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China National Electric Engineering Company
China National Electric Engineering Co. Ltd. ( Chinese: 中国电力工程公司 , abbr. CNEEC) is a state-owned engineering company. A specialized engineering services contractor; the company focuses in the areas of Engineering, Procurement & Construction (EPC), Consultation, Operation & Maintenance and Rehabilitation in infrastructural and clean energy solutions for various industrial projects. CNEEC is an international engineering company, which has been listed in the top 225 International Contractors by USA's ENR. China National Electric Engineering Company operates in Pakistan as through its wholly-owned subsidiary CNEEC Pakistan which has been a competitive contractor in Pakistan's energy sector, having completed over 12 construction projects, including power plants and power grids across the country. The company has actively participated towards building the China-Pakistan Economic Corridor (CPEC), a 3,000-km long route linking the Kashgar city of China to a Gwada ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Gwadar Port
The Gwadar Port ( ur, ) is situated on the Arabian Sea at Gwadar in Balochistan province of Pakistan and is under the administrative control of the Maritime Secretary of Pakistan and operational control of the China Overseas Port Holding Company. The port features prominently in the China–Pakistan Economic Corridor (CPEC) plan, and is considered to be a link between the Belt and Road Initiative and the Maritime Silk Road projects. It is about southwest of Turbat, and to the east of Chabahar Port ( Sistan and Balochistan Province in Iran). Gwadar's potential to be a deep water sea port was first noted in 1954, while the city was still under Omani sovereignty. Plans for construction of the port were not realised until 2007, when the port was inaugurated by Pervez Musharraf after four years of construction, at a cost of $248 million. In 2015, it was announced that the city and port would be further developed under CPEC at a cost of $1.62 billion, with the aim of ...
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Sabal
''Sabal'' is a genus of palms (or fan-palms) endemic to the New World. Currently, there are 17 recognized species of ''Sabal'', including one hybrid species. The species are native to the subtropical and tropical regions of the Americas, from the Gulf Coast/South Atlantic states in the Southeastern United States, south through the Caribbean, Mexico, and Central America to Colombia and Venezuela. Members of this genus are typically identified by the leaves which originate from a bare, unarmed petiole in a fan-like structure. All members of this genus have a costa (or midrib) that extends into the leaf blade. This midrib can vary in length; and it is due to this variation that leaf blades of certain species of ''Sabal'' are strongly curved or strongly costapalmate (as in ''Sabal palmetto'' and ''Sabal etonia'') or weakly curved (almost flattened), weakly costapalmate, (as in ''Sabal minor''). Like many other palms, the fruit of ''Sabal'' are drupe, that typically change from green ...
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MegaWatt
The watt (symbol: W) is the unit of Power (physics), power or radiant flux in the International System of Units, International System of Units (SI), equal to 1 joule per second or 1 kg⋅m2⋅s−3. It is used to quantification (science), quantify the rate of Energy transformation, energy transfer. The watt is named after James Watt (1736–1819), an 18th-century Scottish people, Scottish invention, inventor, mechanical engineer, and chemist who improved the Newcomen steam engine, Newcomen engine with his own Watt steam engine, steam engine in 1776. Watt's invention was fundamental for the Industrial Revolution. Overview When an object's velocity is held constant at one metre per second against a constant opposing force of one Newton (unit), newton, the rate at which Work (physics), work is done is one watt. : \mathrm In terms of electromagnetism, one watt is the rate at which electrical work is performed when a current of one ampere (A) flows across an electrical potentia ...
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Economic Stability
Economic stability is the absence of excessive fluctuations in the macroeconomy. An economy with fairly constant output growth and low and stable inflation would be considered economically stable. An economy with frequent large recessions, a pronounced business cycle, very high or variable inflation, or frequent financial crises would be considered economically unstable. Measuring stability Real macroeconomic output can be decomposed into a trend and a cyclical part, where the variance of the cyclical series derived from the filtering technique (e.g., the band-pass filter, or the most commonly used Hodrick–Prescott filter) serves as the primary measure of departure from economic stability. A simple method of decomposition involves regressing real output on the variable “time”, or on a polynomial in the time variable, and labeling the predicted levels of output as the trend and the residuals as the cyclical portion. Another approach is to model real output as difference st ...
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Logistics
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed. Logistics management is the part of supply chain management and supply chain engine ...
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Trade
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products ...
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Hi-tech
High technology (high tech), also known as advanced technology (advanced tech) or exotechnology, is technology that is at the cutting edge: the highest form of technology available. It can be defined as either the most complex or the newest technology on the market. The opposite of high tech is '' low technology'', referring to simple, often traditional or mechanical technology; for example, a slide rule is a low-tech calculating device. When high tech becomes old, it becomes low tech, for example vacuum tube electronics. The phrase was used in a 1958 ''The New York Times'' story advocating "atomic energy" for Europe: "... Western Europe, with its dense population and its high technology ...." Robert Metz used the term in a financial column in 1969, saying Arthur H. Collins of Collins Radio "controls a score of high technology patents in a variety of fields." and in a 1971 article used the abbreviated form, "high tech." A widely used classification of high-technological manuf ...
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Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ...
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Rashakai
Rashakai is a small town located along the Nowshera- Mardan road, in Khyber-Pakhtunkhwa Khyber Pakhtunkhwa (; ps, خېبر پښتونخوا; Urdu, Hindko: خیبر پختونخوا) commonly abbreviated as KP or KPK, is one of the four provinces of Pakistan. Located in the northwestern region of the country, Khyber Pakhtunkhwa .... Rashakai interchange The town gained importance in 2007, when an interchange of the M1 Motorway was constructed here. Rashakai interchange serves for Nowshera, Mardan and northern parts of Khyber-Pakhtunkhwa, i.e., Malakand, Swat, Buner, Dir and Chitral. Rashakai cloth market Before 2007, the small town of Rashakai was famous for its cloth market (Shireen Kotay). It used to be among the top cloth markets in the province of Khyber-Pakhtunkhwa (also in other parts of Pakistan), it still flourishes but at the same time many other cloth markets have emerged. The famous cloth market is situated on West side of Noshehra-Mardan road and on Sout ...
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