Pakistan Economy Thread

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ISLAMABAD: Pakistan led South Asia in private infrastructure investment in the region, receiving $5.9 billion in investments in 2017, thus becoming one of the world’s top five private participation in infrastructure (PPI) investment destinations, reveals a new World Bank report.

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ISLAMABAD: The Ministry of Information Technology and Tele-communication has suggested that the government should offer rebate on IT exports in the upcoming budget announcement as the incentive could help boost shipments to $10 billion a year.

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Renault to Assemble Heavy Trucks in Pakistan.....

Ghandhara Nissan signs local assembly agreement with Renault to assembled heavy trucks....

LAHORE: Ghandhara Nissan Limited (GHNL) has signed an agreement with Renault Trucks SAS, France for local assembly of heavy commercial vehicles.

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Exports to touch $24b mark this year

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’s total exports are on the upward trajectory and set to reach $24 billion mark this year, predicted a government official.

Speaking at a pre-budget seminar organised by the Express Media Group on Tuesday, Commerce Minister Pervaiz Malik said exports had suffered over the past three years but were set to increase by around $4 billion this year

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PEACE submarine cable will be built by
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, with 2 landing points in
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and
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, stretching across Africa and Europe.

China is helping to deploy the
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route Fiber Optic Cable through Khunjerab to
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. Significant boost in internet connectivity in Pakistan.

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ISLAMABAD: The government is expecting that exports would amount to $24.9 billion in the outgoing fiscal year, against a target of $23.1 billion.

In the budget document, the government also said that it expects exports to grow to $28 billion in the next fiscal year.

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