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Trade Chronicle May June 2017

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TRADE CHRONICLE<br />

NHA Executive Board meets<br />

The Executive Board of the National<br />

Highway Authority (NHA), approved<br />

award of work for Rehmani Khel to Kot<br />

Belian section (Package 2A) on the<br />

Western Route of China-Pakistan<br />

Economic Corridor (CPEC) during a<br />

meeting held at NHA head office<br />

recently with Chairman Shahid Ashraf<br />

Tarar in the chair.<br />

The approved project forms an<br />

i m p o r t a n t s e c t i o n o f H a k l a -<br />

D.I.Khan Motorway and was<br />

awarded to the lowest evaluated<br />

bidder, a joint venture (JV) of M/s<br />

SKB & M/s KNK at their evaluated<br />

bid price of Rs. 9.232 billion.<br />

Chairman, National Highway Authority Mr. Shahid Ashraf Tarar presiding over the NHA’s<br />

Executive Board Meeting.<br />

The Chairman NHA informed the<br />

meeting that timely completion of the<br />

western route of CPEC was among top<br />

priorities.<br />

Federal Secretary Communications Mr. Shahid Ashraf Tarar and Country Director Asian<br />

Development Bank (ADB) Ms. Xiaohong Yang addressing Seminar on “Road Management:<br />

Enabling economic corridors through sustainable transport sector devlopment”.<br />

Pakistan gets first<br />

female ADB head<br />

The Asian Development Bank has<br />

appointed Ms Xiaohong Yang as the<br />

first woman country director for<br />

Pakistan.<br />

The appointment of a Chinese national<br />

reflects ADB’s support to the country’s<br />

development goals through initiatives,<br />

such as China-Pakistan Economic<br />

Corridor and the Central Asian<br />

Regional Cooperation (CAREC).<br />

After assuming charge Ms Yang said<br />

Pakistan has a fast improving economy<br />

led by a youthful and dynamic<br />

workforce. Ms Yang’s professional<br />

experience in development spans over<br />

three decades,<br />

during which she<br />

managed complex<br />

infrastructurer<br />

e l a t e d<br />

a s s i g n m e n t s<br />

covering a diverse<br />

portfolio including highways, railways,<br />

waterways, cross border logistics<br />

p r o j e c t s a n d p u b l i c - p r i v a t e<br />

partnerships.<br />

Leader of the Business Community and<br />

f o r m e r P r e s i d e n t F P C C I<br />

Mr.S.M.Muneer said that Canada’s halal<br />

food market is currently estimated to be<br />

a $1 billion industry, and the demand for<br />

halal options has increased along with<br />

Canada’s Muslim population, which<br />

grew 82 per cent over the last decade,<br />

and is expected to triple by 2031. This<br />

was stated at the event organised by<br />

President Universal Promotion,<br />

Mr.Amir Shamsi. At the occasion<br />

Pakistani Consul General in Toronto<br />

Mr.Imran Siddiqui, President Flato<br />

Mr.Shakir Rehamatullah, Mr.Qamar<br />

Kem Siddiqui , Mr.Aftab Rizvi,<br />

Mr.Navaid Bukhari , Mr.Muqaddam<br />

Khan and others were also present.<br />

S.M.Muneer is very positive about<br />

upcoming 4th largest Mississauga Halal<br />

Foods festival in Canada .He hopes that<br />

it will help to capture Halal food<br />

industry in North American Market and<br />

will enhance its export .<br />

Canada’s halal food market is currently<br />

estimated to be a $1 billion industry<br />

Mr.Amir Shamsi hosted dinner in the honour of Mr.S.M.Muneer. Seen in the picture are<br />

Mr.Imran Siddiqui; Mr.Shakir Rehmatullah; Mr.Qamar Kem Siddqui; Mr.Navaid Bukhari;<br />

Mr.Aftab Rizvi; Mr.Javed Mughal; Mr.Aftab Shamsi; Mr.Muqadam Khan and others.<br />

Mr.Amir Shamsi President Universal<br />

Promotion said that upcoming 4th<br />

Mississauga Halal Food Festival will be<br />

held on 20th <strong>May</strong>, <strong>2017</strong> at Celebration<br />

Center, Square One, Canada.This event<br />

will reflect the increase in demand for<br />

halal products and will show that event<br />

will become a destination for people<br />

looking to sample and learn about halal<br />

food options in Canada.<br />

He said that Mississauga Halal Food<br />

Festival is a celebration of Toronto’s<br />

diverse and delicious food trends and he<br />

wants to share this experience with the<br />

community.<br />

TRADE CHRONICLE - <strong>May</strong>.~Jun. <strong>2017</strong> - Page # 28

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