Construction Archives

Lahore’s newly-built mega Shahkam Chowk flyover opened to traffic

The newly-built Shahkam Chowk flyover has been started for traffic, facilitating the mobility of the public at Link Canal Road, Shahkam intersection,...

703

Local cement sales fall 1% to 47.63 million tonnes in 2021-22 fiscal year

Regardless of persistent price hikes and a stoppage in construction activities during the past few months, national cement sales in FY22 depicted...

995

50 km mountainous road project to link KP and Azad Kashmir cleared by CDWP

The Central Development Working Party (CDWP) has cleared 19 mega development project having an estimated cost of Rs 142.3 billion. The meeting...

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Punjab PDWP approved six development schemes at a cost of Rs 21.8 billion

The Punjab Provincial Development Working Party (PDWP) gave nod to six development schemes of different sectors having an estimated cost of Rs...

722

In a first, DG Khan Cement to export 50,000 tonnes building material to US

One of the leading cement manufacturers in Pakistan, DG Khan Cement Company (DGKCC) will be exporting 50,000 tonnes of the building material...

1.0K

Contract for 168-km missing link of CPEC’s M-8 Motorway awarded by NHA

The National Highway Authority (NHA) gave the contract costing Rs8 billion for the construction of 168 kilometers long-missing link in the M-8...

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Cement sales drop by 16% in May due to uncertainty and soaring inflation

A 16 percent drop in cement sales has been observed on a year-on-year to 3.32 million tonnes in May due to political...

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Construction on Rs 36 billion Dir Motorway will start within three months

Chief Minister Mahmood Khan has inaugurated several development projects in the Lower Dir district, also broke grounds for many other schemes and...

1.0K

Rs 7 billion Timergara-Khar-Mamad Gat Road will link Mohmand, Bajaur and Dir

Frontier Works Organization (FWO) employed up-to-date practices for the immediate accomplishment of the Rs 7 billion mega road project. It seems that the Timergara-Khar-Mamad Gat...

523

Cement despatches fell by 28.6% to 3.52 million tonnes in April

Local cement sales remained depressed both in April and between July-April 2021-22 (10MFY22) because of unstable economic and political circumstances, as per...

635

Lucky Cement consolidated earnings at Rs 26.53 billion in 9 months

Lucky Cement Limited has earned a net profit of Rs 26.53 billion during the last nine months of 2021, as per the...

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Sihala Flyover will be constructed on Kahuta Road by FWO in one year

The Sihala Flyover project has been given to Frontier Work Organisation (FWO) after terminating the contract with a private company, the city...

929

KP govt failed to launch 10 major foreign funded projects worth over Rs 203 billion

The Khyber Pakhtunkhwa (KP) government failed to start 10 major foreign-funded projects costing more than Rs 203 billion in the current fiscal...

908

Steel prices rise for second time in April to all-time high of Rs 227,500 per ton

The second increase in the ongoing month has pushed the steel bar price to an all-time high of 227,500 per tonne due...

1.1K

306 KM 6-lane Sukkur to Hyderabad M-6 Motorway to be built at a cost of Rs 307 billion

The Public-Private Partnership Authority (P3A) Board gave nod to the Public-Private Partnership (PPP) Agreement for the construction of Sukkur-Hyderabad Motorway (M-6) and...

904

Cement prices increase to all-time high of Rs 870 amid rising costs and more demand

Cement prices have shown an immense increase due to escalating coal rates, limited supplies, and other related problems, consequently increasing the cost...

970

Steel price raised twice in four days to rise above Rs 208,000

Manufacturers have increased the price of steel bars by up to Rs 8,000 to above Rs 208,000 per tonne in less than...

1.8K

Construction work on 153 km Chitral-Shandur road begins after 40 years

The construction work of Upper Chitral and Shandur Road after 40 years has been handed over to National Highway Authority after federalization,...

897

Construction cost goes up amid cement, steel price hike

The prices of cement and steel have shown a hike in the local market amid a rise in international commodity prices. According...

771

Satellite-based monitoring to track sluggish development projects

The federal government is going to keep a physical check on the progress of development projects through satellite-grounded monitoring. The meeting of...

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Less construction, transportation activities dip cement sales 16.6% in January

A continued decline in cement supply is seen in January having a 16.58 percent decrease is sales mostly owing to the cost...

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22 new roads to be built in Central, West districts of Karachi

Construction of 22 new roads will be started soon in Central and West district of Karachi and renovation work of 100 parks...

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Government to modernise and improve road infrastructure of Balochistan

The government will soon improve and modernize the road infrastructure across Balochistan in order to ensure the development and prosperity, said PM....

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Export and local sale of cement drops 4.1% to 27.456 million tons in first half of FY22

Total cement dispatches both domestic and exports fell 4.12 percent to 27.456 million during the first six months of the current fiscal...

806

Housing and construction finance jumps 85% to Rs 355 billion in 2021

Housing and construction sector finance by banks increased by an unprecedented 85 percent or Rs 163 billion during the year 2021. According...

743

PM Imran says his govt is building highways at lower cost than past

On Wednesday, Prime Minister Imran Khan said that national highways were now being built at lesser cost than past. He added that...

1.7K

PTI constructed 2000 km road projects across Pakistan

Pakistan Tehreek-e-Insaf (PTI) government has completed work on 2000 kilometers road projects, also started work on additional 6118 km of roads network....

1.3K

Hyderabad-Sukkur Motorway to be constructed on BOT basis at a cost of Rs 191 billion

The Executive Committee of the National Economic Council (Ecnec) has officially approved four development plans valued at Rs 265 billion, as well...

734

Chinese B2B platform Global Building Material to invest $50 million in Pakistan

Global Building Material (GBM), a Chinese internet-based B2B platform, has announced plans to invest $50 million in Pakistan. GBM will open its...

918

Federal government to stop financing provincial development projects

The federal government has decided to stop financing provincial development projects, particularly those relating to devolved subjects. According to the 18th Constitutional...

901

Steel bar prices rise by Rs 2,000 to Rs 197,500 per ton

Steel bar makers have increased the prices by Rs 2,000 per ton, sky rocketing the price to Rs 197,000 due to continuous...

812

Cement sales rise 7% to 4.82 million tons in November

During the period from July to October, this year, the domestic sales and export of cement in Pakistan came down by 7...

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First-ever plastic road in Islamabad made with 10-tonne bottles goes functional

Pakistan’s ‘first plastic road,’ carpeted with almost 10 tonnes of recycled plastic waste, was inaugurated in Islamabad on Monday. Interior Minister Sheikh...

807

Work on 69 new roads in KP in progress to give access to tourist sites

The Khyber Pakthunkhwa Government has decided to construct 69 new roads and combined tribal districts by the allocation of Rs 3,318.783 million...

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10th Avenue in Islamabad and other projects worth Rs 61.24 billion cleared by CDWP

The Central Development Working Party (CDWP) cleared a total of six development projects worth Rs 61.24 billion including the construction of 10th...

954

Construction material inflation pushed ongoing projects cost by Rs 200-400 billion

At present, the government needs 20 to 40 percent additional resources in order to complete the ongoing public sector projects, as the prices of construction materials are much higher. ...

1.5K

Rawalpindi Ring Road made PSDP project and its land acquisition process has started

The Rawalpindi Ring Road project is all set to be included in the public sector development programme (PSDP) as the government fails to find...

767

Prices of steel increased as international costs surge

The increased costs of steel products in domestic and international markets led the Federal Board of Revenue (FBR) on Monday to raise...

1.6K

Major 535 km Punjab Arterial Roads project worth Rs 130 billion approved

The Central Development Working Party (CDWP) on Monday cleared a total of five projects worth Rs 140 billion, including major Punjab Arterial...

729

Construction cost elevated by almost 40 percent to hit a new high

There has been an extraordinary upsurge in the cost of energy and petroleum products and high market demand, resulted in the increase in the...

612

Cement sales declined by 9.07 percent in October

Despite the fact, the present government has given big incentives to the construction industry, cement sales came down by 6.68 percent during the first quarter of the current fiscal year as...

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Construction activities under Naya Pakistan Housing Program created 250000 jobs

Prime Minister Imran Khan on Thursday said that 250,000 jobs have been created so far in the country since the construction activities...

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Construction of Dir motorway and Peshawar-D.I. Khan motorway gets ECNEC approval

The Executive Committee of the National Economic Council (ECNEC) on Friday has approved three mega projects worth Rs 340 billion including Dir...

977

Heavy rains, Eidul Azha hit cement demand in July

The construction activities slowed down in the month of July due to the heavy monsoon and the Eidul Azha, accordingly, the local and international...

751

No fresh tax amnesty for construction sector, says FBR

The Federal Board of Revenue (FBR) has strongly denied that it will offer any new amnesty to construction contractors, claiming that the...

1.0K

Cement sales up 41 percent in May despite increase in price

The local sales of cement jumped 41 percent in spite of the long Eidul Fitr holidays and price increase by manufacturers in...

628

Housing finance goes up by record 36 percent

Housing and construction finance has witnessed a historic 36 percent growth during 2020-21, revealed State Bank of Pakistan (SBP). On Tuesday, SBP...

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More than 7,500 poor families given Rs 3.35 billion in loans to construct homes

A total of 7572 poor families, so far, have been chosen to have their homes under PTI govt’s home financing scheme for...

1.2K

Cement sales grow 16 percent to 28.6 million tons in July-Dec

Cement sales, local and exports, have surged around 16 percent to 28.6 million tons in the first half of the current fiscal...

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PM Imran Khan extends date for construction industry fixed tax regime

Prime Minister Imran Khan has announced the extension in the fixed tax regime amnesty for the construction sector up to Dec 31, 2021. The Prime...

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Approval of EPA to be sought for every construction project: IHC

IHC has ordered that the approval of the Environmental Protection Agency (EPA) will be a must before launching any construction project. According...

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5 new tube wells and 10 construction projects approved for Rawalpindi

District Rawalpindi Municipal Committee has approved the installation of 5 tube wells to overcome the shortage of water in the city and...

2.1K

Sewage treatment plant dropped from Lai Expressway project

6000 Kanal land was purchased for sewage treatment plant but this plant from the Lai Expressway has been dropped due to heavy...

937

Khyber Pakhtunkhwa gives Rs 8 billion tax relief to construction industry

The Khyber Pakhtunkhwa government approves 8 billion rupees tax concessions for the construction sector on property transfer. Under the tax relief package,...

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IHC orders CDA to seal ‘illegal’ navy club

The Islamabad High Court on Thursday called the construction of the Navy Sailing Club on the Rawal Lake illegal and ordered CDA...

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Historic milestone: Mega construction work for Diamer Bhasha Dam kicks off

Prime Minister Imran Khan has inaugurated the Diamer Bhasha Dam which is going to be the world’s tallest roller compact concrete dam. Diamer Bhasha dam will...