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The PCB chief acknowledges that “none of our stadiums are of international standard.”

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3 months ago

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In February and March of the following year, Pakistan will play host to the ICC Champions Trophy. In order to get ready for the international event, the PCB president is committed to renovating the main stadiums.

Gaddafi Stadium in Lahore and National Bank Stadium in Karachi are both presently under construction.

While visiting Gaddafi Stadium today to assess the construction, Mohsin Naqvi acknowledged that none of the nation’s stadiums meet international standards. Nevertheless, he stated his resolve to finish major stadium renovations in time for the Champions Trophy in 2025.

“International stadiums differ greatly from ours; none of our stadiums meet international standards,” Naqvi remarked.

Although it may be challenging, I have no doubt that the upgrades will be finished in time for the 2025 Champions Trophy.

Let the [upgradation] work be finished; all teams, including those from India, will arrive.

“The crew of the Frontier Works Organization (FWO) works day and night. Providing basic amenities in stadiums is [our] first goal, and we will put our stadiums among the greatest in the world.

For the uninitiated, the second Test between Pakistan and Bangladesh was moved from the National Bank Stadium in Karachi to Rawalpindi because of ongoing renovations at the location.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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