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Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports.
The economy of Pakistan is categorized as a ... Pakistan also confronted heightened import costs due to the global oil price ... Construction 13.37 -6.70 7.27 -7.97 ...
The contract was awarded to Daewoo Group of South Korea on 30 December 1991 at a cost of Rs. 23,686 billion on a design-cum-construct basis. The original contract was for a four-lane facility. Daewoo provided a loan of $379 million as supplier's credit, covering 40% of the construction cost. The loaned amount would eventually grow to $702 million.
In July 2016, construction started. The foundation stone was laid on March 3, 2017, by Prime Minister Nawaz Sharif. [4] April 2019 was the estimated completion date for phase I. [5] Construction works for phase II had not started yet as of February 2020. [6] The physical progress of the project is around 60.75%.
In May 2016, construction began on the $44 million 820-kilometer-long Pakistan-China Fiber Optic Project, a cross-border Optical Fiber cable that will enhance telecommunication and the ICT industry in the Gilgit-Baltistan, Khyber Pakhtunkhwa, and Punjab regions, while offering Pakistan a fifth route for transmitting telecommunication traffic.
Pakistan's Water and Power Development Authority was to provide the remaining $74 million required for construction, [30] before the project's cost was downwardly revised by $277 million. Interest costs for the loans are estimated to cost $83.5 million. [31]
HGTV home renovation stars Jonathan and Drew Scott – best known as the Property Brothers – are fearful that Trump’s proposed tariffs could send construction costs soaring. The brothers ...
The Kachhi Canal Project is a 499-km long canal project situated in the Baluchistan and Punjab Provinces of Pakistan. It starts from Taunsa Barrage at Indus River and terminates in Baluchistan. The canal provides sustainable irrigation water supply to 720,000 acres of agricultural land in Baluchistan and 30,000 acres of land in Punjab.