Almaymaar’s Post

CPEC and BRI are set to enter a new era of development in 2025, unlocking opportunities for both Pakistan and the wider region. Infrastructure, energy, and industrial projects will drive growth, with special economic zones attracting investment. Read more at: https://bit.ly/3DJ7jsl #BlueOceanResidency #Gwadar #Pakistan #CPEC #SeafrontLiving #RegionalDevelopment

Pakistan’s development expenditure has experienced a significant decline in the first four months of the current fiscal year, with only Rs. 81 billion spent on development projects from July to October 2023. This is well below the Rs. 1,100 billion allocated for the Federal Public Sector Development Program (PSDP), of which only Rs. 384.65 billion was authorized for spending during this period. As a result, PSDP expenditure stands at 21% below the intended target for the first four months of FY25. #Development #Spending #Falls21percent #FY25 https://lnkd.in/dsZNKc5Q

Established under the #P3A Act of 2017, Public Private Partnership Authority (yours truly!) is at the forefront of fostering #collaborations that enhance #publicservices and #infrastructure quality. This approach is in line with successful practices observed globally: 👉 #SaudiArabia’s National Center for Privatization & PPP spearheads privatization efforts and #PPP projects to diversify the #economy. 👉 #Bangladesh’s PPP Authority plays a central role in implementing PPP projects under the direct oversight of their Prime Minister’s Office, focusing on #sustainable economic growth. 👉 The #UnitedKingdom’s Infrastructure and Projects Authority (IPA) supports the delivery of #infrastructure and major projects, transforming how infrastructure is planned and managed. 👉 #Australia’s Partnerships Victoria provides expertise in planning, managing, and delivering PPP projects, ensuring they effectively meet public needs. These are just a few examples that underscore the strategic importance of PPPs in modern #governance. Countries around the world, including Pakistan, are leveraging this approach to harness private sector efficiencies and capital to meet public sector needs. Let’s discuss how PPPs can be a game-changer in achieving economic resilience and inclusive growth! Do you work for an organization that supports or focuses on PPPs? Share your experiences in the comments! #PartnershipsforGrowth #PublicPrivatePartnership #Infrastructure #Innovation #EconomicDevelopment #PPP #P3A #Pakistan

Sustained investment in transport infrastructure to drive growth and competitiveness – SAICE. Given South Africa’s significant infrastructure challenges, sustained investment in transport infrastructure is critical to drive economic growth and improve the quality of life for citizens, says industry professionals' organisation South African Institution of Civil Engineering (SAICE) CEO Sekadi Phayane-Shakhane. https://lnkd.in/dasNY-5d #InfrastructureInvestment #EconomicGrowth #TransportDevelopment #SustainableTransport

The China-Pakistan Economic Corridor (CPEC), launched in 2013 as part of China's Belt and Road Initiative (BRI), aims to enhance connectivity and cooperation between China and Pakistan. As CPEC transitions into its second phase, it focuses on expanding industrial and social sectors to build on the successes of Phase 1, which developed transport infrastructure, energy projects, and the Gwadar Port. This article discuss Phase 2's objectives include driving economic growth through Special Economic Zones (SEZs), modernizing agriculture, fostering technological collaboration, and developing infrastructure, energy, and industrial projects. Read full article at: https://lnkd.in/dg3JhP-s #China #Pakistan #CPEC #XiJingping #BRI #Islamabad #SpecialEconomicZones #Gawadar #Balochistan #Punjab #Sindh #AsianPolitico

Feasibility studies for major EAC expressway set to begin soon https://lnkd.in/d5fSus2Q - The Cooperator News BUSIA, April 24, 2024 – The feasibility studies for the 256-kilometre multinational Kisumu-Kisian-Busia/Kakira-Malaba-Busitema-Busia Expressway is set to start soon after the East African Community [EAC] officially handed over the site to the consultancy firm named GOPA Infra Gmbh of Germany together with ITEC Limited of Kenya. The expressway that will run from Kisumu in Kenya to Kakira, a town in Jinja district, will involve rehabilitation of the existing two-lane single-carriageway to bitumen standards and the upgrading of the same into a two-lane dual carriageway over a 104km stretch. The US $1.4 million feasibility study project funded by the African Development …

Pakistan and China Agree on New Infrastructure Projects Pakistan and China signed an agreement yesterday to launch new infrastructure projects under the China-Pakistan Economic Corridor (CPEC). These projects aim to boost Pakistan’s economy and create jobs. hashtag #CPEC #PakistanChinaRelations #InfrastructureProjects #EconomicGrowth #ZYCKUpdates

Pakistan and China Agree on New Infrastructure Projects Pakistan and China signed an agreement yesterday to launch new infrastructure projects under the China-Pakistan Economic Corridor (CPEC). These projects aim to boost Pakistan’s economy and create jobs. #CPEC #PakistanChinaRelations #InfrastructureProjects #EconomicGrowth #ZYCKUpdates

IFRAP Updates-  Central Development Working Party (CDWP) approves Multiple significant Projects for Balochistan* Islamabad, February 1, 2024 – The Central Development Working Party (CDWP), chaired by the Deputy Chairman of the Planning Commission, approved two significant projects for Balochistan during its meeting. The CDWP also endorsed the Rs. 13,809.544 million Post-Flood 2022 Reconstruction Program for Balochistan's road infrastructure. Sponsored by the Planning & Development Department of Balochistan and executed by CWPP&H, this initiative aims to rehabilitate 386.3 kilometers of roads and construct 19 bridges across 24 flood-affected districts over a 3-year, 1-month period. Rs. 6,000 million has been allocated in PSDP 2023-2024 to kickstart the project. Additionally, the CDWP reviewed the Infrastructure Rehabilitation Resilience Enhancement Post-Flood 2022 project for health facilities in Balochistan, amounting to Rs. 1600 million funded entirely through a World Bank loan. This initiative targets the reconstruction of 30 flood-damaged health facilities, focusing on flood-resilient construction, solar systems, medical equipment procurement, and capacity building for health personnel. The project incorporates environmental impact assessments, waste management plans, and provisions for senior citizens and differently abled persons. These projects mark significant steps towards enhancing Balochistan's infrastructure resilience and addressing critical post-flood recovery needs. #IFRAP #CDWP #FloodResilience #ClimateAdaptation #SustainableRecovery #WorldBankGroup #BLEP #BIWRMP #BWSPIP #ProjectManagement