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GCHF
Gatwala Commercial Hub , Faisalabad is Punjab’s biggest and Pakistan’s second largest mixed use, real estate project. It has a covered area of over 3.1 million sq. ft.

This mega project, designed and developed by Shah Nawaz Associates, is located, at the junction of Canal Expressway and Lahore Sheikhupura Road. The road in front of the GCH project, has an average traffic count of 30 vehicles per minute. become, the city’s next mega center for trade, commerce, industries as well as residential projects.

 

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SBP’s schemes to launch 521 solar projects worth Rs. 36bn

KARACHI: Governor State Bank of Pakistan (SBP) Dr. Reza Baqir in a webinar stated that around 521 solar projects worth Rs 36 billion will approximately produce 850 MW energy under the Financing Scheme for Renewable Energy. The finances for the projects will be arranged through various commercial banks.  

Dr Baqir stated that a Financing Scheme for Renewable Energy has been issued in order to promote renewable energy projects since Pakistan is ensnared in challenges owing to climate change. 

He further stated that mobilisation for the expenses would play a pivotal role in moving towards sustainable development and mitigating the effects of climate change. This is in line with the global environmental and social standards and policies. Since 2015, Pakistan is also a member of the Global Sustainable Banking Network (SBN) that will help materialise and finance sustainable goals. 

 

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