Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Macroscope | Shanghai spirit for new world order needs to be matched by the West

September 6, 2025

Israel’s annexation plans fuel fears of ‘final solution’ for Palestinians

September 6, 2025

Why China’s anti-involution fight could be less punchy than 2015’s supply-side reform

September 6, 2025
Facebook X (Twitter) Instagram
Saturday, September 6
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » CAREC Tranche III project: PEPRA accuses NHA of withholding documents – Pakistan
Economist Intelligence

CAREC Tranche III project: PEPRA accuses NHA of withholding documents – Pakistan

adminBy adminSeptember 6, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 2


ISLAMABAD: Public Procurement Regulatory Authority (PEPRA) blamed the National Highway Authority (NHA) for non-cooperation in providing necessary documentation regarding Tranche-III (Rajanpur–D.G. Khan–D.I. Khan) section of the Central Asia Regional Economic Cooperation (CAREC) project, besides, serious questions were raised about transparency and fiscal responsibility.

The Senate Sub-Committee on Communications, presided over by Senator Kamil Ali Agha, convened on Friday and reviewed follow-up actions on the recommendations issued during previous meetings, with a particular focus on the Tranche-III (Rajanpur–D.G. Khan–D.I. Khan) section of the Central Asia Regional Economic Cooperation (CAREC) project.

The Committee expressed concern over the failure of concerned departments to present previous recommendations. It was noted that despite repeated directives, essential records such as the bidding documents and financial credibility reports of participating firms had not been submitted for review.

The Committee observed that incomplete and delayed submissions not only hinder transparency but also raise concerns regarding oversight and accountability. The matter of a non-performing contractor reportedly being awarded work through arbitration, despite prior disqualification, was also discussed at length. Members emphasized the need for due diligence in such cases and recommended a thorough inquiry, including a review of financial trails and procurement processes.

The Committee underscored that continued delays and incomplete briefs could not be justified under the pretext of resource constraints or administrative absence.

The Committee also deliberated upon the proceedings of the Public Procurement Regulatory Authority (PEPRA) in relation to this project. It was informed that while PEPRA had conducted hearings on complaints received, the Authority faced non-cooperation from NHA in providing necessary documentation. It was highlighted that discrepancies between reported figures and actual disbursements raised further questions about transparency and fiscal responsibility.

The Committee expressed its displeasure over the absence of the Secretary Communications and Chairman NHA and directed them to present a follow-up on the recommendations of the Committee in the next meeting scheduled for September 15, 2025. It noted that concluding the report without hearing the Secretary Communications and Chairman NHA would go against the norms of justice. Therefore, the Committee decided to give them another opportunity to appear and clarify their positions.

It was agreed that the Chairman NHA will present formal recommendations at the next meeting, following which a detailed report will be finalized. This report will serve as the basis for further parliamentary action and potential referral to the relevant accountability institutions, in accordance with the law.

The Committee resolved to continue its oversight until a conclusive and lawful outcome is reached.

The meeting was attended by Senator Saifullah Abro, Senator Zamir Hussain Ghumro (via online), and senior officials from the Ministry of Communications, National Highway Authority (NHA), and other relevant departments.

Copyright Business Recorder, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Wall St retreats from record highs as slowdown fears – Markets

September 6, 2025
Economist Intelligence

Chief Collector Customs (Appraisement South) visits KCCI – Business & Finance

September 6, 2025
Economist Intelligence

Cotton market: prices firm ahead of long week-end – Markets

September 6, 2025
Economist Intelligence

Central A & B regions: Jazz completes 100pc upgrade to 4G network – Business & Finance

September 6, 2025
Economist Intelligence

SECP, Mobilink Bank sign MoU to facilitate corporate account opening – Business & Finance

September 6, 2025
Economist Intelligence

Digital retail payments: FBL and OPay process record Rs100bn – Business & Finance

September 6, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

CAREC Tranche III project: PEPRA accuses NHA of withholding documents – Pakistan

September 6, 2025

Wall St retreats from record highs as slowdown fears – Markets

September 6, 2025

Chief Collector Customs (Appraisement South) visits KCCI – Business & Finance

September 6, 2025

Cotton market: prices firm ahead of long week-end – Markets

September 6, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Macroscope | Shanghai spirit for new world order needs to be matched by the West
  • Israel’s annexation plans fuel fears of ‘final solution’ for Palestinians
  • Why China’s anti-involution fight could be less punchy than 2015’s supply-side reform
  • Swire’s Chai Wan development finds eager buyers as Hong Kong’s property market heats up
  • China, US, Japan race for control of key African rail routes in critical minerals fight

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Macroscope | Shanghai spirit for new world order needs to be matched by the West

September 6, 2025

Israel’s annexation plans fuel fears of ‘final solution’ for Palestinians

September 6, 2025

Why China’s anti-involution fight could be less punchy than 2015’s supply-side reform

September 6, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.