Lion Air, High Remittances soar, Up-gradation Highway N-25, Optical fibre cable

Lion Air wants to start flights from Pakistan

Lion Air wants to start flights from Pakistan, Indonesian ambassador of Indonesia Iwan S Amri on Wednesday said that the country’s airline Lion Air wanted to start flights from Pakistan and “negotiations with aviation officials are already underway”.

All-time high Remittances soar

All-time high Remittances soar to $23.1b in FY20 Inflows jump 51% to $2.47b in June 2020 from $1.64b in June 2019 Pakistan created history in June 2020 as the receipt of worker’s remittances exceeded expectations by staggering 51% to record of $2.47 billion compared to $1.64 billion.

Total remittances were even higher than the cumulative export earnings of $21.39 billion in FY20. The full-year remittances of $23.10 billion in FY20 were higher by 6.4% compared to $21.74 billion in the prior fiscal year (FY19).

Up-gradation RCD Highway N-25

Govt okays timeline 200 Billion Rs 4 lanes up-gradation RCD Highway N-25 Karachi Quetta road project under PPP mode 790 km N-25 connects Karachi Port with Quetta and provides access to #Afghanistan through Karachi Khuzdar section, bids would be called by mid-September 2021

New Optical fibre cable operationalized

New Optical fibre cable operationalized from Khunjrab to Islamabad next phase will be laid from Islamabad to Karachi & Islamabad to Gwadar as part of digital highway plan foundation for digital/IT revolution-project being processed in conjunction with China.

Modern city in the north of Lahore

Chief Minister Punjab Sardar Usman Buzdar has approved to establish River Ravi Front Authority for developing a most modern city in the north of Lahore worth Rs. 5 Trillion