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Agreement signed between Wapda & USAID for Mangla Dam Refurbishment

LAHORE: The $78 million Project Implementation Letter (PIL)-2 for Mangla Dam Refurbishment Project (MRP) was inked between Wapda and the USAID on Wednesday. Muzammil Hussain, Chairman Lt General (retired) of the Water and Power Development Authority (Wapda) and Jerry Bisson, Mission Director in Pakistan of United States Agency for International Development (USAID) signed the agreement on behalf of their particular associations. According to details, the USAID funding will be spent to commence a variety of works of…

USAID to provide two mobile libraries for Islamabad school children

ISLAMABAD: Capital Administration and Development Division (CADD) will receive two mobile libraries from the USAID for the school children of Islamabad. The representatives of USAID and International Rescue Committee (IRC) called on the Minister of State for CADD, Dr. Tariq Fazal Chaudhry on Tuesday and provided details about the status of Pakistan Reading Project (PRP) which is functional in Islamabad and other parts of the country. The USAID-funded PRP is a five-year $160 million project with the objective to support…

‘US committed to improve agricultural development in Balochistan’

QUETTA: The United States Agency for International Development (USAID) and the Food and Agriculture Organization of the United Nations (FAO) hosted a joint event to mark the successful completion of a $32 million, USAID-funded Balochistan Agriculture Project that was implemented by the FAO. The project encompassed agricultural development activities in eight districts of Balochistan and the Federally Administered Tribal Areas (FATA) of Pakistan. Speaking at the ceremony in Islamabad, USAID Pakistan Mission Director John…

USAID to fund clean energy projects in Pakistan

ISLAMABAD: The U.S. Agency for International Development (USAID) and four local private commercial banks agreed to partner for clean energy projects in Pakistan. In a statement released by U.S Embassy in Pakistan, through this agreement, approximately $88 million in financing will become available to support the development of the clean energy sector in Pakistan. Partner banks will be able to extend debt financing to smaller scale clean energy projects, developers, and companies or to households and businesses purchasing…

Qazi Naeem: the man setting precedent with modernized farming in Gujranwala

GUJRANWALA: Growing up in an agricultural family in Daska, Gujranwala, Qazi Naeem had seen his father take care and provide for the entire family. He followed in his father’s footsteps and started taking care of their family land right from his youth. His father being a visionary had always encouraged him to learn and adopt modern farming practices.

USAID helping Pakistani businesses access credit

KARACHI: The United States Agency for International Development (USAID) and Securities and Exchange Commission of Pakistan (SECP) hosted a three-day conference on non-banking finance and capital markets in Karachi which was attended by financial sector experts, government officials and business representatives.