The Financial Daily : 2020-08-25

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NATIONAL Tuesday, August 25, 2020 New cement plants to create employment opportunit­ies: Aslam 20 more buses inducted in BRT fleet PESHAWAR: The feeder routes service of Bus Rapid Transit Peshawar became operationa­l fr om Hayatabad area on Monday, as twenty more buses have been inducted in the fleet. According to the administra­tion, t he service has been initiated on three routes of Hayatabad. The mini buses will transport passengers from Karkhano Market to Phase- 7 via Industrial Estate, from Mall of Hayatabad to Phase- 6 Terminal via Basharat Market and from Mall of Hayatabad to Phase- 7 Terminal via Bagh- e- Naran and Haji Camp. Twenty buses have been inducted in the fleet of Bus Rapid Transport ( BRT) Peshawar project to facilitate masses. With the latest induction, the number of buses in BRT Peshawar has now reached 90. The decision has been taken by the authoritie­s after seeing an influx of passengers. Feeder routes of Hayyatabad have been made functional while more routes will be operationa­l within two to three months, the authoritie­s said. On August 13, Prime Minister Imran Khan had inaugurate­d the ruling Pakistan Tehreek- i - Insaf's ( PTI) flagship project, the Bus Rapid Transit ( BRT). The BRT Peshawar project has been built at a cost of around Rs70 billion. About 340,000 common people will enjoy safe, comfortabl­e, and affordable travel in luxury buses on a daily basis. The BRT is a 27.5 kilometer- long main corridor tra ck with 31 stations, besides seven feeder routes of a total of 62 kilometers with 146 stops to facilitate hundreds of thousands of passengers every day. - TLTP LAHORE: Punjab Minister for Industries and Trade, Mian Aslam Iqbal has said that investment worth billions of rupees will arrive with the establishm­ent of new cement plants, which will generate employment opportunit­ies. The minister said this while talking to Fauji Cement Company Ltd consultant­s Ahmad Sohail and Muhammad Usman Arshad, and GM Dandot Cement Asad Ullah Butt here at Civil Secretaria­t on Monday. They apprised him about the difficulti­es regarding acquisitio­n of NOC for installati­on of new cement plants. The minister asserted that no unnecessar­y delay will be tolerated regarding issuance of NOC for setting up cement plants under any circumstan­ce. He urged the concerned department­s to ensure issuance of NOC within the stipulated timeline by performing their duties diligently. The minister underscore­d, "We would not let any hurdle come across with regard to the arrival of billions of rupees investment." He disclosed that Deputy Secretary ( I& T) Moeed Rana has been appointed as a focal person for the issuance of NOC and he would remain in contact with the relevant department­s. He informed the delegation that th e PTI government would provide one window operation for setting up cement plants and issuance of NOC. He highlighte­d that he would personally meet with all applicants for resolving their difficulti­es. Aslam Iqbal emphasized that employment opportunit­ies can be enhanced with the promotion of investment in the country. He remarked, "It is our responsibi­lity to provide facilitati­on to the investors who want to establish cement plants and make investment worth billions of rupees. The minister directed the Mines and Minerals Department to timely indicate sites for setting up cement plants. Secretary Industries and Trade Capt ( Retd) Zafar Iqbal and officers of concerned department­s were also present during the meeting. - TLTP LAHORE: Federal Minister for Education & Profession­al Training Shafqat Mahmood unveiling the plaque to inaugurate 220KV Grid Station, at NTDC, Ghazi Road, Lahore, here Monday. - PID photo Four- day workshop on environmen­t modeling based needs concludes Turkey keen to avail opportunit­ies in Pak energy sector: Envoy ISLAMABAD: The 4- day workshop on environmen­t modeling based requiremen­ts engineerin­g concluded here Monday. The workshop was conducted by Prof. Zhi Jin of Peking University and Prof. Xiohang Chen. This 4- day workshop was attended by 25 researcher­s physically and 60 virtually. In his concluding remarks the Vice- Chancellor University of Karachi, Prof. Dr. Khalid M. Iraqi, congratula­ted the participan­ts of the workshop and appreciate­d the efforts of the organizers of the workshop. He stressed that we have to believe in science - and science is based on reason and evidence. Dr. Iraqi appreciate­d the collaborat­ion between COMSTECH, IEEE and University of Karachi and hoped for future institutio­nal collaborat­ive activities. Coordinato­r General, COMSTECH, Prof. Dr. M. Iqbal Choudhary thanked the participan­ts, organizers and the r esource persons f or their ti reless effort to conduct this 4- day long workshop. He commended this cooperativ­e effort and hoped that such collabora- tive joint activities with Chinese institutio­ns will be carried out in the future. Prof. Choudhary emphasized upon the training and developmen­t of youth. He pointed out that emerging technologi­es will change the world and informed that t hese technologi­es are not resource intensive, these are knowledge and creativity intensive. COMSTECH, Islamabad in collaborat­ion with the IEEE Education Activities Karachi Section organized this 4- day workshop. ISLAMABAD: Turkey has expressed interest to avail opportunit­ies in the energy sect or of Pakistan under newly approved Alternativ­e Energy Policy. This tra nspired during a meeting between Federal Minister for Energy Omar Ayub Khan and Turkish Ambassador to Pakistan, ? hsan Mustafa Yurdakul here on Monday. The ambassador called on the federal minister at his office. Special Assistant to the Prime Minister on Power Shahzad Qasim also attended the meeting. The minister highlighte­d the salient featu res of newly approved Alternativ­e Energy Policy and investment opportunit­ies extended by the government under the policy which would lead to the production of 75 per cent of the country's electricit­y through indigenous resources by 2030. The minister also stated that in line with the new policy, Pakistan would bring modern technology and start production of renewable energy equipment like solar panels, wind turbines and blades. The minister added that energy projects would be awarded through open and competitiv­e bidding under the new Alternativ­e Energy Policy. The Turkish ambassador expressed interest to avail opportunit­ies in the energy sector under new policy. He also appreciate­d the government's resolve to fix energy challenges and move forward to achieve sustainabl­e energy for economic developmen­t of the country. - TLTP AIOU fixes deadline for admission in matric, FA programs as August 31 Khursheed Indictment in corruption case deferred Special Correspond­ent ISLAMABAD: extend the deadline for admission in these programs. Therefore, interested candidates are instructed to send admission forms along with the university copy of the challan form and attested copies of required educationa­l certificat­es to ' Director Admissions, Block 4, AIOU' on or before 31st August. Admission forms and prospectus­es for these programs are available at the main campus of the university as well as regional campuses and prospectus sales points establishe­d throughout the country. Informatio­n about the prospectus sales points is available on the university website and admission forms can also be downloaded from the university website. Moreover, the deadline for the submission of admission forms for face to face programs including BS, MSc, MBA, MPhil and PhD programs is September 8. Admission in these programs can be applied through online mode only. For any further informatio­n, the candidates may access the university website. Deadline for the submission of admission forms for programs offered in the 1st phase of Autumn 202 semester including matriculat­ion and FA is 31st August, says a Press release. Candidates with middle pass certificat­e can apply for admission in matriculat­ion while eligibilit­y criteria for admission in FA is matriculat­ion. Director Admissions, Mian Muhammad Riaz, informed that no decision has been made so far to SUKKUR: An accountabi­lity court i n Sukkur deferred the indictment of Pakistan People's Party ( PPP) leader and former leader of opposition in National Assembly, Syed Khursheed Shah in the assets beyond means case on the request of National Accountabi­lity Bureau ( NAB) on Monday . The hearing of the case was presided over by Accountabi­lity Court Judge Farid Anwar Qazi. PPP leader Khursheed Shah and other accused appeared before the court. At the outset of the hearing, NAB's counsel requested the court to defer the indictment as more evidence has been gathered against Shah and others. Accepting the NAB's request, the court adjourned the hearing of the case till September 8. Talking to media persons after the hearing, Shah said that t he NAB has failed to register reference against him despite the passage of 12 months and vowed to fig ht corruptio n charges levelled against him. - TLTP ISLAMABAD: Special Assistant to Prime Minister on National Security & Strategic Policy Planning Dr. Moeed Yusuf in a meeting with President InterParli­amentary Union Ms. Gabriela Cuevas Barron, here Monday. - PID photo FWO resumes cleaning Karachi drains as more monsoon rains predicted SAPM meets Mastuda, seeks Japan investment in the petroleum sector ISLAMABAD: Special Assistant to Prime Minister on Petroleum, Nadeem Babar has said that the government has taken a revolution­ary step for the petroleum sector of the country by opening it up for the private sector. The special assistant was ta lking to Mastuda Kuinori, Ambassador of Japan, who called on him here at Petroleum Division on Monday. Babar welcomed the ambassador and shared key areas of cooperatio­n in the energy and petroleum sector between both the countries. He discussed oil and gas policy in line with particular areas of opportunit­ies which include exploratio­n & production activities, constructi­on of new LNG terminals, expansion of LPG sector and setting up of oil marketing strategic storage and trading hub in near future. The SAPM hoped that Japanese companies and investors would extend their business interests in light of Pakistan's new policies and improved ease of doing business steps in the petroleum sector. The ambassador expressed his pleasure at opening up the oil and gas sectors and commended the improved ease of doing business environmen­t in the country. He also stressed the need for regional connectivi­ty for cooperatio­n in the energy sector. - TLTP KARACHI: Fr ontier Works Organisati­on ( FWO) on Monday resumed its work to clear sewerage drains in the port city ahead of heavy rain forecast. The FWO teams along with heavy machinery are currently working to clear Gujjar Nullah. Meanwhile, the operation to remove illegal structures built over sewerage drains in the city has been postponed. The drive was set to resume on Monday but it was postponed due to rain forecast in the city. The decision to kick- off an anti- encroachme­nt drive at sewerage drains will be taken in the upcoming few days. It may be noted that on Sunday, Federal Minister for Planning and Developmen­t Asad Umar said that a budget of billions of rupees would be allocated for the cleaning of Karachi. An operation would be launched from Monday ( today) to remove encroachme­nts on major drains of the city. Meanwhile, rain and thundersto­rms are expected in Karachi and other parts of Sindh. According to the Pakistan Meteorolog­ical Department ( PMD), rain and thundersto­rms up to 150mm are expected in Karachi and other parts of Sindh from Monday till Thursday. Karachi is expected to receive heavy showers with thundersto­rms on August 25 ( tomorrow), said the MET office. The PMD has also warned of urban flooding across Sindh including Karachi during the aforesaid time period. - TLTP Chinese envoy opens Sino- Pak tree plantation drive ISLAMABAD: Chinese ambassador Yao Jing here on Monday inaugurate­d China- Pakistan Friendship Tree Plantation campaign for Khyber- Pakhtunkhw­a Province ( KPK) by planting a sapling here at the KPK's House, here Monday, says a Press release. Addressing the inaugural ceremony, he declared that the Chinese government will participat­e in the ongoing efforts of promoting the concept of ' Green Pakistan'. He reiterated his country's resolve t o support Pakistan's socio- economic developmen­t through all possible means. The efforts are already underway to implement 2nd phase of CPEC for this purpose. The campaign was jointly arranged by the Pak- China Fr iendship Associatio­n and Pakhtunkhw­a Developmen­t Foundation. Kamran Khan Bangash represente­d the Chief Minister of the province at the ceremony that was also attended by Zhang Heqing, Chinese Cultural Counsellor, and crosssecti­on of the public representa­tives. Syed Ali Nawaz Gilani, Secretary General of the Associatio­n announced on the occasion that over 20,000 saplings will be planted at various places of divisional headquarte­rs that will be reflective of Pak- China deep- rooted friendship at people- to- people level. The ambassador spoke high about i mportance to KPK's province, in connecting the CPEC with Afghanista­n and other regional countries. He assured his all- out support for enhancing collaborat­ive partner- ship between KPK and Xinjiang autonomous region. He noted that Prime Minister Imran Khan has taken categorica­l position developing CPEC, as a foundation of prosperity and developmen­t not only for Pakistan but the entire region. China, he added, attached high importance to promoting leading role of Pakistan for regional's connectivi­ty and socio- economic progress. China will remain a strong partner of Pakistan on its way to socio- economic uplift in all sphere of life, he added. He expressed his happiness that Pakistan is actively engaged in reviving its economy after getting control of COVID- 19 epidemic. Ambassador Yao Jing also announced that the people- topeople exchanges will be further enhanced in a spirit of participat- ing in developmen­t and learning from each experience to achieve their future goals. He appreciate­d the efforts of Pak- China Friendship Associatio­n for strengthen­ing the bonds of friendship at the provincial level. Kamran Khan Bangash thanked the ambassador for his country's consistent support for the progress and well- being of the people across the board. China- Pakistan friendship is deep- rooted in the hearts of the people and stood the test of the time. About the CPEC, he said this game- change mega project was contributi­ng a lot for the country's bright future. The ambassador also distribute­d shields to those who had been playing active role in promoting Sino- Pak friendship, on behalf of the Associatio­n. ISLAMABAD: Chinese Ambassador to Pakistan Yao Jing along with Special Assistant to Chief Minister Khyber- Pakhtunkhw­a Kamran Bangash planting a tree, here at KPK House, Monday. - PID photo PRINTED AND DISTRIBUTE­D BY PRESSREADE­R PressReade­r. com + 1 604 278 4604 O R I G I N A L C O P Y . O R I G I N A L C O P Y . O R I G I N A L C O P Y . O R I G I N A L C O P Y . O R I G I N A L C O P Y . O R I G I N A L C O P Y COPYRIGHT AND PROTECTED BY APPLICABLE LAW

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