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 Business

Govt working on mega infrastructure projects to end loadshedding by 2017: PM

byCustoms Today Report
30/06/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Tuesday said his government’s priority was completion of mega development projects and to rid the country of its chronic load shedding problem by 2017.

Addressing the ground breaking of the 24-km signal free corridor of Islamabad Expressway, the Prime Minister said besides development of infrastructure, the government was equally concentrating on the energy-related projects.

You might also like

Punjab, China open International Agri Exhibition & Conference 2026 in Lahore

11/05/2026

Govt to build 500MW floating solar project at Keenjhar Lake

08/05/2026

The around Rs 22 billion project of widening the existing Expressway to 10-lane signal-free road would serve as a major link of Federal Capital with the rest of the country through the Grand Trunk road, shorten the travel time and help cut fuel costs.

Prime Minister Nawaz Sharif said “Pakistan today was at a take-off position, with investment pledges of US 46 billion under the China-Pakistan Economic Corridor.”

He said funding for development projects like Rawalpindi-Islamabad Metro were being made without disturbing the annual Public Sector Development Program. He rejected claims of the critics of Rawalpindi-Islamabad Metro who said that funds for the project were diverted from other projects.

The Prime Minister said his government was giving equal importance to addressing the problem of loadshedding and said this year there was less loadshedding as compared to the last year.

He mentioned a number of ongoing projects including the 960 MW Neelum Jhelum, 1400MW Tarbella-IV and 1000MW by LNG that would help address the issue. He said his government has the credit of lowering the tariff of per unit of electricity by Rs 5.32.

The Prime Minister mentioned the up-gradation of the M-2 Motorway, that needed its mandatory 10-year maintenance, but was neglected and his government had to undertake the project. He said the needful maintenance of the M-2 should have been done in 2008.

He expressed satisfaction over the ground-breaking of the long awaited signal-free project of the Expressway and termed it another significant addition to mega development projects of the capital.

He said the project was very important as the widening of Expressway from Zero Point to Rawat would add more lanes than the motorway.

Prime Minister Sharif emphasized on carrying out the project on international standards and said Islamabad would experience a remarkable improvement in infrastructure in next two to three years.

The Prime Minister also announced plans for linking Rawat with the M-2 Motorway to provide an alternative route to Rawalpindi and Islamabad.

Related Stories

Punjab, China open International Agri Exhibition & Conference 2026 in Lahore

byCT Report
11/05/2026

LAHORE: Punjab Minister for Industry and Commerce Chaudhry Shafay Hussain and Chinese Consul General Sun Yan inaugurated the 19th International...

Govt to build 500MW floating solar project at Keenjhar Lake

byCT Report
08/05/2026

KARACHI: The government has planned a 500-megawatt floating solar power project at Keenjhar Lake in Sindh with an estimated cost...

Electricity consumers likely to receive Rs63.94bn relief

byCT Report
07/05/2026

ISLAMABAD: Electricity consumers across the country, including those served by K-Electric, may receive relief of up to Rs63.94 billion under...

Govt introduces public-driven model for area development projects

byCT Report
06/05/2026

ISLAMABAD: Now citizens have been given the right to suggest development schemes for their areas. As per new guidelines issued...

Next Post

Administrator-West presents Rs 4.61b tax free budget

  • 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.