NESPAK acquires 87 projects worth Rs11b in a year

NESPAK, a public sector engineering services and consultancy organisation, has made record progress during 2018/19 by acquiring 87 new projects worth Rs11.14 billion showing an increase of 11% more than the last year’s (Rs10.07 billion), according to a statement issued by Dr Tahir Masood, Managing Director NESPAK, in Lahore on Monday

Out of these 87 projects, 76 jobs were domestic and 11 in the foreign countries, i.e., Gabon, Kingdom of Saudi Arabia, State of Qatar, Sultanate of Oman and Federal Republic of Nigeria.

The major projects acquired by NESPAK during the last fiscal included; 800MW Mohmand Dam Hydropower Project, Balochistan Water Resources Development Sector Project, Solar Water Pumping in Balochistan, Karachi Bulk Water Supply Scheme, Phase-I, K-IV Water Project, Karachi, Kartarpur Corridor Project, Narowal, Wastewater Treatment Plants for Mehmood Booti, Shadbagh, Shahdara and Babu Sabu, Lahore, 300km Hyderabad-Sukkur Motorway on Public-Private Partnership mode, Development of CPEC City, Nowshera, Establishment of Infrastructure in LDA City (Phase-I), Lahore, Port Connectivity Project, Karachi, Khyber Pakhtunkhwa Flood Management Plan, Booue and Tsengue-Leledi Hydroelectric Projects,Gabon, Kano River and Hadejia Valley, Irrigation Schemes, Dams Safety and Rivers Training in Hadejia-Jama'are River Basin, Nigeria and Road between Thumrait Interchange and Mubaila Interchange, Muscat Expressway, Oman.

NESPAK was envisioned by its founders as an organisation free from foreign dependence and capable of delivering the highest quality in the field of engineering consultancy. It was envisaged as an institution which had to lead the consultancy market of Pakistan and compete abroad with excellence.

Time has proved that NESPAK has succeeded in fulfilling its objectives to a large extent owing to the unprecedented struggle offered by its professional brigade who left no stone unturned to achieve their stated aims.

The professionals of NESPAK have been putting up a good show to boost the Company's performance in these testing times when the country's economic indicators are not painting a bright picture.