أرشيف الوسم : Metro

Metro bus: ICCI demands early completion of project

Business persons of the capital have demanded early completion of the Metro Bus Project and rehabilitation of roads and plantation affected by the mega project. Islamabad Chamber of Commerce and Industry (ICCI) President Muzzamil Sabri, in a press release on Sunday, said work on the project was sluggish and authorities were not paying attention to address the environmental concerns. He ... أكمل القراءة »

Metro power project: 50MW project achieves financial closure

THATTA: Metro Power Project, a 50MW wind power project of Metro Power Company Limited located in Jhimpir, district Thatta Sindh, has achieved  financial close. The project being sponsored by Iqbal Ali Mohammad & family, Infraco Asia Development Private Limited Singapore and International Finance Corporation is scheduled to commence operations in the 3rd quarter of 2016. This project worth 1 million is ... أكمل القراءة »

Karachi metro bus: Bahria Town offers Rs42b loan to Sindh govt

KARACHI: Construction conglomerate Bahria Town will give Rs42 billion loan to Sindh government for Karachi Metro Bus project. This was decided in a high level meeting, where Asif Ali Zardari, Bahria Town Chairman Malik Riaz, Sindh Chief Minister Qaim Ali Shah and members of the provincial cabinet unanimously approved the Karachi Metro Bus project. According to a press release, the meeting ... أكمل القراءة »

Metro bus subsidy: Punjab reneges on deal, wants capital to foot larger share

ISLAMABAD:  The capital’s city managers were left dumbfounded after the Punjab government asked them to sign an agreement on behalf of the federal government under which they would pay an increased share of the already-controversial subsidy for the multibillion rupee metro bus project. Earlier, the Punjab and federal governments had agreed to equally split the cost of the subsidy — ... أكمل القراءة »