DOCSLIB.ORG

News Updates

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
News Updates ` Friday, August 08, news 2014 updates Office # 05, Ground Floor, Arshad Mansion, Near Chowk A.G Office, Nabha Road Lahore. Ph. 042-37350473 Cell # 0300-8848226 NEWS OF Mail to: [email protected], [email protected] THE DAY PLP NEWS ALERTS EMAIL No. 180-2014 NEWS HEADLINES Top Stories ................................................................................................................................................... 5 Hostile rhetorics raise spectre of big showdown .......................................................................................... 5 MQM urges Prime Minister to call APC ........................................................................................................ 6 Sharifs mulling fleeing Pakistan, claims Qadri .............................................................................................. 6 The ball is in government's court: Jamaat-i-Islami chief ............................................................................... 7 Former CJP seeks to use record of contempt case against Imran ................................................................ 7 10,400 megawatts projects: Beijing to make required funding ................................................................... 8 Power sector receivables soar to Rs 466.542 billion .................................................................................... 9 Shale gas policy formulated: E&P companies to get $13/mmbtu well-head gas price .............................. 10 No concessionary SRO to be issued in fiscal year 2015: APTMA told ......................................................... 12 Russia threatens to block flights ................................................................................................................. 13 ECB says Ukraine crisis threatens EU recovery, keeps rates low ................................................................ 14 Tapi gas line project: top priority to timely completion: Nawaz ................................................................ 15 Kerry in Kabul to push for new president within weeks ............................................................................. 16 US mulls action in Iraq, warns of 'catastrophe' .......................................................................................... 17 Russia grants Snowden three-year residence ............................................................................................. 18 DVD played in courtroom: Defence challenges veracity ............................................................................ 19 PTI loses PS-93 seat to Jamaat-i-Islami after review................................................................................... 19 WTO confirms China rare earth trade limits break rules ............................................................................ 20 Tensions flare as Gaza truce deadline looms .............................................................................................. 21 Khmer Rouge leaders jailed for life ............................................................................................................. 22 Stocks recoup losses ................................................................................................................................... 22 Business and Economy: Pakistan ............................................................................................................. 24 Domestic debt, other liabilities hit record Rs 11 trillion mark .................................................................... 24 Pakistan's foreign exchange reserves fall by $33.7 million......................................................................... 25 LCCI chief for joint approach to get rid of economic mire .......................................................................... 25 Outlook for Pakistan economy marked by uncertainties ........................................................................... 26 Illegal clearance of pharma raw material: FIA indicts over 75 Karachi-based customs officers ................ 27 Honda honoured with two PakWheels Car Awards.................................................................................... 28 GTF earns acclaim from leading cultural bodies ......................................................................................... 29 'Dilip Kumar's house declared protected heritage site' .............................................................................. 30 Four-day Swat Tourists' Gala kicks off in Kalam Valley ............................................................................... 31 Activity at Karachi and Qasim ports ............................................................................................................ 31 BACK TO HEADLINES Page 2 PLP NEWS ALERTS EMAIL No. 180-2014 Company News: Pakistan ......................................................................................................................... 33 'Trading of government securities will take time to show results,' Managing Director, Karachi Stock Exchange ..................................................................................................................................................... 33 Cotton and Textiles: Pakistan .................................................................................................................. 36 Exporters, mills continue buying afresh...................................................................................................... 36 Cotton prices slump due to uncertainty ..................................................................................................... 37 No concessionary SRO to be issued in fiscal year 2015: APTMA told ......................................................... 38 Energy supply to textile industry still under pressure ................................................................................ 40 Leather goods' export increases by 11 percent to $621.52 million............................................................ 40 Taxation: Pakistan .................................................................................................................................... 42 SRB collects Rs 3.23 billion of ST in July ...................................................................................................... 42 Challenging business conditions SCB income, profits for 1HCY14 lower ................................................... 42 Taxation: World ......................................................................................................................................... 44 US taxpayers to get another big cheque from Fannie Mae, Freddie Mac .................................................. 44 Greek government red-faced over property tax error ............................................................................... 45 South Korea sets rules to tax excessive corporate cash reserves............................................................... 45 Agriculture and Allied: Pakistan ............................................................................................................. 47 PARC's BoG approves Rs 3.59 billion budget for fiscal year 2015 .............................................................. 47 Irsa reduces outflows of Mangla dam to 10,000 cusecs ............................................................................. 48 Clarification ................................................................................................................................................. 49 'Uncertified' sugar being sold in market ..................................................................................................... 49 Daily trading report of PMEX ...................................................................................................................... 50 Pulses' cultivation to be promoted in Punjab ............................................................................................. 50 Early radish variety to be beneficial, claims PAD ........................................................................................ 51 Fuel and Energy: Pakistan ....................................................................................................................... 52 Abid Sher concerned over politics of discord ............................................................................................. 52 Power sector receivables soar to Rs 466.542 billion .................................................................................. 52 Shale gas policy formulated: E&P companies to get $13/mmbtu well-head gas price .............................. 53 Opinion issued to OGRA, MPNR: CCP for ending discriminatory application of IFEM ............................... 54 Efforts on to overcome gas theft incidents: SSGC chief ............................................................................. 56 K-Electric extends last date for payment of bills ........................................................................................ 57 'Innocent protestors' are defaulters: KE ..................................................................................................... 57 LNG import scheduled for March 2015, National Assembly told ............................................................... 58 Fuel and Energy: World ...........................................................................................................................
Load more

Recommended publications
  • 1. Syed Khalid Siraj Subhani 2. Mian Asad Hayaud
    PROFILE OF CANDIDATES WHO HAVE FILED THEIR INTENTION TO OFFER THEMSELVES TO CONTEST IN THE ELECTION OF DIRECTORS AT THE 11th EXTRAORDINARY GENERAL MEETING SCHEDULED TO BE HELD ON MARCH 17, 2021. 1. Syed Khalid Siraj Subhani Mr. Subhani is a Chemical Engineer with Executive Management Program from Haas School of Business, University of California, Berkeley and Leadership program from MIT, Boston. A seasoned executive, his career spanned over 33 years with Exxon Chemical Pakistan Limited, which subsequently became Engro Chemical Pakistan Limited and later Engro Corporation Limited. This included long term assignments with Esso Chemical Canada in Edmonton and at ICI site in Billingham UK. Over the years, he worked in numerous senior executive positions at Engro and played instrumental role in growth and diversification of the company to make it one of the largest business conglomerates of Pakistan. Prior to retirement from Engro he worked as President and Chief Executive Officer of Engro Corporation Limited, Engro Fertilisers Limited and Engro Polymer and Chemicals Limited. Mr. Subhani also served as President and Chief Executive Officer of ThalNova Power Thar Private Limited for a period of two years. Earlier Mr. Subhani also served on the board of Engro Corporation Limited (Director), Hub Power Company Limited (Director), Engro Foods Limited (Director), Sindh Engro Coal Mining Company Limited (Director), Laraib Energy Limited (Director), Engro Fertilisers Limited (Board Chairman), Engro Polymer and Chemicals Limited (Board Chairman), Engro Vopak Terminal Limited (Board Chairman), Thar Power Company Limited (Board Chairman), Engro Powergen Qadirpur Limited (Board Chairman), Engro Elengy Terminal (Private) Limited (Board Chairman) and Engro Eximp Agri Products (Private) Limited (Board Chairman).
    [Show full text]
  • PPPP, PML-N Lock Horns Over Senate Qhrs
    Daily Tuesday January 28, 2014 Vol: FN-002/14, Issue NO. 18 FROM FREE AND FAIR ELECTIONS TO AN OPEN AND EFFECTIVE PARLIAMENT The Senate Standing Committee on Defence Production and The National Assembly Special Committee on Kashmir Education, Training & Standards in Higher Education are meeting and Standing Committee on National Health Services, today (Tuesday) at Parliament House. Regulations & Coordination Areas are meeting today (Tuesday) at Parliament House. Parliamentary Senate Information Question Hour NA meets sans briefed on 18th Amendment Prime Minister PPPP, PML-N lock foreign Tariq Iqbal particular in attending the Na- tional Assembly sessions and ISLAMABAD: The National As- taking the House into confi- remittances sembly Monday debated the de- dence on all issues/challenges teriorated law and order follow- Our Correspondent faced by the country. Many ing deadly terrorist attacks on observers believe that the horns over Senate QHrs ISLAMABAD: The Senate the personnel of paramilitary agenda of the House remained had been informed about forces and civilians in different President Asif Ali Zardari Salahudin Safdar incomplete due to the absence the steps being taken by parts of the country, including during his address to the ISLAMABAD: The Question Hours in the Upper House of of Prime Minister, as most of the government to increase Rawalpindi and Bannu, during Joint Session of the Parlia- Parliament witnessed rowdy scenes during the centennial ses- the ministers also take undue foreign remittances and the first month of New Year. ment on March 28, 2009 sion, as the opposition party PPPP and the government min- advantage of such a situation.
    [Show full text]
  • Cssforum.Com.Pk Content Copyright © Jworldtimes.Com
    CSSForum.com.pk Content Copyright © jWorldTimes.com Jahangir World Times Published: April, 2013 Gwadar Port: Geo-economic and Geostrategic Dimensions Gwadar has geostrategic significance as it lies on the conduit of three most commercially important regions of the world. Gwadar has geostrategic significance as it lies on the conduit of three most commercially important regions of the world. The oil rich Middle East, Central Asia bestowed with natural resources, and South Asia having the potential for growth, for this century. Another Test or Another Trap Monday, April 01, 2013 The awarding of the multi-billion dollar contract for construction and operation of Gwadar Port to China Overseas Port Holding Company (COPHC), a state-run Chinese firm, in February this year, has added a new chapter in decades-long Sino-Pak partnership. The project is mutually beneficial for both countries in the region for it will not only give them a corridor for greater commercial activity but will also bring closer the Central Asian countries. It is also expected to earn them a great strategic leverage. The recent agreement is the part of a plan to open up an energy and trade corridor from the Gulf region, across Pakistan to western China. The transfer of project operations to China caught attention of the international media and triggered discourse on the economic and strategic shift that the presence of China tends to induce in one of the world's major maritime zones. Naturally, it raised concerns of major stakeholders in the Indian Ocean, particularly Pakistan's eastern neighbour, India, and the United States.
    [Show full text]
  • Record of Activities of Ncgr………………
    REPORT OF THE NATIONAL COMMISSION FOR GOVERNMENT REFORMS ON REFORMING THE GOVERNMENT OF PAKISTAN Vol – II (MAY 2008) National Commission for Government Reforms Prime Minister’s Secretariat Government of Pakistan Islamabad REPORT OF THE NATIONAL COMMISSION FOR GOVERNMENT REFORMS ON REFORMING THE GOVERNMENT OF PAKISTAN Vol - II (MAY 2008) National Commission for Government Reforms Prime Minister’s Secretariat Government of Pakistan Islamabad TABLE OF CONTENTS NOTIFICATIONS OF THE ESTABLISHMENT OF NCGR…………….. i-xii PART – 1 RECORD OF ACTIVITIES OF NCGR……………….... 1 ¾ Summary of Meeting …….……………………….. 3 ¾ Meetings of the Commission……………………….. 4 ¾ Meetings of Steering Committee…………………… 4 ¾ Meetings of the Secretaries Committee……………. 4 ¾ Meetings with the Provincial Governments……..…. 5 ¾ Briefing/ Presentation by the Federal Ministries…… 6 ¾ Presentation made to the Chairman………………… 7 ¾ Presentation made to the Commission……………… 8 ¾ Syndicate and Group Discussions………………….. 8 ¾ Visits to the Districts……………………………….. 9 ¾ Visits to the Institutions…………………………….. 10 ¾ Public Consultations/ Seminars…………………….. 11 ¾ Follow up Meetings………………………………… 12 PART – 2 MINUTES OF THE MEETINGS OF NCGR…….….….. 13 ¾ 1st Meeting …………………………………….……. 15-21 ¾ 2nd Meeting…………………………………….……. 22-31 ¾ 3rd Meeting…………………………………….……. 32-40 ¾ 4th Meeting…………………………………….……. 41-49 ¾ 5th Meeting…………………………………….……. 50-59 ¾ 6th Meeting…………………………………….……. 60-69 ¾ 7th Meeting…………………………………….……. 70-78 ¾ 8th Meeting…………………………………….……. 79-89 ¾ 9th Meeting………………………………….………. 90-97 ¾ 10th Meeting……………………………………….
    [Show full text]
  • News Updates
    ` Tuesday, July 15, news 2014 updates Office # 05, Ground Floor, Arshad Mansion, Near Chowk A.G Office, Nabha Road Lahore. Ph. 042-37350473 Cell # 0300-8848226 NEWS OF Mail to: [email protected], [email protected] THE DAY PLP NEWS ALERTS EMAIL No. 164-2014 NEWS HEADLINES Top Stories ................................................................................................................................................... 5 Pakistan-India trade: prospects of bilateralism bleakened .......................................................................... 5 Operation, facilitation of IDPs: adequate resources to be made available: Dar .......................................... 6 Chairman PTI annoyed with Governor Khyber Pakhtunkhwa ...................................................................... 6 Hospital, colleges to be set up in North Waziristan: Shahbaz ...................................................................... 7 BoI prepares business improvement plan .................................................................................................... 8 Government welcomes Moody's bond upgrade to stable ......................................................................... 10 No urea import from Iran due to curbs on POL items: National Assembly panel informed ...................... 11 Citigroup to pay $7 billion to settle US mortgage suits .............................................................................. 13 Error in MEFP: Corrigendum submitted to IMF .........................................................................................
    [Show full text]
  • January 2018 NEWS COVERAGE PERIOD from JANUARY 29TH to FEBRUARY 4TH 2017 EFFECTIVENESS of NEW TRADE POLICY Dawn, the Business and Finance Weekly, January 29Th, 2018
    The Globalization Bulletin Trade liberalization January 2018 NEWS COVERAGE PERIOD FROM JANUARY 29TH TO FEBRUARY 4TH 2017 EFFECTIVENESS OF NEW TRADE POLICY Dawn, The Business and Finance Weekly, January 29th, 2018 Nasir Jamal The government plans to share the draft of Pakistan’s first 5-year trade policy — Strategic Trade Policy Framework (STPF) 2018/2023 — with the business community by the end of next month, a senior commerce ministry official told a consultative session with businessmen in Lahore last week. The new trade policy, just like the three previous, similar 3-year strategic frameworks, will primarily focus on boosting the country’s flagging exports. Trade officials conceded that none of the previous strategic frameworks had come even close to meeting their targets because of wide implementation gaps, but expressed the hope the new trade policy will meet the goals being set to increase the shipments. “We can push our exports above $36 billion in the next five years,” insisted Nauman Aslam, director general trade policy at the Ministry of Commerce. The present STPF 2015/2018 had set an ambitious export target of $35bn that was to be met by improving export competitiveness, transitioning a ‘factor-driven’ economy to ‘efficiency-driven’ and ‘innovation-driven’, and increasing the share in regional trade. However, exports have declined by just below 16 per cent to $20.4bn in 2016/2017 from $23.6bn in 2014/2015. Exports have consistently been on the decrease from their peak of $25bn reached in 2011/2012. Mr Aslam’s optimism is based on an average monthly recovery of 11-12pc in exports since the beginning of the present fiscal after a consistent drop during the last three years.
    [Show full text]
  • Compilation of Orders Relating to Various
    1 A.H.—3042(17)Fin.Div—PC-9. PART– I DEFINITIONS 2 3 PART-I DEFINITIONS Unless there is something repugnant in the subject or context, the terms defined in this chapter are used in the sense explained hereunder:- (1) Compensatory Allowance means an allowance granted to meet personal expenditure necessitated by the special circumstances in which duty is performed. It includes a travelling allowance but does not include sumptuary allowance nor the grant of free passage by sea to or from any place outside Pakistan. [FR 9(5)] (2) Joining Time means the time allowed to a Government servant in which to join a new post or to travel to or from a station to which he is posted. [FR 9(10)] (3) Overseas Pay means pay granted to a Government servant in consideration of the fact that he is serving in a country other than the country of his domicile. [FR 9(20)] (4) Pay means the amount drawn monthly by a Government servant as— (i) The pay, other than special pay or pay granted in view of his personal qualifications, which has been sanctioned for a post held by him substantively or in an officiating capacity, or to which he is entitled by reason of his position in a cadre; and (ii) Overseas pay, technical pay, special pay and personal pay; and (iii) Any other emoluments which may be specially classed as pay by the President. [FR 9(21) (a)] (5) Permanent post means a post carrying definite rate of pay sanctioned without limit of time.
    [Show full text]
  • Sod Country Report Pakistan 2010
    Mid-Term Assessment of the Quality of Democracy in Pakistan March 25, 2008 - September 24, 2010 Mid-Term Assessment of the Quality of Democracy in Pakistan March 25, 2008 - September 24, 2010 MID-TERM ASSESSMENT OF THE QUALITY OF DEMOCRACY IN PAKISTAN REPORT March 25, 2008 - September 24, 2010 PILDAT is an independent, non-partisan and not-for-profit indigenous research and training institution with the mission to strengthen democracy and democratic institutions in Pakistan. PILDAT is a registered non-profit entity under the Societies Registration Act XXI of 1860, Pakistan. Copyright ©Pakistan Institute of Legislative Development And Transparency - PILDAT All Rights Reserved Printed in Pakistan Published: September 2010 ISBN: 978-969-558-182-7 Any part of this publication can be used or cited with a clear reference to PILDAT. Supported by Head Office: No. 7, 9th Avenue, F-8/1, Islamabad, Pakistan Registered Office: 172-M DHA, Lahore, Pakistan Tel: (+92-51) 111-123-345; Fax: (+92-51) 226-3078 E-mail: [email protected]; Website: www.pildat.org MID-TERM ASSESSMENT OF THE QUALITY OF DEMOCRACY IN PAKISTAN REPORT March 25, 2008 - September 24, 2010 CONTENTS Abbreviations & Acronyms Preface Executive Summary The Context 13 1. Rule of Law, Rights and Citizenship 17 1.1. Nationhood and Citizenship 17 1.2. Rule of Law and Access to Justice 22 1.3. Civil and Political Rights 28 1.4. Economic and Social Rights 31 2. Representative and Accountable Government 37 2.1. Free and Fair Elections 37 2.2. The Democratic Role of Political Parties 43 2.3. Effective and Responsive Government 47 2.4.
    [Show full text]
  • The Failure of Police Reform in Pakistan: What Police Order 2002 Reveals About the Challenges Confronting Democratic Consolidation
    The Failure of Police Reform in Pakistan: What Police Order 2002 reveals about the challenges confronting democratic consolidation Author Siddiqi, Huma Published 2020-07-02 Thesis Type Thesis (PhD Doctorate) School School of Govt & Int Relations DOI https://doi.org/10.25904/1912/875 Copyright Statement The author owns the copyright in this thesis, unless stated otherwise. Downloaded from http://hdl.handle.net/10072/395528 Griffith Research Online https://research-repository.griffith.edu.au Griffith Business School Submitted in fulfilment of the requirement of the degree of Doctor of Philosophy by Huma Shazia Siddiqi January 2020 1 The Failure of Police Reform in Pakistan: What Police Order 2002 reveals about the challenges confronting democratic consolidation Huma Shazia Siddiqi MPhil (Government and Public Policy) Centre for Government and International Relations Griffith Business School, Nathan Campus. Griffith University The thesis is submitted in fulfilment of the requirements of the degree of Doctor of Philosophy January 2020 2 Synopsis This thesis studies a 2002 attempt to fundamentally reform the Pakistan Police Service (PSP) through the promulgation of Police Order 2002. This reform was aimed at converting the PSP from an instrument of coercive government to a force responsive to and protective of the citizenry. It constituted, as its introduction explicitly stated, a significant move toward democratic consolidation in Pakistan. PO 2002 was introduced nationwide on 14 August 2002 with wide support from Pakistani elites and under the direction of the autocratic but reform-oriented government of General Pervez Musharraf. Yet PO 2002 failed. It was amended in 2004 and annulled in 2010. Understanding why it failed is important for understanding the challenges confronting democratising developing states, like Pakistan.
    [Show full text]
  • Major Reshuffle in Bureaucracy Page NO.40 Col No.01
    Major reshuffle in bureaucracy Page NO.40 Col No.01 WASIM IQBAL ISLAMABAD: In a major reshuffle, federal government on Wednesday issued transfers and postings notifications of Grade 22 and Grade 21 officers. Fazal Abbas Mekan a Grade 22 officer of Pakistan Administrative Service (PAS), presently posted as Secretary National Food Security and Research Division is transferred and posted as Secretary Cabinet Division. Dr Muhammad Hashim Popalzai Secretary Overseas Pakistanis and Human Resource Division is transferred and posted as Secretary National Food Security and Research Division. Another Grade 22 PAS officer Khalid Masood Chaudhary posted as Secretary Religious Affairs and Inter-Faith Harmony Division is transferred and posted as Secretary Industries and Production Division. A Grade 22 officer of PAS Shoaib Ahmed Siddique presently posted as Secretary Planning, Development and Reforms Division is transferred and posted as Secretary Communications Division. Sqn Ldr Shahrukh Nusrat (retd) a BS 22 officer of PAS presently posted as Secretary Textile Industry Division is transferred and directed to report to Establishment Division. Azhar Ali Chaudhary posted as OSD Establishment Division is transferred and posted as Secretary Textile, Industry Division. Secretary Industries and Production Division Maroof Afzal is transferred and directed to report to Establishment Division. A Grade 22 officer of Pakistan Custom Service Sarwat Tahira Habib presently posted as Member Legal and Accounting Customs is transferred and posted as Secretary Federal Tax Ombudsman. A Grade 22 officer Muhammad Ashraf presently posted as Senior Member Federal Land Commission is transferred and posted as Secretary Parliamentary Affairs Division. Khizar Hayat Khan another Grade 22 officer presently posted as Secretary Climate Change Division is transferred and directed to report Establishment Division.
    [Show full text]
  • Motc Launches Authentication Service for Govt Digital Facilities
    BUSINESS | Page 1 SPORT | Page 1 Bottas upstages teammate Al Meera plans to increase Hamilton in selling area to 100,000sq m ‘best race ever’ published in QATAR since 1978 MONDAY Vol. XXXX No. 11126 March 18, 2019 Rajab 11, 1440 AH GULF TIMES www. gulf-times.com 2 Riyals FM meets Haitian counterpart In brief MoTC launches QATAR | Offi cial authentication 4,691 hygiene law violations registered The Ministry of Municipalities and Environment said that 4,691 service for govt violations of the hygiene law have been registered since its implementation in February 2018 until the end of January 2019, resulting in fines worth QR5.61mn. digital facilities Director of the General Cleanliness Department Safar Mubarak al-Shafi said that the ministry has developed he Ministry of Transport and access using the same username and a plan to monitor various violations Communications (MoTC) has password to all government e-services, of hygiene through the use of Tlaunched the National Authen- and multilayered verifi cation. surveillance cameras of the national tication System ‘Tawtheeq’ that targets The system also provides various command centre of the Ministry of the management and governance of the means of access by either using a user- Interior. Page 5 digital identity of individuals and busi- name and password with multifactor HE the Deputy Prime Minister and Minister of Foreign Aff airs Sheikh Mohamed bin Abdulrahman al-Thani met yesterday with nesses that use websites and online authentication or a smart ID card, in EUROPE | Protest visiting Haitian Minister of Foreign Aff airs Bocchit Edmond. During the meeting, they discussed bilateral relations, means of applications to access government e- addition to the digital-signature serv- supporting and developing them, as well as matters of common concern.
    [Show full text]
  • January 2017 NEWS COVERAGE PERIOD from JANUARY 23RD to JANUARY 29TH 2017 WAPDA CANCELS RS5.4BN CONTRACTS for DASU PROJECT Dawn, January 23Rd, 2017
    The Globalization Bulletin Water January 2017 NEWS COVERAGE PERIOD FROM JANUARY 23RD TO JANUARY 29TH 2017 WAPDA CANCELS RS5.4BN CONTRACTS FOR DASU PROJECT Dawn, January 23rd, 2017 Khaleeq Kiani ISLAMABAD: Even before the formal launch of $4.5 billion Dasu hydropower project, the Water and Power Development Authority (Wapda) has terminated two of its key contracts with a Chinese firm, citing ‘fundamental breaches’ of the agreement. Moving swiftly, Wapda has not only encashed the performance guarantees of the two contracts awarded to China Railway First Group (CRFG) in November 2015 — worth Rs5.4bn — but also ordered the contractor to vacate the project area immediately, while calling for fresh tenders to make up for lost time. The World Bank is the major financier of the 4,320MW Dasu project. The project’s terminated contracts include the ‘construction of colony and infrastructure’ worth Rs4.806bn and ‘resettlement of village Choochang and construction of Shatial Museum’ worth Rs572 million. The completion of these two components was considered crucial to the start of construction work at the main project site. CRFG project director Fan Lingang told Dawn: “The termination of the contract is un-contractual, illegal and fiercely unfair.” He claimed it was Wapda’s responsibility to complete the land acquisition process and hand over the required area to the contractor, adding that all Dasu contracts were suffering due to its default. In reply to a set of questions sent to Wapda chairman retired Lt Gen Muzammil Hussain, the authority said it had “provided the partial possession of the site to the contractor M/s CRFG in line with the Contract Discussion Agreement/Conditions of the Contracts”.
    [Show full text]