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Punjab Enforces New Law to Protect Public Utility Infrastructure
▫️Strict prison terms and fines introduced for theft, illegal transfer, damage, sale and purchase of manhole covers, street lights, safety fences and public installations
Islamabad High Court Lifts Ban on Property Sale and Purchase in Several Localities of Federal Capital
▫️December 1, 2023 order declared unauthorized as CDA and relevant departments directed to regulate transactions under CDA Ordinance 1960, zoning regulations and other applicable laws
Nishat Group Completes Acquisition of 73.9 Percent Controlling Stake in Rafhan Maize
▫️Deal ends Ingredion’s decades long control of Pakistan’s leading corn refining company after receiving regulatory approval from the Competition Commission of Pakistan
Master Plan 2050: LDA Focuses on Vertical Development and Sustainable Urban Planning
▫️Public consultation reviews Lahore Division’s long term urban roadmap covering population growth, transport, green spaces, water resources and environmental challenges
Government to Launch First Phase of $10 Billion ML 1 Railway Project in Early 2027 with $2 Billion ADB Support
▫️Rohri Karachi section to mark the beginning of the 1,680 kilometer railway modernization project under CPEC, aimed at transforming Pakistan's rail transport network