Pakistan to Spend Rs. 37 Billion on New Satellite Project

Pakistan has taken another step toward developing the Rs. 37.19 billion PakSat-2 satellite after the Central Development Working Party (CDWP) recommended the project to the Executive Committee of the National Economic Council (ECNEC).

Key points

• 338.2 million to upgrade the high-frequency radio network applied by WAPDA's Water Resources Management Directorate.
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• He additionally asked the Higher Education Commission to identify universities in Khyber Pakhtunkhwa, Sindh and Balochistan where similar centers could be established.
• 3.62 billion project to establish a Geo-AI Development and Innovation Hub.
• While two projects with a combined cost of Rs, 21.59 billion were approved by the CDWP.

For context, the project was among seven development schemes reviewed by the CDWP under the government's Uraan Pakistan agenda. Planning Minister Ahsan Iqbal remarked strengthening the country's space program is an notable part of the development initiative. Ahsan Iqbal Gives FBR Rs. 57 Billion.

CDWP additionally approved a Rs. 3.62 billion project to establish a Geo-AI Development and Innovation Hub. The facility will focus on strengthening geospatial capabilities and promoting innovation in the sector.

In higher education, the forum approved a revised plan for establishing the Dr. Ashfaq Ahmad Khan Center in Basic Sciences. The project was initially approved in 2018 but could not be completed since of land-related difficulties.

Meanwhile, the Planning Minister directed authorities to revise the center's scope to cover emerging areas and bring its cost in line with current requirements, pointing out that eight years had passed since its original approval.

Notably, the minister pressed laboratories at five engineering universities to be upgraded and stressed that universities should contribute more toward innovation and turning research into commercial applications.

CDWP separately approved a Rs. 5.01 billion project for commercial-scale olive cultivation. While the Potohar region will additionally be assessed for its potential, the initiative will expand olive plantations in Balochistan and the newly merged districts.

For context, the administration has set a target of developing one million acres of olive plantations under the initiative. How Professional IT Services Are Helping Pakistani Enterprises Accelerate Digital Transformation.

Meanwhile, the forum additionally approved Rs. 338.2 million to upgrade the high-frequency radio network applied by WAPDA's Water Resources Management Directorate.

Of the seven projects considered, five worth Rs. While two projects with a combined cost of Rs, 21.59 billion were approved by the CDWP. 94.3 billion, including PakSat-2, were forwarded to ECNEC for further consideration. Stay Connected with ProPakistani.

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For now, pakistan to Spend Rs. 37 Billion on New Satellite Project remains the part of the story worth watching, and further updates are likely as more details are confirmed.