PCQ March - 2017 - Pakistan Construction & · PDF fileMarch 2017 ... Construction of Two...

March 2017 www.pcq.com.pk

CONSTRUCTIONPAKISTAN

& QUARRYConstruction of Two Packages of New Metro Bus Two Nuclear Power Projects Under Construction13 15

Through Infrastructure DevelopmentThrough Infrastructure DevelopmentThrough Infrastructure Development

Punjab Poised For Economic ThrustPunjab Poised For Economic ThrustPunjab Poised For Economic Thrust

16 The Big Bend: Giant U-Shaped Skyscraper Planned ForNew York

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DYNAMIC EQUIPMENT &CONTROLS (PVT) LTD.

D E C

Company in Focus

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Technology Review

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Press Release

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News

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News

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News

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News

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News

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Punjab Poised For Economic ThrustThrough Infrastructure Development

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Dynamic Equipment

& Controls (Pvt.) Ltd.

HITACHI ZW Series

JCB Innovation Sees

Launch OF JCB

Taleskid World First

Europe To Keep

Markets Open to

Boost Trade

5.04 Mega Watt

Solar Power Plant At

Pakistan Ordinance

Factory Sanjwal

Inaugurated

Lahore Feeder Buses

For Metro Users

Mosques To Be

Constructed In All New

Sectors Of Capital

Gwader Port Ofers

Multidimensional

Advantages In The

Region: DG Gwader

0 3March 2017www.pcq.com.pk Pakistan Construction & Quarry

Punjab Poised For Economic ThrustThrough Infrastructure Development

According to the Punjab Growth Strategy report, the region needs to grow at 7% per annum to provide jobs to nearly 1 million people entering the workforce every year. This growth target is similar to that proposed in the Government of Pakistan's Vision 2025, which sets doubling of current GDP as its target. In order for this strategy to work, Punjab must focus on increasing produc�vity of scarce resources. This requires improving the investment climate by upgrading infrastructure and addressing energy shortages but also streamlining regula�ons that slow down the growth of produc�vity in manufacturing, agriculture and services. Importantly, it also requires growth of produc�vity such as Punjab's rapidly growing urban centers, its youth bulge and its strategic regional loca�on. Working in close collabora�on with the Federal Government to strengthen exis�ng and proposed social protec�on mechanisms that assist the poorest segments of society. Finally, it is

cri�cal to acknowledge that for social and environmental sustainability, economic growth in Punjab must be regionally balanced and environmentally sound.

Lahore, the city of gardens is the provincial capital of Punjab. It is the second largest city of Pakistan with a popula�on over 7 million. It is enriched with cultural and historical monuments and a�racts thousands of visitors each year. Spa�ally it is expanding towards southern and eastern sides and it took its present shape as a result of three planning efforts which were exercised one a�er the other. All these planning documents were formed to manage the rapidly changing character of the city from industrial to service, trade and business hub.

The economic hub of the region, Lahore is known for its vibrant urban life, rich culture and celebrated heritage, and now as an increasingly progressive city that is developing at a fast pace. Housing takes up a l a r g e a m o u n t o f a r e a i n t h e n e w development of the city of Lahore, resul�ng in a lot of horizontal growth. This horizontal growth has increased the urban footprint of the city, resul�ng in the residents' need for an improved communica�on network. Most gated communi�es in Lahore are situated along Bedian road, Burki road, DHA road, Lahore ring road and Raiwind Road. These are all developed on the outskirts of the city, due to availability of large area of agriculture land in the outskirts.

Punjab contributes 60 percent to the country's economy

With a popula�on of around 10 million, Lahore is the 34th largest city in the world

Mr. Shehbaz Sharif, Chief Minister And Architect of The New Punjab

DHA Golf Club, Lahore, Punjab - Pakistan

Grand Jamia Mosque, Bahria Town, LahorePunjab - Pakistan

COVER STORY

www.pcq.com.pkMarch 2017Pakistan Construction & Quarry0 4

Gated communi�es offer residents the opportunity to own a house, which otherwise would not be possible in the congested urban areas of the city. Although land in gated communi�es is considerably more expensive than the land in their vicinity, this land is considerably cheaper than the land in Lahore's urban centers. Some of these housing community developers include Eden Group, which is one of the oldest developers, Bahria Town, which is currently the largest private housing community developer in Pakistan with housing in all major ci�es of the co u nt r y. D H A i s a n a r my m a n a ge d development authority with many projects in several ci�es and other developers include Lake City, Paragon City, LDA City, etc. Some new developers are empty un-constructed plots which have been bought as investment assuming that the value of the land will go up as the housing shortage increases in the future.

As new residen�al communi�es prosper, and old ones grow, there is also an increasing need to develop road structures to ensure seamless communica�on. With this goal in mind, the Punjab government has planned to spend more than PKR 25 billion to expand a n d m o d e r n i z e t h e r o a d n e t w o r k infrastructure in 36 districts of Punjab. The government's vision to modernize the current road network is aimed to meet the future requirements to ensure quick and effec�ve road connec�vity to boost the pace for socio-economic development in the province.

The provincial government envisions the construc�on of high quality infrastructure as planning, construc�ng and maintaining road network in public sector under need driven and cost effec�ve regimes, aiming at

p r o v i d i n g b e s t p o s s i b l e m e a n s o f communica�on to the general public. Public sector construc�on projects are well r e c o g n i z e d t o g e n e r a t e m a x i m u m employment opportuni�es and contribute

toward enhancing economic growth. Its mul�ple effects on the economy are demonstrated through the wide ranging impacts of the construc�on ac�vi�es in genera�ng industrial produc�on, developing small and medium enterprises, crea�ng self employment marketplace, and promo�ng business and trade ac�vi�es.

The Punjab Government is also planning the construc�on of circumferen�al roads in the big ci�es to reduce traffic stress on metropolitan roads. The Lahore Ring Road project is accordingly being implemented, comprising northern and southern loops. The LRR is designed as a three-lane dual carriageway at a length of 40km and comprises 17 construc�on packages. The second phase is the southern loop, which is a new corridor of 30km, linking Ferozepur Road

interchange to Shahpur interchange.

As part of its goals to improve intercity communica�on, the government of Punjab is working on Lahore's second rapid transit line, a�er the Metro bus. The Orange Line is an under construc�on rapid transit line, and will soon be Pakistan's first modern rail-based mass rapid transit system, with a fully automated and driver less system. The line spans more than 26 km and is designed to handle 30,000 passengers per hour, at a speed of 80 km/h. Though the project is frequently men�oned as a part of the wider China-Pakistan Economic Corridor, it is financed separately, and is being undertaken by the Government of Punjab.

There lies in Punjab a great pool of untapped poten�al that presents itself as the golden triangle; Lahore - Multan - Faisalabad, and Sialkot - Lahore - Gujrat. Taking full advantage of smooth connec�vity between these ci�es is an opportunity that will prove to be beneficial, not only to Punjab, but the en�re country as well. In fact, it is already among the government's plans to connect the region by developing road infrastructure between the aforemen�oned ci�es.

During 2015-16, PKR 70 billion were a l l o c a t e d f o r n e w r o a d s , a n d rehabilita�on of damaged roads

Punjab's growth strategy aims to enhance the produc�vity of scarce resources by upgrading infrastructure, introducing modern techniques and streamlining regula�ons that reduce produc�vity

Faisalabad - Multan Motorway, Punjab,Pakistan

Eden Solar Homes Lahore, Punjab - Pakistan

Lahore Inter City Rapid Mass TransitOrange Metro Train Route Map

COVER STORY


The comple�on of the Faisalabad-Multan motorway will improve the country's north-south road network, promote economic g r o w t h , a n d c r e a t e e m p l o y m e n t opportuni�es, while ensuring uninterrupted regional connec�vity.

Now with the Punjab government's innova�ve step of launching free Wi-Fi in the major ci�es of the province, ci�zens can expect a revolu�onary change in their everyday lives. This is a major step by the Chief Minister, in his goal to provide be�er connec�vity and bridge the digital divide

among masses. So far, a total of 3.5 million ci�zens have access to the Punjab Free Wi-Fi service, and it has the capacity to provide service to 160,000 users on a daily basis. Through this step, the government has shown its apprecia�on of knowledge based usage of the internet, and its importance for economic growth of the country.

At present, there are, however about 50,000 villages in the country with popula�ons below 10,000. There are around 448 small towns with popula�on less than 100,000, and 40 medium size towns with popula�on above 100,000. The 7 metropolitan ci�es include Faisalabad, Multan, Gujranwala, Hyderabad, Peshawar, Rawalpindi and Que�a with popula�on in excess of 1 million, and the two mega ci�es, Karachi and Lahore.

The dynamics in the se�lement system in Pakistan shows a tendency of people to move

from small se�lements to more urbanized c e n t e r s i n e x p e c t a � o n s o f b e � e r employment opportuni�es and higher incomes. With the concentra�on of resources and more investment in industry and commerce the urbaniza�on is likely to increase at a rapid pace. The urban popula�on is therefore expected to rise by another 70 - 80 million by 2030. Karachi and Lahore will be among the world's leading mega ci�es. The urbaniza�on and urban development impact posi�vely on urban growth due to the fact that the provision of infrastructure and housing enhances the efficiency of urban economy. It is expected that modern road systems and ring roads around metropolitan towns will arrest the village - urban popula�on shi�.

The fact is that Punjab has to grow at a much faster pace than the rest of Pakistan, if the na�onal economy is to be pulled out of its current, slow growth mould. Various studies have shown that the performance of the na�onal economy is heavily dependent on the economic performance of Punjab, which contributes 60 percent to the country's economy. This is what the growth strategy for Punjab should aim at; removing the constraints to prosperity in Punjab and give a big push to the na�onal economy.

Once a predominantly rural country, Pakistan is now fast b e c o m i n g a n u r b a n i z e d economy in South Asia, with approximately 58 Mill ion people living in ci�es.

Ring Road Lahore, Punjab - Pakistan

COVER STORY


DYNAMIC EQUIPMENT &CONTROLS (PVT) LTD.

D E C

About Us:

Knowledge, technology and teamwork are at the heart of who we are.

For more than 15 years, we have focused on leveraging these assets to

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consumables for energy sector.

Vision:

Our vision is to be the most admired Services Company for its people,

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Divisions:

Ÿ Food & BeveragesŸ HVACRŸ Heavy Equipment

Ÿ Industrial CompressorsŸ Project DivisionŸ Pharma DivisionŸ A�er Sale Services

Services:

Ÿ On site Service SupportŸ Spare Part SupportŸ Technical Support

Heavy Equipment:

Construc�on Equipment is a major unit of DEC. considering the

growing infrastructure building in Pakistan we Proudly present

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the acquisi�on of Italy CIFA in 2008, Zoomlion ranks first in the world

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Soilmec equipment is used every day on jobsites all around the world

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Dynamic Equipment & Controls

(Pvt) Ltd.

HEAD OFFICE

Address : Sikka Street, 8-km Raiwinid Road, Lahore. 53704 Pakistan,

Phone : (42 35323166-7) , (35323371-2) E-Mail : [email protected], Web :www.dec.com.pk

COMPANY IN FOCUS


Productive and Efficient

We have used market-leading technology to

design the ZW250-6. With a Stage IV-

compliant engine and lock-up transmission, it

works with greater fuel efficiency and

reduced running costs. You can expect a 6%

fuel saving in V-shaped loading and 5% in load

and carry opera�ons. It also releases fewer

emissions than the previous model due to a

selec�ve catalyst reduc�on (SCR) system

without a diesel par�culate filter. To minimise

d o w n � m e , i t h a s a s i n g l e b a � e r y

compartment for quick ba�ery replacement,

and fully opening engine covers for easier

maintenance. You can access many

components from ground level, so daily

checks are carried out quickly.

Safe and user-Friendly

The ZW250-6 is one of the safest wheel

loaders you can operate, thanks to its 360°

visibility from the cab. We have redesigned

the shape of the engine hood, which is now

curved to give you a be�er rear view. It's also

extremely comfortable and user-friendly,

thanks to the ride control feature that

ensures a smooth drive on all kinds of terrain

and an op�onal Joys�ck Steering System for

effortless control. We have also improved the

sound insula�on in the cab to significantly

reduce noise levels.

Functional Beauty for Greater

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Heavy load performance that supports

powerful digging, excellent stability, and

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that improves work effi ciency in �ght job site.

All part of greater work performance.The machine is well balanced by lowering the

center of gravity, keeping balance between

front and rear, and le� and right.

Small Turning Radius for Tight Space

In order to improve turning performance,

such as the distance and posi�on from the

front axle to center pin and center pin to rear

axle, great improvements have been made to

this latest model. In this way, the compact

wheel loader is now easier to use in city

streets and other confined work spaces.

High-Powered Engine

Adopts a high-powered engine that allows for

more powerful, smoother opera�on.

Reinforced Mainframe

To reinforce the front and rear frames, a box-

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F u n c t i o n a l B e a u t y T h a t

Promotes Skillful Operationand ComfortCan be operated skillfully by operators

without great experience. Further, this quiet

and comfortable opera�ng environment is

part of basic ZW concept.

Features of HST Con�nuously adjustable

speed can be achieved by opera�ng the

accelera�on pedal - enabl ing start ,

accelera�on, and stopping to be performed

automa�cally.

Simple and Secure Front Control Lever

A secure and easy-to-use front opera�onlever that controls the front a�achmentsmoothly and speedily.

Modern Motors (Pvt.) Ltd.Modern Motor House 7-CL-10 Beaumon Road

Karachi - 75530, PakistanTel: +92 21 5684531, Fax: +92 21 5680903

SeriesHITACHI

TECHNOLOGY REVIEW


JCB today previews the world's first skid steer and compact track loader with a telescopic boom. The JCB Teleskid is a revolu�onary new product that can reach 60% further forward than any other skid steer on the market and - in an industry first - it is the only skid steer in the world that can dig below its chassis to an unparalleled depth of around one metre. In addi�on, this innova�ve new machine can reach 8% higher than any other skid steer. JCB Chief Innova�on and Growth Officer Tim Burnhope said today:

JCB pioneered telescopic technology with

the launch of the Loadall nearly 40 years ago and today it's the biggest selling telescopic handler in the world. Nearly 25 years ago JCB also introduced another innova�on: the industry's first single-arm - or 'Powerboom' - skid steer, taking safety to new levels. Now the company has taken its drive for innova�ve product solu�ons a stage further by combining both technologies into one to produce the JCB Teleskid: a skid steer and track loader complete with a telescopic boom. The JCB Teleskid has an unrivalled forward reach of 2.4 metres – making it 60% be�er than the nearest compe��ve machine. With a li� height of four metres, the JCB Teleskid can reach 8% higher than any other skid steer in the world. This brand new innova�on receives its interna�onal debut for the construc�on industry at the Conexpo show in Las Vegas.

Tim Burnhope added:

The JCB Teleskid will be on the only skid steer on the market which is able to combine ver�cal and radial li� capability. A unique bucket-posi�oning levelling system allows the bucket level to be set and maintained throughout the boom's range of movement. The JCB Teleskid will feature a fully enclosed cab that is 33 per cent larger than industry average, and JCB's myCHOICE so�ware, allowing control responsiveness and joys�ck sensi�vity to be tailored to suit operator preferences. A 74hp/55kW JCB Ecomax engine will provide high torque at a low RPM and ensure compliance with Tier 4 Final / Stage IIIB emissions standards.

Tracked and wheeled Teleskid models will be sold in North America, while European markets will be offered the wheeled variant which is most popular in that region.

JCB INNOVATION SEES LAUNCH OF JCB TELESKID WORLD FIRST

Through innova�on this machine will surpass the expecta�ons of our customers as the world's first skid steer and compact track loader with a telescopic boom. The JCB Teleskid can reach further forward and li� higher and dig deeper than any other skid steer

The JCB Teleskid can do the work of four machines - a telescopic handler, masted forkli�, compact loader and a skid steer, al l in one easi ly-serviced machine. The telescopic boom will allow operators to load trucks without a ramp, reach over kerbing and dig below ground, all with clear visibility of the a�achment

Local Distributor In PakistanGreaves Pakistan Pvt Ltd

Mezzanine Floor, Razia Sharif Plaza,Block No. 91, Blue Area, Islamabad

Tel (051) 2344543-7,

PRESS RELEASE


Apex Machinery Private Limitedsubsidiary of

www.aml.com.pk

[email protected]

UAN: 111-250-250

f

21/3, Sector No.22, Korangi

Industrial Area, Karachi-74900

Tel: 021-35066901-13

Fax: 021-35066915

16 KM,. Multan Road Lahore

Tel: 042-37511618-23

Fax: 042-37511617

Allied Center, Peshawar Road, 2 K.M, Tarnol

Railway Crossing, Islamabad

Tel: 051-2227000-04

Fax: 051-2227005

KARACHI LAHORE ISLAMABAD

Islamabad: Pakistan's automobile industry is reaping fruits of economic turnaround as sale of cars has increased by 24pc in first seven months of ongoing fiscal year.

All Pakistan Motor Dealers Associa�on (APMDA) member H.M. Shahzad in interview with private news channel said similarly, sale of tractors has witnessed massive upward trajectory of 85pc in country's urban areas during same period.

He informed Figures revealed sale of 104, 000 automobile units in first seven months of fiscal year 2016-17 while only a total of 180, 000 units were assembled in fiscal year 2015-16.

In the backdrop of surge in passenger car sales, Pakistan's booming car market is a�rac�ng global a�en�on as renowned automobile conglomerates from across the globe are pouring investment, he added.

Member Shahzad further disclosed that a buyer has to pay Rs180, 000 to Rs200, 000

over immediate delivery of Toyota car depending upon the colour whereas on vehicle of Honda, own price goes up to as much as Rs350, 000.

Under new automobile policy, a car

manufacturer is bound to make delivery of vehicle to client within two months and if fails in doing so, earlier is bound to return double the amount of advance payment to later, he concluded.

Automobile Industry Increase Cars by 24pc in Ongoing Fiscal Year

RCCI, BCCI sign MoU to Promote Business Opportunities

Rawalpindi: The Rawalpindi Chamber of Commerce and Industry (RCCI) and Bahrain Chamber of Commerce (BCCI) have signed a Memorandum of Understanding (MOU) on the sidelines of Pak-Bahrain Business Opportuni�es Conference at a local hotel in Islamabad on Thursday.

RCCI President Raja Amer Iqbal and BCCI Chairman Khalid Rahman signed and exchange documents at the ceremony a�ended by government officials, chamber r e p r e s e n t a � v e s , i n c l u d i n g Fe d e ra l Commerce Minister Khurram Dastgir Khan, Pakistan’s Ambassador to Bahrain Javed

Malik, RCCI Group leader Sheikh Muhammad Shabir, Sohail Altaf and members of the execu�ve commi�ee.

While commen�ng on the occasion, Raja Amer Iqbal said that the major objec�ve of this MOU was to promote bilateral trade �es between the chambers and mutual benefits of the business communi�es of the both countries. Both chambers will cooperate with each other to establish and develop direct and effec�ve business rela�ons between their respec�ve members and to facilitate arranging business to business (B2B) mee�ngs on reciprocal basis.

Amer Iqbal said that this was a great achievement and milestone for RCCI for promo�ng bilateral trade �es between the two countries. Exchange of trade delega�ons will further enhanced the trade volume between Bahrain and Pakistan, he added.

He said.

Business community of both sides should visits each other’s to find different exportable items for their countries

NEWS


Italian Deputy Minister for Foreign Affairs and Interna�onal Coopera�on Benede�o Della Vedova held a mee�ng with Finance Minister Ishaq Dar on Wednesday to explore avenues of mutual coopera�on. The Italian Deputy Minister assured that the en�re European bloc will be open for trade and efforts will be taken to promote trade to

reach its poten�al.

Moreover, it was informed that the Italian Ambassador to Pakistan Stefano Pontecorvo is ac�vely engaged in promo�ng foreign direct investment by Italian companies in Pa k i s t a n i n a r e a s s u c h a s e n e r g y, infrastructure and machinery.

He appreciated Pakistan’s commitment to joining the Open Government Partnership (OGP) and its accession to the OECD Conven�on on Mutual Administra�ve Assistance in Tax Ma�ers as the organisa�on fa c i l i ta t e s i n t e r n a � o n a l t ra d e a n d investment.

The finance minister told the Italian dignitary that Pakistan had submi�ed a le�er of intent for joining the OGP a�er becoming a signatory to the OECD Conven�on on Mutual Administra�ve Assistance in Tax Ma�ers.

Moreover, Dar appreciated the Italian g o ve r n m e n t ’s e ffo r t s i n p ro m o � n g development projects in Pakistan while also stressing on the great poten�al for trade between the two countries. He added that there is room for greater coopera�on between the two countries in areas of defence, economy, trade and investment.

Europe to Keep Markets Open to Boost Trade

Power Zone Ad


NEWS

Karachi: China Coal Technology & Engineering Group Wang Jinhua is going to have financial close of the project of excava�ng 7.8 million tons of coal from Thar Coal Filed Block-I and install a coal-based power plant of 600 MW at the cost of $3 billion.

This was disclosed at a mee�ng between Sindh chief minister and chairman of said Chinese company Wang Jinhua that was held at the CM House, here on Thursday. Principal Secretary

Naveed Kamran Baloch, ACS (Dev) Mohammad Waseem, Secretary Energy Agha Wasif a�ended the mee�ng while the Jinhua was assisted by CEO of the Thar project Ji Yang Rui, director Dong Liu and director Shaheryar Chish�.

Jinhua invited Murad Shah to perform ground breaking ceremony of the project in May 2017. He said the project would be completed in 2019.

he said congratula�ng his team for working day and night to make it possible. Sindh Chief Minister Syed Murad Ali Shah said it was another milestone through a Chinese firm to launch coal mining and install 660 MW coal-fired power plant at the cost of $3 billion at Thar coalfield Block-I. He said that he and people of the province and Pakistan were happy because they would get rid of load-shedding and energy shortage. he said.

Murad Shah further said that his government h a d a l m o s t c o m p l e t e d t h e n e e d e d infrastructure such as road, bridges, water supply and other facili�es at Thar, therefore investors began taking interest and exploring opportuni�es.

Advertise HereFor

Sales Results

Construction of Two Packages ofNew Metro Bus ServiceApproved

5.04 Mega Watt Solar Power Plant at PakistanOrdinance Factory Sanjwal Inaugurated

A�ock: Rana Tanveer Hussain Federal Minister for Defense Produc�on Tuesday inaugurated Solar Power Plant set up at POF Sanjwal.

With genera�on capacity of 5.04 MW it is the largest solar plant in any industrial unit in the country.

The power generated by the plant will be u�lized in the Factory which will fulfill 50 percent requirement of POF.

The surplus power genera�on will be injected in the na�onal grid on basis of Net-Metering a�er working hours of the Factory.

Talking to media, the Minister remarked that POF efforts towards self-sufficiency in power sector by se�ng up the Solar Power Plant at S a n j w a l w a s a p p r e c i a b l e a n d a b i g achievement.

He expressed the hope that other defense produc�on organiza�ons would follow the footsteps of POF as solar power is a cheap source of energy and will not only help in reduce cost of produc�on but also give uninterrupted power. Moreover, it will reduce load on the na�onal grid besides being environment friendly.

The Solar Power Plant has been designed, installed & commissioned by M/s. HBKCS Hong

Kong and completed two months ahead of scheduled �me.

Lt Gen Omar Mahmood Hayat Chairman POF

Board, Lt Gen (R) Syed MuhammadAwais Secretary MoDP & senior officers of Pakistan Ordnance Factories were also present on the occasion.


NEWS

Train and rail equipment manufacturer, China Railway Rolling Stock Corp won the contract bea�ng Canada’s Bombardier Inc and South Korea’s Hyundai Rotem.

Philadelphia city government on Thursday approved the purchase of 45 mul�level coaches from the Chinese train giant's subsidiary, CRRC MA, for its regional rail network, People’s Daily reported Saturday.

The contract award was based on technical ra�ngs and pricing, said the authority, with CRRC's proposal offering the best value. The mul�level coaches will meet "Buy America" requirements, with 60 percent or more of the parts, labor and fabrica�on done in the US.

CRRC MA came in with a low bid of $137.5 million, easily bes�ng compe�tors Bombardier, which bid $171.5 million and the $187.8 million bid by Hyundai Rotem.

CRRC MA's deal includes an op�on for 10 more cars, which, if exercised, would result in the contract's value rising to $161 million, s�ll below the base bids by Bombardier and

Hyundai Rotem.

The first of the coaches are expected to be delivered in late 2019. They will be paired with SEPTA's new electric locomo�ves, which are being built by Siemens of Germany.The mul�level coaches will be produced

primarily at CRRC MA's main US manufacturing facility in Springfield, Massachuse�s.

It is the latest win for CRRC. Last week, CRRC Sifang America broke ground in Chicago for a $100 million plant that will build railcars for the city's transit authority.

Chinese Train Manufacturer Wins Railcar Bid in US

Beijing Becomes China’s First City with All Clean Energy Power Plants

Beijing's last large coal-fired power plant suspended opera�ons on Saturday, meaning the capital has become China's first city with all its power plants fueled by clean energy.

The Huangneng Beijing Thermal Power Plant was built up and put into opera�on in June 1999. It has five coal-fired units with a total

installed capacity of 845,000 kilowa�s and hea�ng capacity of 26 million square meters.

Du Chengzhang, general manager of the plant, said it is an efficient and environmental friendly plant with advanced emission treatment equipment. The plant has provided important support to the stable opera�on of Beijing's

electric power system and the heat-supply system.

A�er the suspension of the plant, about 1.76 million tonnes of coal, 91 tonnes of sulfur dioxide and 285 tonnes of nitrogen oxide emissions will be cut annually.

According to a clean air plan by Beijing from 2013 to 2017, Beijing will build four gas thermal power centers and shut down the four large coal-fueled thermal power plants during the period.

Another three plants which used to consume over 6.8 million tonnes of coal each year were closed in 2014 and 2015.

Du said Huangneng will prepare to serve as an emergency heat source for the capital's hea�ng system a�er opera�ons cease.

Three of the four gas thermal power have already been built and are in use.

Beijing has 27 power plants, all fueled by clean energy with a total installed capacity of 11.3 million kilowa�s.

According to the city's plan, Beijing will build no more large-scale power plants.


NEWS

Beijing: Habib Bank, one of the largest private banks in Pakistan which opened its branch in Urumqi, is eyeing opportuni�es connected with the China-Pakistan Economic Corridor (CPEC), a key component of the Belt and Road Ini�a�ve. Xinjiang is the star�ng point of the CPEC, which links the region with the Gwadar port in Pakistan.The CPEC is es�mated to draw infrastructure investment of $45 billion.

a top bank official said on Tuesday.Bank of Beijing has also established its branch last week in Urumqi, the capital of Xinjiang. According to experts, domes�c and foreign financial ins�tu�ons have been pouring into Northwest China's Xinjiang Uyghur Autonomous Region in recent months, looking for opportuni�es under China's

(B&R) ini�a�ve.

There are abundant opportuni�es in the infrastructure sector, as major investment is planned, and that will a�ract even more companies into Xinjiang. Wang Yu, a top execu�ve at the Bank of Beijing branch in Urumqi, said that the bank first came to Xinjiang in 2015 to

Wang noted that the bank has been involved in financing some infrastructure projects in Urumqi. These are just the latest examples of financial ins�tu�ons entering Xinjiang to lay the founda�ons for opportuni�es that could stem from the B&R ini�a�ve. At the end of 2016, there were 144 financial ins�tu�ons in the region, spanning 15 different categories, including personal banking and investment banking. Xinjiang's banking sector raised 293.8 billion yuan ($42.73 billion) for B&R projects in the region in 2016, up 16.18 percent. Ma Jie, dean of the entrepreneurship school at the Xinjiang University of Economic said, Xinjiang's major plan to improve infrastructure as part of the B&R ini�a�ve will a�ract even more companies.

Ma said, poin�ng to a regional government target of 1.5 trillion yuan investment in fixed assets in 2017.In addi�on to infrastructure, other sectors such as equipment produc�on will also be a focus of the government to support the B&R ini�a�ve and the local economy, noted Ma. Xinjiang's GDP grew 7.6 percent in 2016, higher than the na�onal average of 6.7 percent, the Xinjiang regional government said on February 13.Xinjiang has been helping local companies gain more access to the capital markets. On January 5, the Xinjiang regional government signed an agreement with the China Secur i�es Regulatory Commission. The agreement gives

companies based in Xinjiang a

to be listed on the Shanghai and Shenzhen stock exchanges.

Habib Bank Eyes Opportunities Connected With CPEC In Xinjiang

We have always been very ac�ve on the frontlines of the CPEC

One Belt, One Road

Seize the major opportuni�es of the Belt and Road

Most of the opportuni�es are in the infrastructure sector now because that's what the government is focused on

Green Expressway

Two Nuclear Power Projects Under Construction in Karachi

Karachi: Work on two Karachi nuclear

power projects (KNUPP11 & 111) with

tota l capac i ty of produc ing 2200

megawa�s of electricity is underway.

These power plants are being constructed

in coopera�on with China under China-

Pakistan Economic Corridor (CPEC) at a

cost of over nine billion dollars.

Officials said besides these power project

the work on 1320 Megawa�s coal based

power plants at port Qasim in Karachi,

1320 megawa�s coal based power project

in Thar coal field is also underway.


NEWS

As skyscrapers soar to new heights, a New York architecture firm is taking a different approach, proposing a U-shaped tower that would smash records as the longest building in the world.

Designs for the

Show a 4,000 � long, arched skyscraper that would tower over Manha�an’s Billionaires’ Row – an area named for its ultra-luxury residen�al high-rise buildings.

US architectural studio Oiio came up with the

idea as a way to work around New York City’s strict zoning laws, which the firm says have

But what if we subs�tuted height with length? the company asks on its website. If built, the Big Bend would replace Dubai’s Burj Khalifa, which at 2,722� measures as the longest building in the world.

As for how people would get around in the boomerang-shaped building once it ’s constructed, Oiio says it has a simple, but revolu�onary, solu�on.

What was once considered to be the greatest challenge in elevator history, is finally becoming reality: the elevator that can travel in curves, horizontally, and in con�nuous loops, the firm says on its website.

It says

would allow for the horizontal connec�on of two elevator sha�s on the top of the building and below ground that would allow for a For now, the Big Bend is s�ll in its proposal stage. But, the company’s founder, Ioannis Oikonomou, has reportedly sent the firm’s designs to several companies and is in the process of seeking investors to bring the U-shaped tower to life.

Advertise HereFor

Sales Results

The Big Bend: Giant U-Shaped SkyscraperPlanned For New York

Big Bend

Created a peculiar set of tricks through which developers try to maximise their property’s height in order to infuse it with the pres�ge of a high-rise structure

If we manage to bend our structure instead of bending the zoning rules of New York, we would be able to create one of the most pres�gious buildings in Manha�an. The longest building in the world

An innova�ve track changing system

Con�nuous Loop

China Ready to Work with Pakistan to Move Forward CPEC:Chinese FO Spokesperson

Beijing (China) (APP): A spokesman of Chinese Ministry of Foreign Affairs said on Friday that China stood ready to work with Pakistan to move forward the China-Pakistan Economic Corridor (CPEC) so as to benefit the peoples of the two countries.

Chinese Foreign Ministry Spokesperson Hua Chunying said during her regular press briefing here.

She said, it was important, not only in

promo�ng common development for China and Pakistan, but also in promo�ng regional connec�vity and common development and prosperity of regional countries. In advancing the CPEC, both China and Pakistan adhered to the principle of extensive consulta�on, joint contribu�on and shared benefits, she added.

The Spokesperson said, the dividends and benefits brought by the CPEC would be shared by people in China and Pakistan and in the region. Responding to a ques�on, she rejected apprehensions that once the CPEC trade routes officially opened, Pakistan would be flooded with cheap Chinese products, which would make it hard for local Pakistani companies to survive.

About par�cipa�on of the Guards of Honor of the Chinese People’s Libera�on Army in the military parade marking Pakistan’s Day, she said, at the invita�on of the Pakistani military, honor guards of the three services of the Chinese People’s Libera�on Army sent a forma�on to march in the military parade marking Pakistan’s Day.The CPEC is a new coopera�on framework

set up by China and Pakistan to pursue long-term development. It is also an important project of the Belt and Road Ini�a�ve


NEWS

Islamabad - Finance Minister Senator Ishaq Dar on Sunday said overseas Pakistanis were keen to take advantage of investment opportuni�es in the country and the only need was to facilitate them in all possible ways.

He stated this while chairing a mee�ng of senior officials of the Capital Administra�on and Development Division (CADD) and Capital Development Authority (CDA) on new sector development by CDA including the proposed housing sector for overseas Pakistanis.

Minister for CADD Tariq Fazal Chaudhry was also present on the occasion. The mee�ng wa s b r i efe d a b o u t C DA ' s p l a n s fo r development of new sectors and commercial areas.

Dar said that priori�sa�on of different op�ons for development of new sectors should be made a�er detailed technical assessments. He said that with increased economic ac�vity, the urban housing needs

were also increasing and CDA should respond to the new requirements. He said the government would fully support CDA in its efforts for developing the housing sectors, including the one for overseas Pakistanis in accordance with interna�onal standards.

He said that the proposed sector for overseas Pakistanis would afford them an opportunity of safe and secure investment besides, providing them quality residen�al environs

with all ameni�es. Dar hoped that CDA would make all out efforts for accelera�ng the work on development of new sectors.

The CADD minister said that development of new sectors was an important ini�a�ve and it was important to implement it at a fast pace. The Islamabad mayor assured that CDA would complete the preliminary work and make a detailed presenta�on with work plans for the new sectors.

Facilitating Overseas Pakistani Investors

CM Punjab Appreciates Pace of Quality Construction Work

Punjab Chief Minister Muhammad Shahbaz Sharif visited Lahore Ring Road Southern Loop Project and reviewed pace of construc�on work at different places of the project.

D.G FWO Lt. Gen Mohammad Afzal also accompanied the Chief Minister. Shahbaz Sharif appreciated the quality and pace of construc�on work while he also praised the working of Director General Lt. Gen. Muhammad Afzal and his team. Shahbaz Sharif paid 2 hours long visit to the site of the project and reviewed the working from Komahan to Gajjumata and from Gajjumata to Raiwind Interchange of Lahore Ring Road of Southern Loop.

The Chief Minister was briefed about the progress of construc�on work at Raiwind

Interchange. On the occasion, the Chief Minister expressed his views and said that he is pleased to see the high quality and pace of construc�on work at 22.4 kilometer long road of Lahore Ring Road Southern Loop project.

He also expressed his sa�sfac�on over pace of the project and stated that the project will be completed within the s�pulated period. He further added that these latest transporta�on facili�es play a vital role in d e v e l o p m e n t o f a s o c i e t y, t h e s e development projects help in eradica�ng not only unemployment but also increase economic ac�vi�es. Southern Loop will become a source for prospering the socio-economic ac�vi�es. People will be benefited in terms of latest transporta�on facili�es and traffic system will be improved a�er the comple�on of 22.4 kilometer long Southern Loop project.

The Chief Minister further said that standard and the pace of the construc�on work at the Southern Loop project is an example of its own. Like all other projects of Punjab Government, this project has also set standards in terms of transparency and

quality and will be capital performance of the government that will be completed within classified dura�on.

D.G FWO Lt . Gen Mohammad Afza l welcomed Chief Minister at Site Office in Komahan and had one to one session with Chief Minister, they presided a session at the FWO Komahan site office in which they were briefed about development and �meline of the Southern Loop project. In the session, CM stated that this is a mega project comes under the public private partnership of Punjab Government and FWO.

T h e C h i e f M i n i s t e r a l s o d i r e c t e d C o m m i s s i o n e r L a h o r e D i v i s i o n fo r hor�culture around the project and said that best arrangement of tree planta�on should be made along both sides of the Southern Loop. D.G FWO Lt. Gen Mohammad Afzal also stated on the occasion that common people will be facilitated more a�er the comple�on of the project and further added that under the leadership of Chief Minister Shahbaz Sharif, Commissioner Lahore Division Abdullah Sumbal and his team have cooperated to the maximum for comple�on of the project.

NEWS


Dubai-based developer to tap into growing outward investment from Pakistan with Gemini Splendor in Sobha Hart land community. Gemini Property Developers is targe�ng Pakistani buyers and investors with its new residen�al project, the Gemini Splendor, located within the Sobha Hartland community in Dubai’s upcoming Mohammed Bin Rashid City.

The Dubai-based developer said in a statement that its decision is based on figures that show the high poten�al of investment from Pakistan as more and more Pakistani investors buy proper�es in the UAE. It added

that Pakistanis are the third largest non-Arab expatriate group inves�ng in Dubai real estate, according to the Dubai Land Department (DLD).

Around 3,372 Pakistani na�onals purchased Dh4.4bn ($1.2bn) worth of proper�es in Dubai in 2016 and Dh8 billion in 2015, DLD sta�s�cs show, and Gemini said that based on these figures it has decided to run a major marke�ng campaign in Pakistan at the Abad-Jang Expo 2017 to be held at the Pakistan-China Friendship Centre in Islamabad from March 24-26.

“As we are on target to deliver our first project in the first quarter of 2018, we want our Pakistani buyers to benefit from the great loca�on,” said Sudhakar R. Rao, managing director of Gemini Property Developers. He added that the company believes there is a substan�al market within the Pakistani community in the UAE, as expatriates from the South Asian country form the second largest foreign na�onality in the UAE with more than 1.2 million overseas Pakistanis contribu�ng in the UAE economy.The construc�on of the Gemini Splendor

luxury residen�al project marks Gemini Group’s foray into the region’s real estate market, said the company. The G+8-storey residen�al building, being built at Sobha Hartland within Mohammed Bin Rashid City, is in an advanced stage of construc�on. It has a built-up area of over 320,000 square feet will include 134 residen�al units comprising one, two and three-bedroom apartments, penthouses and townhouses.

Apartment units range from 780 square feet to 3,400 square feet, the developer said, adding that the community will also have comprehensive retai l , shopping and entertainment facili�es, along with much needed green spaces.

Rao said. The layout and design of the Gemini Splendor will make the Pakistani and South Asian families more comfortable and make them feel at home.

Gemini Targets Pakistani Investors With Dubai Project

Dubai is an a�rac�ve place for investment and real estate provides the best investment opportunity

Islamabad: The Planning Commission has released Rs 79,119.948 million against total alloca�on of Rs 161,816.37 million in annual Publ ic Sector D e v e l o p m e n t Programme (PSDP) 2016-17 for various power and

Power projects so far.

According to the data of Planning Commission, a sum of Rs 69,814.400 million was released for power sector against total alloca�on of Rs. 130,100 million while Rs 9305.548 million was released against total 31,716.370 million for water projects.

An amount of Rs.9676 million was released for construc�on of Diamer Basha dam, Rs.30,000 million each for 1200 MW LNG based power plants Baloki and Haveli Bahadurshah, Rs78.400 million for 132 KV Pasinzai Grid sta�on with transmission line (Que�a) and Rs.60 million for 132 KV Sub Sta�o at Deep Sea Port Gwadar.

Similarly, a sum of Rs 1000 million for Darwat dam, Rs.350 million for construc�on of small storage dams, Rs.1000 million for Kachi Canal Project (Phase-1), Rs.1200 million for Naji Gaj Dam, Rs.500 million for Lining of Irriga�on Channels (Punjab), Rs 630 million for Remodeling of Warsak Canal, Rs.400 million for Raising of Mangla dam project and Rs.334 million for re-construc�on of Shahdi Kour dam.

Rs79, 119.948mn Released forVarious Power, Water Projects

NEWS


Tradi�onally generator canopies are large rectangular box-like enclosures that are placed on top of genera�ng sets to protect them from the effects of environment and to reduce the noise that is emi�ed from the diesel engine. From the outside most canopies look pre�y much the same but there are significant technical challenges and several design approaches. Many generator suppliers outsource the canopies to a third party and once the generator is installed. Use of this approach makes the enclosures significantly large and not en�rely built to the

acous�c footprint of the par�cular engine. Thus the noise levels are high and the enclosures are bulky and unsightly.

We have our own fabrica�on and R&D Facility. Being an engineering company to the core, we have spent countless hours trying out canopies with varied designs. We do sound level measurements and make sure that the air-flows are sufficient for cooling in high temperature. We collaborated with one of best Italian canopy makers in the world and used their acous�c modeling experience

to improve our designs, while making our modifica�ons to get perfect air-flows suitable for our weather condi�ons. The end results are fabulous and prac�cally the noise level is non-existent. You have to se a running sample at our office to believe the results. These have already been deployed by both Warid and Mobilink on their telecom BTS sites in populous areas where high noise levels can disturb the residents. Homes can benefit from this too..

Please coordinate a visit to our office to see...

Lahore Feeder Buses For Metro Users

Lahore - Punjab Chief Minister Shehbaz Sharif inaugurated Lahore Feeder Bus Service in Model Town on Monday.

The Feeder Bus Service, comprising 200 air condi�oned buses, will run from 6am to 11pm on 14 feeder routes. These buses will cover en�re route of Metro Bus and 120,000 commuters will benefit from this new bus system.

This service will be useful in commu�ng people residing in nearby areas to metro bus sta�on. Metro Bus Service and Feeder Bus service have been interlinked as Metro will charge Rs20 per passenger and the Feeder Rs15 as one-side fare.

The CM also announced launching of Feeder Bus System in Islamabad, Rawalpindi and Multan’s Metro Bus Service routes, which he said, are facilita�ng common man day and night through safe and swi� transporta�on.

He remarked.

Shehbaz further said that Prime Minister Nawaz Sharif has given him responsibility to serve the common man and he would discharge the same at any cost and go to any limit to improve lifestyle of the poor by providing them standard facili�es so that they could also get the feeling of respectable Pakistanis.

They cannot stop me from serving common man and I will con�nue to make un�ring efforts to upli� their standard of life.

the CM added.

He also stated that quality transport facili�es are one of the examples to transform Pakistan as per dreams of Quaid-e-Azam Muhammad Ali Jinnah.

The Punjab government is awoken to the need of the poor and is working really hard to provide best health facili�es to poor man which is an example for the other provinces to follow

Punjab Government is honestly and transparently u�lizing resources on prov id ing the best fac i l i�es of educa�on, health, transporta�on and other to the common man. Those who travel in expensive cars feel jealousy when they see common man traveling with comfort and respect

Those who are indulged in corrup�on, unscrupulous deeds and frauds have no right to cri�cize the welfare projects for the common man

NEWS


CPEC Has Potential To Boost Economy

Karachi: The China Pakistan Economic Corridor (CPEC) has high poten�al to jump start Pakistan’s economy and leapfrog it many places in front of its compe�tors. In fact, if sensibly u�lized, it provides Pakistan with an excep�onal opportunity to make itself count as a developed na�on.

This was stated in a report of Karachi Chamber of Commerce and industry (KCCI) Research and Development Cell.

T h e r e p o r t m e n � o n e d t h a t b e � e r connec�vity would also allow Pakistan to offer its perishable good quality agricultural products in the global markets, which were not being exported �ll now due to high air-freight costs.

The report looks at a number of ways how CPEC is to favourably affect Pakistan:

Power shortage is plaguing the economy since many years and to be eliminated resul�ng in high produc�vity and reduced produc�on costs. The 7 percent es�mated GDP loss a�ributed to power outages would now be catered to travel �me and costs of exportable goods from up-country to ports will be greatly reduced.

The huge trade volume to be generated through CPEC would significantly add to diverse economic ac�vi�es including clearing, shipping services and other allied services.

Direct job crea�on in almost all sectors of the economy, including transport, construc�on and power. Construc�on of SEZs and manufacturing setups therein would ignite s e c o n d a r y a n d t e r � a r y r o u n d s o f employment genera�on.

Cargo movement on roads trigger lots of economic ac�vi�es through vehic le m a i n t e n a n c e s h o p s a n d r o a d - s i d e restaurants, es�mated to be Rs 50 billion annually.

CPEC would allow small scale produc�on to be outsourced to suppliers having access to cheap labour in remote areas.

CPEC will immensely help the country’s real estate sector running along the trade corridor.

CPEC will bring be�er trade integra�on with China.

CPEC will link Pakistan to the One-Belt-One-Road (OBOR) project and provide direct access to the markets of Central Asia and Europe.

About 97 percent of the $10 billion Pak-China trade occurs through the sea route. Trade through CPEC would certainly lead to a shi� towards road t ransporta�on and a substan�al increase in bilateral trade.

CPEC is garnering a�en�on of many a foreign firms in the country.

Shanghai Electric’s buying of K-Electric for a record $1.67 billion has made headlines across the investment world and global companies in d iverse sectors f rom Automo�ve (Renault, KIA, Hyundai), Cement (Anhui Conch of China, Asian Precious Minerals of UK), Dairy (Friesland Campina buying Engro Foods) to Electronics (Turkey’s Arcelic $258 million buyout of Dawlance) are fast choosing Pakistan as an investment des�na�on.

Turkey Starts Building ‘World’s Longest Suspension Bridge’

Istanbul, (APP/AFP) – Turkey on Saturday started work on building what it says will be the world’s longest suspension bridge, spanning the Dardanelles strait that divides Europe and Asia.

The bridge is the latest in a succession of massively ambi�ous infrastructure projects championed by President Recep Tayyip Erdogan and the launch of the project comes a month ahead of a referendum on expanding his powers.

Authori�es expect that work on the bridge will be completed in 2023, the year that Turkey celebrates the 100th anniversary of the founda�on of the modern republic by Mustafa Kemal Ataturk. Appropriately, the span of the bridge is to be 2,023 metres (6,637 feet).

This will make it the longest suspension bridge in the world, overtaking the Akashi Kaikyo Bridge in Japan which is just under

2,000 metres long, state media said.

The ground breaking ceremony was a�ended by Erdogan on the Asian side and Prime Minister Binali Yildirim on the European side of the site. Said Erdogan.

The bridge will be the number one in the world. It will connectEurope and Asia

NEWS


Gwader Port Offers Multidimensional AdvantagesIn The Region: DG Gwader

Islamabad, (APP): Director General (DG) Gwader Port Authority Dr. Sajjad Hussain Baloch on Friday said Gwadar port offers mul�dimensional advantages which would influence the geostrategic and economic environment in the region.

Talking to Radio Pakistan, the DG further said Gwader port has huge poten�al to facilitate interna�onal trade and development of China-Pakistan Economic Corridor (CPEC).

DG Gwader highlighted that the �mely comple�on of development projects would convert Gwader port into a hub of trade and commerce, adding that the beginning of the trade ac�vity from this major port would also work as a major incen�ve for all stake holders.

Quo�ng PM’s visit to Gwader, he said Prime Minister Nawaz Sharif kept his focus on Gwader’s inhabitants.

He announced mega funds for university, hospital, and clean water projects. New dams

would be built and installa�on of 300 MW power plants has also been announced, he men�oned.

Gwader could be made into a free and special economic zone which would bring prosperity

to the province, he added. Gwader port would decrease the distance to their trading des�na�ons and would provide them with the opportunity to export goods to the Middle East, he concluded.

Mosques To Be Constructed In All New Sectors of Capital

Mayor of Islamabad and Chairman, CDA Sheikh Anser Aziz has said that Metropolitan Corpora�on Islamabad (MCI) and Capital

Development Authority (CDA) are ac�ng upon a comprehensive strategy under which Authority will construct mosques in every

new sector in accordance with the future needs of the sector. Mayor of Islamabad and Chairman, CDA expressed these views while inaugura�ng Masjid Al-Aman constructed by the Authority at the Rawal Town here on Friday. On this occasion, Deputy Mayors, MCI, Rifat Javed, Syed Zeeshan Ali Naqvi, Azam Khan, elected Chairmen of different union councils, Senior Officers of CDA and MCI and large number of residents were also present. Mayor of Islamabad and Chairman, CDA also offered Jumma prayer along with public at the mosque.

On this occasion, Mayor of Islamabad and Chairman, CDA Sheikh Anser Aziz said that not only new history of development ac�vity in the city but construc�on of beau�ful mosque is also among the priori�es. He said that when the charge of affairs of the CDA was given to elected representa�ves like other many different projects construc�on work at the mosque was also stalled. However, due to effec�ve monitoring and keen interest in the project with construc�on work of hospital was not only completed but mosque has also been opened for general public.


NEWS

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