SOEs propose Rs451.316bn investment outlay
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
Federal state-owned enterprises (SOEs) have proposed an investment outlay of Rs 451.316 billion for the upcoming fiscal year 2026-27.
According to budget documents available with Business Recorder, the Petroleum Division (OGDCL) has proposed an investment of Rs 178.927 billion, followed by the Water Resources Division (WAPDA) with Rs 138.574 billion, and the Power Division (NTDC, etc) with Rs 19.167 billion for the fiscal year 2026-27.
The Information Technology and Telecommunication Division (NTC, USF, Ignite, etc) has proposed Rs 36.898 billion, while the Maritime Affairs Division (PNSC) has planned an investment of Rs 60.815 billion for the coming fiscal year.
The Defence Division (PAA) has proposed a total investment of Rs 16.935 billion for development projects during fiscal year 2026-27.
The ministries and divisions have provided details of development interventions being financed through sources other than the Public Sector Development Programme (PSDP), implemented by state-owned enterprises and their subordinate or attached departments, to assess the overall development impact.
Reference Link:- https://www.brecorder.com/news/40424105
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
