Author: Admin

Unlocking Pakistan’s Mineral Wealth: A Pathway to Economic Growth

Admin
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Pakistan is endowed with vast mineral resources that hold immense potential for economic growth and industrial development. With abundant reserves of coal, copper, gold, iron ore, chromite, and precious stones, the country’s mining sector has the capacity to become a significant contributor to national progress. However, despite its rich mineral landscape, the sector currently contributes only 3.2% to Pakistan’s GDP, with mineral exports accounting for a mere 0.1% of the global total. With increased exploration, foreign investment, and infrastructure development, Pakistan’s mining industry is poised for substantial growth. Spanning approximately…

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Sindh Energy Department and Pakistan Railways Sign MoU for Thar Railway Line

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Karachi: A Memorandum of Understanding (MoU) for the construction of the Thar Railway Line was signed between the Sindh Energy Department and Pakistan Railways at the Energy Department Secretariat. The MoU was signed by Musaddiq Ahmed Khan, Secretary of the Energy Department, and Muhammad Farooq Iqbal, Chief Marketing Officer of Pakistan Railways. Sindh’s Minister for Energy, Planning, and Development, Syed Nasir Hussain Shah, emphasized the significance of this project, stating that it aims to transport Thar coal to power plants across the country. The railway project will establish a 105-kilometer-long…

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LONGi and BNZ Strengthen Partnership with 336MW Solar Agreement in Southern Europe Madrid,

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February 2025 – LONGi Solar Technology, a global leader in solar module manufacturing, has signed a Strategic Framework Agreement with BNZ, a premier independent power producer (IPP), to supply 336MW of advanced solar modules for BNZ’s 2025 pipeline in Europe. This agreement reinforces their long-standing partnership and underscores a shared commitment to expanding renewable energy capacity. BNZ, part of Nuveen Infrastructure’s Europe Clean Energy Fund III, is on track to surpass 500MW of operational solar projects across Spain, Portugal, and Italy this year. With 130MW of BNZ’s existing capacity in…

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CPEC can make Pakistan gateway for int’l trade, investment: president

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for int’l trade, investment: president Source: Xinhua Editor: huaxia 2025-03-11 09:16:22     ISLAMABAD, March 11 (Xinhua) — Pakistani President Asif Ali Zardari said on Monday that the China-Pakistan Economic Corridor (CPEC) and Gwadar Port have the potential to transform Pakistan into a center of international trade and provide vital connectivity to multiple regions. “CPEC remains central to our vision of connectivity,” the president said, urging the government to prioritize these two projects to position Pakistan as a gateway linking Central Asia, South Asia, and the Middle East. Addressing the joint…

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Pakistan seeks deeper ties with China in economy, technology

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BEIJING (APP) – Pakistan’s Ambassador to China, Khalil Hashmi, highlighted the key takeaways from China’s annual Two Sessions, emphasising economic confidence, technological innovation, and Pakistan-China cooperation under CPEC Phase II. Speaking with China Economic Net about the Chinese government’s work report, Ambassador Hashmi pointed out that China’s sustained 5% economic growth is a remarkable feat. He noted that China’s focus on “new quality productive forces,” green technology, and digitalization will drive future development. “I think of two words: economy and technology. China is a major power, and its domestic policies…

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