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ECC Revises Eligibility Criteria for Special Incentive Package of Housing and Construction

ECC Revises Eligibility Criteria for Special Incentive Package of Housing and Construction Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet held today. Naya Pakistan Housing and Development Authority (NAPHDA) Chairman presented revised eligibility criteria for selection of applicants, modalities for payment of cost subsidy, and mechanism for release of funds regarding the special incentive package for the Housing and Construction sector, announced by the Prime Minister in July 2020. After due deliberation, the Committee approved the stipulated eligibility criteria and payment mechanism for cost subsidy against 100,000 housing units to be constructed during phase-I by the end of the year.

KE remains fully committed to facilitating Karachi s industrial customers - Newspaper

KARACHI: Following the federal cabinet’s approval of moratorium on gas supply to industrial units for self-generation of electricity, K-Electric (KE) “continues to remain fully committed to facilitating Karachi’s industrial customers in line with the Ministry of Energy’s (Power Division) direction to expedite fresh electricity connections and improve power supplies”. This was stated by a spokesman for the power utility on Thursday. He said that the KE was engaged with industrial associations and customers, through dedicated contact points to assess their needs and had collated ‘accurate’ power demands of the sector. “Based on this, a comprehensive roadmap has been developed to enable the shift of captive industrial electricity demand to the power grid in the swiftest way possible,” he added.

Seminar on maritime economy and its linkage to national security

Seminar on maritime economy and its linkage to national security Islamabad January 29, 2021 Islamabad : National Institute of Maritime Affairs (NIMA) Bahria University organized one day seminar on ‘Maritime Economy and It’s Linkage to National Security’ to underline the significance of the maritime sector and its impact on National Security. Pakistan is critically dependent on imported energy including oil, LNG, and coal. In addition, Pakistan handles over 91% of total cargo through sea. On average, 2.5 ships disembark daily energy related cargo on Pakistani ports, making it our critical vulnerability and can impact our national security. Omar Ayub Khan, Federal Minister, Ministry of Energy Power Division graced the occasion as a chief guest whereas, eminent speakers; Dr. Gulfaraz Ahmed (former federal secretary MoPNR), Lt General (Retd) Ishfaq Nadeem Ahmad HI(M), Vice Admiral (r) Iftikhar Ahmad Rao HI(M) and Dr. Khurram Iqbal, Head of Department IR, NDU shared their int

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