countries. For example, what goods 10 dollars can buy in the US, in the UK, or in Pakistan? Or, how much does a McDonald’s burger cost in the US versus its price in Pakistan?
Comparable developed countries rank higher in GDP Nominal while comparable developing countries rank higher in GDP PPP because prices of goods are cheaper in developing countries as US dollar can buy more in China than in the US.
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Brigadier
1152 Km - Motorway.
: 392 km (M-5) - Motorway u/c (Bahawalpur) section to be completed by April,2018.
04 out of 07 sections to be completed by April 2018, while the whole project (M-5) will be completed in 2019.
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Brigadier
4 lanes 50 Km Karachi-Thatta Dual Carriageway (KTDC) will be completed in Apirl 2018 by Federal Govt.Road will stretch the areas of Gagir, Dabejhi, Garho, Sultanabad, Gujj & Makli and will reduce the distance / travelling & also provide agri market access to far off parts of the area.
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Brigadier
- section of Rattodero - Motorway (M-8) will be completed by March this year.The 151km project had been divided into three packages and the first two packages of hundred kilometers have already been completed, will become a hub of regional trade..
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Brigadier
Neelum Jhelum Hydro Power project latest report
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Brigadier
: Under Construction Abbottabad Interchange and Tunnels near Abbottabad part of Hazara Motorway, , - , ...
