Pakistan, Japan sign agreement for smart water meters in Faisalabad

News Image

By MG News | May 14, 2025 at 04:01 PM GMT+05:00

0:00

May 14, 2025 (MLN): Pakistan and Japan have formalized an agreement to install smart water meters in Faisalabad City to improve water supply efficiency.

The signing ceremony for the Grant Agreement, Exchange of Notes, and Record of Discussion was held at the Ministry of Economic Affairs.

The Government of Japan has allocated ¥510 Million ($ 3.5m) through the Japan International Cooperation Agency (JICA) under the Japanese Economic and Social Development Program.

The funds will be used to install approximately 8,000 smart water meters in Faisalabad, which will enhance water distribution, improve demand management, conserve water resources, and ensure the financial sustainability of WASA Faisalabad.

This initiative aligns with Pakistan’s vision for better urban governance and environmental sustainability, accoring to the press release issued today.

The government believes it will serve as a model that could be replicated in other cities across the country.

Dr. Kazim Niaz, Secretary of the Ministry of Economic Affairs, and Mr. AKAMATSU Shuichi, Ambassador Extraordinary and Plenipotentiary of Japan to Pakistan, signed the Exchange of Notes on behalf of their respective governments.

Dr. Niaz expressed his appreciation for Japan’s invaluable support and assured that Pakistan would extend all necessary assistance for the successful implementation of the project and foster continued cooperation.

Ambassador Shuichi reaffirmed Japan's commitment to strengthening the bilateral ties and collaboration between the two countries.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 118,087.64
46.78M
-1.61%
-1935.60
ALLSHR 73,715.35
142.79M
-1.66%
-1241.60
KSE30 36,009.07
17.16M
-1.43%
-524.16
KMI30 174,099.77
24.23M
-2.00%
-3548.30
KMIALLSHR 50,385.08
82.62M
-2.00%
-1027.88
BKTi 29,991.18
7.17M
-0.57%
-170.67
OGTi 26,478.23
2.73M
-1.96%
-530.27
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 101,580.00 101,705.00
99,090.00
-1840.00
-1.78%
BRENT CRUDE 77.90 81.40
77.83
0.89
1.16%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.70
-4.03%
ROTTERDAM COAL MONTHLY 103.85 0.00
0.00
0.10
0.10%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 74.69 78.40
74.61
0.85
1.15%
SUGAR #11 WORLD 16.53 16.73
16.44
0.22
1.35%

Chart of the Day


Latest News
June 23, 2025 at 10:39 AM GMT+05:00

Iran stands firm on nuclear program after attacks


June 23, 2025 at 10:00 AM GMT+05:00

Pakistan stands by Iran in wake of U.S. strikes


June 23, 2025 at 09:40 AM GMT+05:00

PSX Opening Bell: In the Red Again


June 23, 2025 at 09:22 AM GMT+05:00

Asia markets fall after U.S. strikes in Iran


June 23, 2025 at 09:19 AM GMT+05:00

NBP issues foreign exchange rates



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg