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$45 investment: China set to build $3b LNG pipeline, terminal at Gwadar  

ISLAMABAD: China will lay pipeline from Gwadar to Nawabshah and construct the terminal for liquefied natural gas (LNG) handling and re-gasification facilities and to develop large storages at an estimated of cost $3 billion – $1 billion pipeline and over $2 billion LNG terminal. China will provide for 85 percent cost of the laying LNG pipeline from Gwadar Port to ... Read More »

FBR chief visits Lahore Tax Offices today

  LAHORE: Federal Board of Revenue Chairman Tariq Bajwa will visit Regional Tax Offices (RTOs) and Large Taxpayer Unit (LTU) Lahore Friday. Tariq Bajwa will hold meetings with the officials of customs, RTO I and II. According to details, RTO-I and II chief commissioners, Inland Revenue chief commissioners, LTU chief commissioner and other officials will attend the meeting. The FBR chief would ... Read More »

Danish businessmen to visit Pakistan next month

KARACHI: Denmark Ambassador in Pakistan Jesper Moller Sorensen has said that the first-ever delegation of Danish businessmen will come on a visit to Pakistan next month to explore trade opportunities between the two countries. Addressing a meeting of the office bearers of the Korangi Association of Trade and Industry (KATI), he said the Danish government was eager to enhance trade ... Read More »

Kh Asif sheds light on Chinese investment, projects

ISLAMABAD: Federal Minister for Water and Power Khawaja Asif said that China intends to invest 34 billion dollars in Pakistan as Foreign Direct Investment (FDI) and not as a loan. “Chinese companies aim to invest $34 billion in different projects, while Chinese banks EXIM and China Development Bank would finance these companies,” Asif said while addressing a press conference called ... Read More »