Infrastructure

Prime Minister Imran Khan chaired a huddle of finance heads, regulators and economic experts to deliberate on tax reforms and expanding the tax base

He termed the upcoming 90 days important in country's politics.

WASHINGTON: US President Donald Trump said Wednesday he envisaged Republicans and Democrats working together on infrastructure and healthcare after US voters delivered a split verdict in hard-fought midterm elections. "Maybe we will make a deal, maybe we won't. That is possible," he told a news conference at the White House. "But we have a lot of things in common on infrastructure. We want to do something on healthcare, they want to do something on healthcare. There are a lot of great things that we can do together."…

KARACHI: Russian Consul General Aleksandr G. Khozin on Monday assured that his country will extend all possible cooperation and assistance to the Sindh government to strengthen the bilateral trade relations. He said this in a meeting with Sindh Chief Minister Syed Murad Ali Shah in Karachi. CM Murad said the Sindh government would provide infrastructure facilities to the Russian investors interested in establishment of industries in different industrial zones in the province. Russia and Pakistan enjoy very warm…

Malaysia was once a loyal partner in China's globe-spanning infrastructure drive but a new government is now pledging to review Beijing-backed projects.

BEIJING: Minister of State for Information and Broadcasting Marriyum Aurangzeb has welcomed the proposal of Chinese cooperation with Pakistan in film production and infrastructure. Chinese Vice Minister of State Administration of Press Publication, Radio, Film and Television (SAPPRFT) Tong Gang made the proposal for working on an agreement between the two countries for cooperation in the area of film production and film infrastructure during a meeting with Marriyum on Monday in Beijing. Marriyum expressed hope that…

WASHINGTON: President Donald Trump vowed on Tuesday to cut red tape to speed up approval of infrastructure projects and said his overhaul could top $1 trillion on roads, tunnels and bridges, one of his 2016 election campaign promises. Trump, a real estate businessman before he was elected, did not provide further details on the amount or where the money would come from when he spoke to a White House meeting of 50 chief executives and other business leaders. U.S. Transportation Secretary Elaine Chao said at the forum…

BERLIN: German Chancellor Angela Merkel said on Tuesday protecting infrastructure from potential cyber attacks was a top priority and the federal government had to work together with localities on that. "Today we have a huge amount of possibilities to paralyze infrastructure from cyber attacks and it is... very very difficult. There are examples from Ukraine that are worrying. Therefore cyber security is of great, great importance," she said. "The German government has updated its cyber security strategy and we are…

HONG KONG: Asian nations must spend $26 trillion by 2030 on infrastructure to battle poverty, boost economic growth and fight climate change, the Asian Development Bank warned on Tuesday. In its "Meeting Asia's infrastructure needs" report, the lender said governments in some of the poorest countries in the world should invest in everything from transport, telecommunications, power and water and sanitation. It added that despite dramatic infrastructure growth in recent decades, more than 400 million people have no…

ISLAMABAD: Prime Minister Nawaz Sharif on Wednesday said that all the areas of the country will be connected with six and four lanes motorways depending on load of traffic, ARY News reported. Chairing a meeting to review progress on major road networks across the country at PM House, the Prime Minister said the completion of road connectivity projects across the country would contribute around one to 1.5 percent increase in the GDP. The meeting was informed that for the first time in history of the country, an…