News

Market updates and announcements from Milkiyat.

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  $10bn Afghanistan Gas Pipeline Proposal Could Extend Toward Pakistan Border

  Saudi Arabia’s Delta Energy Group has signed energy agreements in Afghanistan that include a proposed 700 km CentGas pipeline extending from western Afghanistan toward the Pakistan border region. The pipeline alone could require around $10 billion in investment, although construction remains dependent on exploration results, feasibility studies, financing and regulatory approvals.

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  Middle East Escalation Pushes Oil Higher, Raising Fresh Construction Cost Risk for Pakistan

  Rising international oil prices amid renewed US-Iran tensions are creating fresh cost risks for Pakistan’s construction and property sector. Higher crude prices can increase fuel, transportation, heavy machinery and material delivery costs, while sustained energy inflation may also affect development and financing conditions.

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  NEPRA Approves New Electricity Wheeling Charges for Bulk Power Consumers

  NEPRA has approved uniform electricity wheeling charges for bulk power consumers and open-access users across Pakistan. The new Use of System Charges range from Rs6.23 to Rs19.62 per unit, while consumers bypassing the competitive auction route may face substantial additional stranded-cost charges.

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  LDA Digitises Enforcement Against Illegal Construction and Unauthorised Commercial Use

  LDA has introduced a digital enforcement system using QR-coded notices, geo-tagged photos and online records to track illegal construction and unauthorised commercial use in Lahore.

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  Newly Remodelled Faizabad Interchange Loop Reportedly Sinks After Heavy Rain

  A section of the newly remodelled Faizabad Interchange loop has reportedly subsided after heavy rainfall in Islamabad and Rawalpindi. With the technical cause still unconfirmed, the incident raises questions about drainage, soil settlement and the resilience of recently completed road infrastructure. The interchange is a major connection between the twin cities, making any disruption particularly significant for commuters and nearby businesses

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  Punjab Orders Comprehensive Drainage Overhaul for Eastern Lahore

  Punjab has directed WASA Lahore to prepare an integrated drainage strategy for eastern Lahore, covering the corridor from Cantonment and the airport to Gujjumatta after recent heavy rains exposed major drainage weaknesses.

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  Only 2% of Pakistani Women Own Land as Property Ownership Gap Remains Severe

  Only about 2% of Pakistani women own land independently or jointly, while 97.2% have never inherited a house or land, according to an SDPI study highlighting major gaps in property ownership, inheritance and financial inclusion.

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  Punjab Plans Riverfront Hotel at Lahore's Kamran's Baradari Under Expanded 15 Acre Development

  Punjab has expanded the restoration and development plan for Lahore’s historic Kamran’s Baradari from five to 15 acres, adding a riverfront hotel, restaurant, museum, picnic areas and landscaped gardens to the heritage site.

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  Pakistan's Property Sale Tax Collection Surges 56.9% in FY2025-26

  Pakistan’s withholding tax collection on property sales surged 56.9% in FY2025-26, adding around Rs66.7 billion. The increase highlights changing tax rates, property values and compliance trends rather than simply indicating a similar rise in property transactions.

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  CDA Delays Decisions on Two Islamabad Mega Project Bids

  The Capital Development Authority has not yet finalised bids for two major Islamabad projects: a proposed cricket stadium near Sector D-12 and the New Islamabad Convention, Exhibition and Expo Centre. Both projects remain under review amid concerns over bid costs, location restrictions and construction timelines.

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  $432m Faisalabad-Rawalpindi-Peshawar Oil Pipeline Moves Toward Tariff Approval

  Frontier Works Organisation is seeking tariff approval for a proposed $432 million white oil pipeline connecting Faisalabad, Thalian near Rawalpindi and Tarujabba near Peshawar. The 437 km project would transport petrol and diesel and is designed to expand Pakistan’s fuel pipeline network toward northern industrial and population centres.

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  Rs8bn Rawalpindi Peshawar Road Underpasses Move Into Construction

  Construction has begun on two major underpasses at Race Course Park and Charing Cross on Peshawar Road, Rawalpindi, under an Rs8 billion project. Utility shifting and service roads have already been completed, while both underpasses are expected to take around two to three months to build.