Govt to purchase over 18000 acres land for Diamer-Bhasha Dam

ISLAMABAD (APP): Government will purchase over eighteen thousand three hundred acres of land for the construction of Diamer-Bhasha Dam project. An amount of 49 billion will be paid against land compensation to the affectees within the next six months. Government has already purchased over three thousand kanal land from three villages in Chilas and paid compensation to the land owners, reported Radio Pakistan. Three model villages are also being set up at Chilas to provide one kanal land to each affected person free of cost. A 35 kilometers long by-pass road is also being constructed from Chital to Chilas which will be used for transportation of machinery for the dam and also smooth traffic on Karakorum Highway during the construction of dam project.

This mega project after completion will not only generate 4500 MW hydro electricity but also usher an era of progress and prosperity for the country.

Interior Ministry not paying

attention to KCCI’s rightful demand

KARACHI (Staff Reporter): President of KCCI Iftikhar Ahmed Vohra has said that it has almost been more than one-and-a-half months when KCCI asked Interior Minister to waive off the condition of obtaining No Objection Certificate (NoC) from Interior Ministry for bullet-proofing of vehicles but to date, they have neither waived off nor issued any NoC, not even to those applicants whose list has already been forwarded by KCCI to the Interior Ministry. “Interior Minister Chaudhry Nisar will surely be blamed if anything happens to the applicants seeking NoC for bullet-proofing as the Interior Ministry was not paying any attention to KCCI’s rightful demand to waive off the NoC condition,” Iftikhar Vohra added while expressing deep concerns over insecure business environment.

LCCI Import Management

Programme from 16th

lahore (Staff Reporter):  The Lahore Chamber of Commerce & Industry (LCCI) is starting one week training programme “Certificate in Import Management” from March 16th 2015 with a view to equip young entrepreneurs with state-of-the-art import skills. The registration is already in progress and keeping in view the importance of the training programme; people are rushing to reserve their seats. LCCI President Ijaz A Mumtaz said that the program has been designed to make participants capable of independently starting their own importing businesses and ultimately play their significant role in bridging the gap between imports and exports.

 Extremely skilled trainers, who are well-versed with their subject, having vast practical knowledge of their field, would conduct the training program. Participants would be awarded certificate of participation and LCCI is optimistic that said certificate would be welcomed by the employers while appointing import managers in their companies.

Seminar on public-private


lahore (Staff Reporter):  Punjab Board of Investment and trade PBIT, in collaboration with Public Private Partnership Cell of Planning and Development Department, organised a seminar on public-private partnership at the Lahore Chamber of Commerce and Industry.The seminar was attended by key businessmen and govt officials. The purpose of this event was to build an interface between the private sector and public sector of Punjab and to create awareness on new initiatives of Government of Punjab in public-private partnerships. The key objective of the seminar was to market availability of PPP mode in Punjab in order to generate business interest in new modes of development.

It also aimed to provide networking and outreach to business community and to establish future contact for development of Punjab.

‘Economic integration increasingly large part of SCO agenda’

lahore (Staff Reporter): Participation of Pakistan as a permanent member of Shanghai Cooperation Organization in this year of Pak-China Friendship (2015) would prove to be a milestone in creating South-South integration through regional connectivity. Faisal Afridi said economic integration had become an increasingly large part of the SCO agenda that had magnified significance of Pakistan for being the major partner in Silk Road Economic Belt. Similarly, the development of Gwadar Port, emerging as an energy and trade corridor for SCO countries, will also add value in the role of Pakistan in future economic development of the region.

Afridi stated that “SCO has created a new model of international relations — partnership instead of alliance.” He described SCO as “fully in tune with the realities and requirements of the 21st century”— the model for future international relationships. He mentioned that as this is going to be an Asian aentury, “the regional and world powers couldn’t ignore Pakistan in any kind of framework that places a focus on peace and development within the geographical arena of SCO” added Afridi.