Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Construction of two more lanes of N-55 starts

byCT Report
12/10/2020
in Breaking News, Business, Latest News
Share on FacebookShare on Twitter

 

KARACHI: The addition of two lanes to National Highway, N-55, Ratodero-Shikarpur road was formally kicked off early this week.

You might also like

“Young entrepreneurs can reshape Pakistan’s economic future”

17/10/2026

NBP inks MoU with PowerChina arm for green financing collaboration

17/10/2026

The project is owned by National Highways Authority (NHA) and contracted by a Chinese enterprise, TIEC (Shaanxi Construction Engineering Group Corporation Limite), one of the top 250 global contractors of ENR in 2020.

Located in Shikarpur, Sindh, N-55 is about 43.4 km long. It is the first road infrastructure project in Sindh during the epidemic and the first project to be implemented by the NHA in 2020.

Meanwhile, it is reckoned as an important part of the Central Asia Regional Economic Cooperation (CAREC) plan. At the end of August, TIEC won the bid for this project, and it is expected to be completed in 24 months.

Xu Wei, the manager of TIEC, said earlier in an interview that during the construction period of this project, TIEC will establish a joint venture with the cooperative enterprises for project management and implementation, and the labour force will mainly be Pakistani local employees. “As a Chinese enterprise which attaches great importance to CPEC, we adhere to localised operation mode. TIEC strives to train local technical workers and management talents,” he said.

Xu stated that localised operations have brought great benefits to local development. The projects provide many jobs, fund the training of local labour, and extensively use local building materials. TIEC has kept a close eye on the construction sector in Pakistan, such as housing, roads, airports, hospitals, and other municipal works.

“We will further explore the area of construction investment as well,” Xu said.

Related Stories

“Young entrepreneurs can reshape Pakistan’s economic future”

byCT Report
17/10/2026

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

NBP inks MoU with PowerChina arm for green financing collaboration

byCT Report
17/10/2026

LAHORE: National Bank of Pakistan (NBP) has signed a Memorandum of Understanding (MoU) with PowerChina|Integrity Energy Storage (Shanghai) Technology Co....

FBR implements faceless tax audit and assessment system from October 15

byCT Report
17/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a new framework for conducting tax audits, assessments and related proceedings...

Pakistan explores new funding options with three UAE Banks to ease debt pressure

byCT Report
17/10/2026

ISLAMABAD: Finance Minister Muhammad Aurangzeb held separate meetings with delegations from Sharjah Islamic Bank, Abu Dhabi Commercial Bank and Ajman...

Next Post

K-Electric tariff goes up by Rs2.89

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.