Test

The financial results of local and international operations have registered an overall turnover of
Rs.1,936.61 million.

Some of the major ongoing local projects of ACE Limited where activity was recorded during the year were: Construction Design and Supervision of World’s highest 272m high Roller Compacted Concrete Diamer Basha Dam (4500 MW); Design Review and Construction Supervision of 213m high Mohmand Dam Hydropower Project (800 MW); Design and Construction Supervision of 54 MW Attabad Lake
Hydropower Project; Supervision for Up-gradation and Refurbishment of Generating Units (1-6 & 9-10) of
Mangla Power Station; Khyber Pakhtunkhwa Rural Investment and Institutional Support Project (KP-RIISP), Agriculture Component; Contract Management & Administration of 69 MW Lawi Hydropower Project; Design Review and Construction Supervision of Mangi Dam Project; Design and Construction Supervision of Winder Dam Project; Design and Construction Supervision of Dams for Flood Mitigation & Irrigation, Sui/Dera Bugti; Design Review and Construction Supervision for Improvement and Rehabilitation Works of Akram Wah Canal, Design Review and Construction Supervision of 04 Dhoros Project; Design Review and Construction Supervision of Central Asia Regional Economic Cooperation Corridor (CAREC) Tranche–II and Tranche–III Projects; Design Review and Construction Supervision Services for Inter–Provincial Connectivity Economic Corridor through Gilgit–Baltistan & AJ&K (Thallichi GB–Shounter AJ&K (Package–I to III & VI with total length 121 km); Construction Supervision of Periodic Maintenance/Rehabilitation Works under Annual Maintenance Plan for NHA South Zone ; Design Review and Construction Supervision of Hoshab– Awaran–Khuzdar–Section of M–8 (Section–2: Length 168 km);
Detailed Design & Construction of Road from Pissan to Hoper Nagar (Length 40 km.); Design Review and Construction Supervision of Chitral–Booni–Mastuj–Shandur Road (Length 153 km.) and Detailed Design and Construction Supervision of Lahore–Sialkot Motorway (LSM) Link Highway (4–Lane) connecting
LSM to Narang Mandi and Narowal (Length 73 kms).

Major projects secured by ACE Limited during the year 2025-2026 were: Feasibility Study Review and Construction Supervision Management of 22 MW Jagran–IV Hydropower Project; Project Implementation
Supervision and Monitoring Consultants for Transformation of Agriculture in Pothohar; Feasibility Study
and Detailed Design for Concrete Lining of Rohri Canal; Feasibility Study & Detailed Engineering Design for Dualization of Road from Qureshi Morr to Darya Khan Bridge District D.I Khan; Feasibility Study &

(Sections I &II, Length 65 km); Feasibility Study and Detailed Design of Rawalpindi Ring Road (Phase–II) from Thallian (M–2) To G.T Road (N–5); Design Review and Construction Supervision for Dualization & Rehabilitation of Karachi–Quetta Chaman Road - N–25 (Section I: Length 273 km, Section III: Length 82 km and Section VI Length: 187 km) and Design Review and Construction Supervision of Inter–Regional

Connectivity between Baltistan and Diamer–Astore Division (from Gorikote Astore to Shagharthang
Skardu Road).

ACE has actively pursued opportunities and submitted several Expressions of Interest and Proposals in Indonesia, Malaysia, Cambodia and other countries within the region. During the period 2025 – 2026 ACE
in association with local Cambodian firm has secured Consulting Services for Feasibility Studies, Detailed
Engineering Design, Procurement Management, and Construction Supervision Project (MOWRAM-CS-002) under Cambodia Water Security Improvement Project, in Cambodia.

Lists along with relevant details of new projects, ongoing projects and those completed during the year
2025-2026 by ACE have been provided in this review.

During the year, ACE Architectural and Town Planning Services Limited (a subsidiary of ACE Limited)
secured four (04) projects titled Construction of Office Building IDAP, Lahore; Construction of Pakistan
Kidney & Liver Institute and Research Centre, Lahore (Package-C1); Construction of Punjab Revenue
Authority (PRA) Building, Lahore; and Local Staff Colony at Gulpur Hydropower Plant, Kotli, AJ&K

Construction of Net Zero Energy Building, Lahore; Establishment of University of Applied Engineering and Emerging Technologies (UAEET), Sambrial, Sialkot; Construction Supervision for Secretariat Office Building & Allied Works and Government Officers Residences in Multan; Development of Government College University, Lahore, Kala Shah Kaku Campus (Phase-II); Development of Abdul Wali Khan University, Mardan (Garden Campus); Development of Academic & Research facilities at Women University of AJ&K at Bagh and Establishment of New Campus for Government College Woman University, Faisalabad; Some of the projects completed during the year, were: Establishment of Danish Schools (Boys & Girls) at Mankera and Bhakkar Districts; Establishment of Danish Schools (Boys & Girls)
at Taunsa, District DG Khan; Establishment of Shamim David College of Nursing at Memorial Christian Hospital, Sialkot; Construction of Academic Block of University of Bunner at Swari, District Bunner; and the Local Staff Colony at Gulpur Hydropower Plant, Kotli, AJ&K.

ACE continued to operate as registered Professional Engineering Body with PEC, organizing and
conducting PEC authorized training sessions on engineering and related topics. During the period under
review, 211 professionals participated in various training sessions organized by the Company.

ACE’s certification by Lloyd’s Register Quality Assurance (LRQA) for its Quality Management System
(ISO 9001:2015), Occupational Health & Safety Management System (ISO 45001:2018), and
Environmental Management System (ISO 14001:2015) remains valid until June 2028.

ACE maintained its progress during 2025–2026 despite the challenging economic conditions faced by the
country and remains optimistic about improved business prospects in the coming years.

During 2025–26, Regional Office (North) continued to deliver top-class professional services to its valued
clients across the Federal Government, Punjab, Khyber Pakhtunkhwa, Azad Jammu & Kashmir, and
Gilgit-Baltistan.

As of June 30, 2026, the Regional Office had active engagements on 12 projects, with 5 additional
projects successfully completed during the reporting period.

22 MW JAGRAN-IV HYDROPOWER
PROJECT

The 22 MW Jagran-IV Hydropower Project is a run-of-river scheme located on the Jagran Nullah
of the Neelum River, being executed through the
AJ&K Power Development Organization (AJ&K PDO).

Management Consultancy Services were
awarded to the joint venture of ACE (Lead Firm),
Saud Consult, and RHC Consultants. Work
commenced on August 29, 2025, with a completion period of 46 months.

Following mobilization, the Management
Consultant has reviewed previous studies and the Feasibility Review Report, and has furnished
the tender-level design. The draft bidding documents for Lot-1 (Civil Works), on an
EPC/Turnkey basis, have been submitted to the client.

TRANSFORMATION OF AGRICULTURE
IN POTHOHAR

Initiated by the Government of Punjab's
Agriculture Department, this project aims to
develop uncultivated land into cultivable land
through land and water resource development,
in order to promote high-value agriculture in
Pothohar region which is characterized by
undulating topography and a semi-arid climate
with 450 mm of annual rainfall, only 8% of
Pothohar’s land is currently under cultivation,
leaving 92% dependent on erratic rain-fed
(barani) farming — resulting in crop yields
roughly 50% lower than the irrigated areas.
Addressing these constraints could enhance the region's agricultural productivity many folds.

ACE with other joint venture partners was
awarded this project. The project commenced in
January 2026, and the Inception Report has
been submitted for approval. Services being
provided include the review and approval of
designs and cost estimates, construction
supervision, quality assurance, quantity
certification, technical assistance, and overall
coordination of project execution. The project is
scheduled for completion by June 2028.

As part of a joint venture comprising local and
foreign firms, ACE has been providing
consultancy services to WAPDA on this mega
project since June 2020. The scope of services
covers design review, construction designs,
construction supervision, and contract
administration.

Located partly in Khyber Pakhtunkhwa and predominantly in Gilgit-Baltistan, the dam is approximately 315 km upstream of Tarbela Dam
on the Indus River. The project comprises a 272-
metre-high Roller Compacted Concrete (RCC) dam with a gross storage capacity of 8.1 MAF, along with appurtenant structures and a powerhouse with an installed generation capacity of 4,500 MW — on completion, it will be
the highest RCC dam in the world.

Construction activity is progressing steadily. Excavation of the dam pit has reached 99.5%, while the Right and Left Abutments stand at 71%
and 91% respectively. Excavation of the left-bank power intake and outlet has reached 94% and 84% respectively. The total project period is
120 months, inclusive of the defects liability and contract closure period.

MOHMAND DAM HYDROPOWER
PROJECT

ACE, as part of a joint venture, is providing design review, construction supervision, and
contract management services to WAPDA on
this project.

Under construction on the Swat River,
approximately 5 km upstream of Munda
Headworks in Khyber Pakhtunkhwa, Mohmand
Dam is a 213-metre-high Concrete Faced
Rockfill Dam (CFRD) with a gross storage
capacity of 1.239 MAF. The project encompasses 800 MW of hydropower
generation, irrigation for 6,773 hectares of
agricultural land, flood control, and the provision
of 247 MGD of drinking water to Peshawar city.
Overall project progress stands at 53.9%.
Anticipated completion is by October 2030.

UPGRADATION AND REFURBISHMENT
OF MANGLA POWERHOUSE

ACE, in joint venture with local and foreign firms,
is supervising the upgradation and
refurbishment of generating Units 1–6 and 9 & 10 at Mangla Power Station on behalf of WAPDA.

The upgradation is being executed in phases,
closing one tunnel at a time to enable
dismantling and refurbishment of two generating
units at a stretch. On completion, the power generation capacity of Mangla Powerhouse will
increase from 1,000 MW to 1,310 MW.

To date, Units 5 and 6 have been upgraded and
are operating at an increased capacity of 135 MW. The upgradation of Units 3 and 4 has been
completed, with testing and commissioning activities currently underway, while dismantling
operations for Units 1 and 2 are actively in progress. Overall progress as on June 30, 2026 stands at 76%.

The 54 MW Attabad Lake Hydropower Project
harnesses a natural lake formed in 2010 by a massive landslide that blocked the flow of the
Hunza River. The project is planned for
implementation on an Engineering, Procurement
and Construction (EPC) basis.

ACE, as a member of a joint venture of local and
foreign consultants, has been engaged by
WAPDA to carry out the feasibility study review,

procurement of the EPC contractor, construction
supervision, and contract management.
Procurement of the EPC contractor is currently
underway, an assignment duration of 55 months.

6.95 MW MUJAHIDIN HYDROPOWER
PROJECT

Located on the Barando River in District Torghar,
KPK. ACE is in the lead role with three other consultants providing Management Consultancy
Services to the Pakhtunkhwa Energy
Development Organization.

The Management Consultant acts as “The
Engineer" for the project, responsible for
reviewing the feasibility study, preparing the
basic design and EPC contract documents
(based on FIDIC Conditions of Contract for
EPC/Turnkey Contracts), and managing
contract administration and construction
supervision. As of June 30, 2026, revision of the
PC-1 is under process.

ACE is providing Management Consultancy
Services on the Lawi Hydropower Project (69
MW) to the Pakhtunkhwa Energy Development
Organization. The project is under construction
on the Shishi River, a tributary of the Chitral
River, approximately 40 km from Chitral city.

ACE's scope of work includes review of the
feasibility study, preparation of the basic
engineering design and tender documents,
assistance in contract award, review of the EPC

contractor's design, and construction
supervision.

Overall project progress stands at approximately
60%. Completion is anticipated by December
2027.

KPK RURAL INVESTMENT AND
INSTITUTIONAL SUPPORT PROJECT
(KP-RIISP), AGRICULTURE
COMPONENT

Initiated by the Government of Khyber
Pakhtunkhwa, this project focuses on building
responsive and accountable institutions for
service delivery and development across eight
recently Merged Districts and six Frontier
Regions.

ACE, as Lead Member alongside another local consultant, has been engaged by the Agriculture
Department, with services commencing in January 2025.

The project comprises five key components: Multi-Sectoral Investments and Improved Service Delivery to Merged Areas; Emergency Flood Response; Project Management; Monitoring and Evaluation (M&E); and Technical
Assistance and Emergency Support Contingencies.

The project is funded by the World Bank with an
allocation of USD 330 million over a five-years period, with completion scheduled for January
2030.

WAPDA HYDRAULIC MODEL
RESEARCH & TRAINING INSTITUTE
(WHR&TI)

ACE, with ACE ARTS Limited as sub-consultant,
is providing master planning, detailed engineering design, tender document preparation, contractor procurement assistance, site supervision, and contract administration services to develop a Hydraulic Research Centre
modeled on the Nandipur facility on 125 acres of
vacant land within the Chichoki Mallian Hydel Power Station complex. The project period is 30 months.

The project commenced in March 2025. As of June 2026, the Inception Report, Project Planning Report, and Detailed Engineering Design Report have been submitted to the client
for approval, and preparation of tender
documents is underway.

During the 2025–2026 fiscal year, the Regional Office (South) rendered high quality, professional
consultancy services to its valued clients in the provinces of Sindh and Balochistan.

Twelve projects remained active as of June 30, 2026, at the Regional Office (South). Services were
provided to various clients in the fields of dams, barrages, irrigation, drainage, flood control, and water supply projects.

CONCRETE LINING OF ROHRI CANAL
FROM HEAD TO TAIL

The feasibility study, detailed engineering design, cost estimates, and PC-I for the concrete
lining of the Rohri Canal was awarded to ACE by
the Irrigation Department Government of Sindh in February 2026. The project aims to improve canal efficiency by reducing seepage losses, enhancing water conveyance capacity, and ensuring equitable and reliable irrigation water distribution. Additionally, it will lower operation and maintenance costs, extend the service life of
the canal infrastructure, and support sustainable agricultural productivity in the command area. The total duration of this assignment is set for 6 months.

WATER SUPPLY SCHEME LORALAI
TOWN PROJECT

This assignment was awarded to ACE by the Public Health Engineering Department, Government of Balochistan, in March 2026. The project aims to provide effective construction supervision for the water supply scheme for Loralai Town, which is based on the supply from
Mara Tangi Dam. The project will deliver safe drinking water to the residents of Loralai Town, improve public health, support urban growth, and
provide efficient utilization of water resources from the Mara Tangi Dam. The total duration of

supervision of this project by the Irrigation
Department, Government of Sindh, in June
2016. The project envisages the remodeling of
the lower Nara Canal between the Makhi Weir and the Farash Complex. It includes supplying
200 cusecs of water to the Thar Coal Energy
Field through a 197-RD water carrier channel,

remodeling and lining off-taking channels, and constructing cross and head regulators, road bridges, road culverts, an escape inlet structure,
and direct outlets.

Due to the scale of the project, the construction
works have been divided into 21 contract
packages for ease of management. The overall
progress by the end of June 2026 was 95%.

ACE was assigned the design review and construction supervision of this project by the Irrigation Department, Government of Sindh, in
September 2017. The project aims to supply drinking water from Umerkot to Keetari and adjoining villages in the Thar Desert, including Chachro Town, to meet the water requirements of 231,000 inhabitants across 107 villages for the
next 30 years. The work was awarded through
seven packages, with overall progress reaching 93% by the end of June 2026.

IMPROVEMENT OF FARASH COMPLEX
EXISTING IRRIGATION NETWORK
(IFCEIN)

The project is located in the Umerkot District of
Sindh and was awarded to ACE by the Sindh
Irrigation Department in March 2022. The
consultant’s scope includes construction
supervision and quality monitoring for the
rehabilitation and improvement of the existing
irrigation network within the Farash Complex.

CONSTRUCTION SUPERVISION,
REVIEW OF DESIGN, DRAWINGS AND
COST ESTIMATES OF DHORAS

The Irrigation Department of Sindh has initiated
a project to revive the natural waterways
(Dhoras) of Sohni Dhoro and Jalbani Dhoro. The plan also includes constructing the Mark Wah
surface drainage pumping station. In addition, a
drainage network featuring four pumping
stations, drains, and related structures will be
constructed in the Thari Mirwah and Faiz Gunj talukas. This project was assigned to ACE for the
detailed design, construction supervision, and
contract management on December 10, 2024,
with a total project duration of 36 months.

IMPROVEMENT AND REHABILITATION
WORKS OF AKRAM WAH CANAL

The detailed design and construction
supervision of the Akram Wah Canal was
awarded to ACE in a joint venture with a local
firm by the Sindh Irrigation & Drainage Authority
(SIDA) in January 2024 and is funded by the
World Bank.

Commissioned in 1958, the Akram Wah Canal is the first large lined canal in Pakistan. The 117-km channel is designed for a discharge capacity of 3,714 cusecs (featuring 59 km of lined and 58
km of unlined sections) and irrigates gross and cultivable command areas of 551,794 and 532,311 acres, respectively. The project requires rehabilitation to address structural deterioration and growing water demands. The overall progress of the project by the end of June
2026 was 25%.

ACE as consultant is providing services to Sindh
Irrigation Department. The project is aimed at curtaining massive flooding on the left bank of the Indus River in Sindh, due to the drainage system's inadequacies and vulnerabilities which became prominent during the floods of 2020 and
2022. The scope of work includes design review,
construction supervision, and contract management.

The Public Health Engineering Department, Government of Balochistan, awarded the consultancy services for the Mangi Dam Project to ACE, in a joint venture with two local firms. The Mangi Dam is located near Mangi village on
the Khost River, roughly 90 km from Quetta City.
The project aims to augment Quetta's daily water
supply by 8 MGD, supplementing the current availability of 15 MGD.

The proposed 61-meter-high concrete gravity
dam will have a live storage capacity of 25,740
acre-feet. The water conveyance system
comprises a 60 km network of 600 mm and 400
mm diameter ductile iron pipes operating via
pumping and gravity flows. The consultants'
scope of work includes design review, initial
environmental examinations, the preparation of
tender documents and construction drawings,
procurement assistance, and construction
supervision alongside contract management.
Divided into six packages, the construction
works are currently underway, achieving an
overall progress rate of 85% by the end of June
2026.

ACE, in a joint venture with local firms, was awarded the Winder Dam Project by the Balochistan Irrigation Department in June 2020. The project is situated on the Winder River in the
Lasbela District of Balochistan, roughly 125 km from Karachi. The 41-meter-high earth-core rockfill dam (ECRD) will create a reservoir with a
gross storage capacity of 74.88 MCM at a normal reservoir level of 112 meters.

The dam will provide approximately 1.50 m³/s (53 cfs) of water to irrigate 4,048 hectares (10,000 acres) of downstream land. The
irrigation system comprises a 20.5km main canal
and four distributaries spanning a combined length of 16 km. The overall progress of the project by the end of June 2026 was 63%.

EARTHEN DAMS FOR FLOOD
MITIGATION & IRRIGATION FOR SUI /
DERA BUGTI

The feasibility study and detailed design of
earthen dams for flood mitigation and irrigation
under the development package were awarded
to ACE by the Balochistan P&D Department in
August 2024. These proposed dams are
strategically situated along streams and areas
with a high potential for flooding. The structures
will store floodwater to support irrigation and
drinking water supplies. The consultants are
responsible for surveys, investigations,
feasibility studies, detailed designs, cost
estimates, bidding documents, and PC-I
preparation.

DAMS AND PROTECTION WORKS IN
DERA BUGTI

The Balochistan P&D Department has initiated a study aimed at identifying solutions to meet
regional water demands. The detailed design of
protection works, along with construction
supervision and contract management for dams
and protection works related to flood mitigation
and irrigation in Dera Bugti, was awarded to ACE in November 2024. The scope of work includes
design, protection works, construction
supervision, and contract management for the
dams and protection works.

During the year 2025–26, the Transportation Engineering Services Division continued providing
professional consultancy services of international standard to its valued clients in Pakistan.

During this period, 06 new projects were secured. In all, the division completed 04 projects during the
year, with activity recorded on 23 projects as of June 30, 2026.

ACE, in 2025, in a joint venture with another firm,
was awarded the Design Review and
Construction Supervision of the 105 km

The project aims to provide a safe, efficient, and
all–weather transportation corridor that will facilitate regional development, improve accessibility to remote communities, and
promote tourism throughout Gilgit–Baltistan. Upon completion, the route will offer a shorter and more economical alternative between Islamabad and Skardu, while decreasing reliance on the Karakoram Highway. The current
status stands at 30% complete.

DUALIZATION AND REHABILITATION
OF KARACHI – QUETTA – CHAMAN
ROAD (N–25)

ACE, in joint venture with a local partner, is providing consultancy services to the National
Highway Authority (NHA) for the Design Review

and Construction Supervision of the Karachi –
Uthal Section of National Highway N–25 since

The Karachi–Quetta–Chaman Highway is one of Pakistan's most strategic road, connecting
Karachi Port with Quetta and providing onward
access to Afghanistan through Chaman. The
100 Km. project section extends from Hub
Bypass (Km. 30+000) to Uthal in Balochistan.
The project is scheduled for completion by

DUALIZATION OF KARARO – WADH
AND KUCHLAK – CHAMAN SECTIONS

ACE, in joint venture with a local consulting firm,
is providing consultancy services since

Authority for this strategically important section
of N–25.

The existing two–lane highway is being
upgraded into a four–lane divided carriageway
through the construction of an additional
carriageway, rehabilitation of the existing
roadway, and construction of new bridges and
cross–drainage structures.

DUALIZATION OF ROAD FROM
SIALKOT–EIMANABAD INCLUDING THE
MOTORWAY LINK

ACE was awarded by the National Highway Authority to undertake the Techno–Economic Feasibility Study and Detailed Design for the dualization of the Sialkot–Eimanabad Road up to
Kamoki, including a new motorway connection.

Although the road falls under the jurisdiction of
the Government of Punjab, the project is being
implemented by NHA as a deposit work in
accordance with the ECNEC decision. The
assignment is 80% complete as of June 30,
2026.

ACE is undertaking the Feasibility Study and
Detailed Design of Phase–II of the Rawalpindi

Ring Road, extending from Thallian Interchange
(M–2) to G.T. Road (N–5) in joint venture with a
local firm.

The proposed corridor represents a critical component of the long–term transportation strategy for the Islamabad – Rawalpindi metropolitan region. On completion the southern
bypass of Rawalpindi will connect major national
highways, including M–1, M–2, N–5, and the CPEC network.

The project is expected to significantly reduce
urban congestions, improve regional freight
movement, shorten travel time, reduce vehicle
operating costs, and stimulate economic growth
and investment in southern Rawalpindi.

DUALIZATION OF KARARO – WADH
AND KUCHLAK – CHAMAN SECTIONS

ACE, as Lead Firm, in joint venture with other local consulting firms, is providing consultancy services for the Design Review and Construction
Supervision of the Kararo – Wadh and Kuchlak –
Chaman Sections of N–25. The consultancy

The project comprises the construction of a two–
lane additional carriageway alongside the
existing highway, transforming the facility into a four–lane divided highway. The scope includes rehabilitation of the existing pavement together with the construction of bridges, culverts, and other drainage structures.

The alignment extends from Kararo through
Jhalwan, Kanoji, Ornach, and Drakala before
terminating at Wadh. The project is scheduled

INTER–PROVINCIAL CONNECTIVITY
ECONOMIC CORRIDOR THROUGH
GILGIT–BALTISTAN & AJ&K (THALLICHI
GB–SHOUNTER AJ&K)

In joint venture with a local firm, ACE is providing
consultancy services since August 2024 to the Communications and Works Department, Gilgit– Baltistan.

The 121 Km project, divided into six packages, originates from the Karakoram Highway (KKH) at
Thallichi and Jaglot. A second alignment passes
through Bunji and merges with the main route near Ramghat. From there, it runs south along the Astore River to Shounter Top at the Astore– Neelum District border in AJ&K.

extending into the Neelum Valley. Scheduled
completion is end of February 2028.

REHABILITATION WORKS UNDER
ANNUAL MAINTENANCE PLAN (AMP)
2021–24 OF SOUTH–ZONE

National Highway Authority (NHA) has engaged
since March 2025 a joint venture of four local firms, including ACE as lead member, for
supervision of the Annual Maintenance Plan
(AMP) covering 739 Km. of road sections across seven (7) National Highways falling under the
South Zone.

The AMP also includes corrective maintenance
activities such as structural repairs, safety
enhancements, and facility upkeep. To support
these efforts, the Consultants’ consortium has
been engaged for over a three–year period.

BATKHELA BYPASS ROAD FROM “PUL
SAOKAI TO KHADAGZO BRIDGE
TARAI” I/C LINK ROADS TO CONNECT
N–45 & PKHA ROAD S–3

The Pakhtunkhwa Highways Authority (PKHA)
awarded the project to ACE in April 2025 for
providing consultancy services.

This infrastructure development is expected to
significantly boost economic growth, improve
regional connectivity & reduce travel time, vehicle operating costs, and environmental

preparation of pre–feasibility, alignment, hydrology, hydraulic and geotechnical studies, detailed engineering design, preparation of
estimates and tender documents. The project is
scheduled to be completed in December 2026.

CENTRAL ASIA REGIONAL ECONOMIC
COOPERATION CORRIDOR (CAREC)
TRANCHE–II & III

ACE, as part of a consortium comprising three
international and five local consulting firms, is
providing consultancy services to the National
Highway Authority (NHA) for the CAREC road
network project (N–55), funded by the Asian
Development Bank (ADB). The consultancy
contract was formalized in April 2022.

The CAREC corridor spans approx. 1,264 Kms. Extending from Peshawar to Hyderabad and plays a pivotal role in enhancing regional connectivity between Pakistan, China, Afghanistan, and the Central Asian Region. ACE
has been entrusted with Construction Supervision and Contract Administration of Package-I, stretching from Kashmore to Rojhan.
The project entails the upgradation of the existing 7.30–meter–wide single carriageway
into a dual carriageway, comprising two lanes in each direction, aimed at substantially improving road capacity, safety, and operational efficiency.

As of June 2026, the project has achieved 31%
progress. The scheduled completion date is end
of July 2027.

HOSHAB – AWARAN – KHUZDAR;
SECTION M–8 & SECTION–2 OF
AWARAN – NAAL

Awarded by the National Highway Authority
(NHA), ACE, as a member of a joint venture
comprising four local consulting firms, is contributing its share of consultancy services for
the Awaran – Naal section of the M–8 Motorway.
Services commenced in January 2024.

The M–8 Motorway extends approximately 892
km from Ratodero to Gwadar. While the sections
from Ratodero to Khuzdar and Hoshab to Gwadar have been completed, the Hoshab to
Khuzdar segment remains a critical missing link in the overall corridor.

The Awaran – Naal Section, spanning 168 Km
constitutes a vital portion of the Hoshab –
Khuzdar Section. The design review for the
project has been completed, and the
construction phase is currently underway. The project is scheduled for completion by the end of
April 2027.

MOTORWAY (M–7) HUB – DUREJI –
DADU

ACE is providing its share of consultancy
services since November 2023 to the National
Highway Authority (NHA) as part of a joint
venture comprising two other local consulting
firms.

The M–7 Motorway Project, spanning
approximately 270 km, will establish a strategic
link between Hub, Dureji, and Dadu, forming an
essential segment of the Islamabad – Karachi
North–South Corridor.

The motorway is anticipated to significantly
reduce travel time, vehicle operating costs,
create employment opportunities, and stimulate
economic activity within the region.

ACE’s scope of work includes the preparation of
the inception report, alignment study, hydrology and hydraulic assessments, geotechnical
investigations, detailed engineering design,
preparation of cost estimates and tender documents. The project completion date is December 2026.

LAHORE – SIALKOT MOTORWAY (LSM)
CONNECTING LSM TO NARANG MANDI

For the proposed four–lane link highway
connecting the LSM with Narang Mandi,
Baddomalhi, and Narowal, ACE is providing
detailed design and construction supervision
services to the National Highway Authority
(NHA) as part of a joint venture. The 73 Km long link highway also includes a 10.30 Km long
Eastern Bypass for Narowal City. Services
commenced in August 2023 and the project is
still in progress.

In recognition of the consultants’ professional
performance and quality of services, the client
has awarded additional scope of work, entrusting the consultants with the detailed design of the
Umerkot Interchange on the LSM.

CHITRAL - BOONI - MASTUJ SHANDUR
ROAD

Awarded by the National Highway Authority (NHA), ACE, as part of a consortium with three local consulting firms, has been providing design
review and construction supervision services for this project since October 2021. The project involves a section of the Chitral–Gilgit Road, designated as National Highway N–140, which serves as a strategic alternate route for the China – Pakistan Economic Corridor (CPEC).

With a total investment of Rs. 21.64 billion, the road is being rehabilitated and upgraded to
enhance connectivity in the region. Upon
completion, the project is expected to deliver multiple socio–economic benefits, including
reduced travel time, the promotion of tourism,
and the advancement of economic, social, and
agricultural development across the area.

PISSAN TO HOPER NAGAR (40 KM.)
INCLUDING BRIDGES AND ALLIED
STRUCTURES

In joint venture with a local firm, ACE has been providing consultancy services for this project
since December 2021 to the Ministry of Kashmir
Affairs & Gilgit–Baltistan.

The initiative aims to enhance regional
connectivity, providing residents of Gilgit–
Baltistan with improved access to commercial

hubs, district centers, and the national highway network. This road, also known as Shahrah–e– Nagar, will establish an alternate route to the Karakoram Highway (KKH), extending up to
Sumayar Nagar, and will include a strategic link
to KKH at Ganish Bridge. This development is
expected to alleviate traffic congestion on the
existing KKH and significantly improve mobility
within the region.

Detailed design and tender documentation were
completed in April 2022, and construction
supervision activities are currently ongoing.

DUALIZATION OF ROAD KATLANG
BAZAR DORANABAD CHOWK MARDAN

In February 2022, ACE, in association with a local firm, was awarded a contract by PKHA to provide comprehensive construction supervision
services for one of the key projects under this initiative. The project involves the dualization of a
19.68 Km road segment from Katlang Bazaar to Doranabad Chowk, located in Mardan District.

During 2024-25, ACE in association with Turkish and Indonesian companies was awarded the Project
Management Consultant (PMC) assignment for the Trans South-South Java Road Project – Phase II (TRSS-ID), Indonesia, funded by the Islamic Development Bank, for a duration of 27 months.

The project road passes through Gunung Kidul-Bantul (DI Yogyakarta), Tulungagung, Blitar, and Malang
Regency, and will improve transport accessibility in less-developed areas while reducing poverty in remote communities. The road networks are expected to bring inclusive development, especially for areas that are not well connected to major economic centers, increase access to markets, improve access to social services, and enhance cross-border transport, trade, and tourism. In a later phase, the road will extend through Jember Regency and Banyuwangi Regency, two evolving rural economic centers that need to be better connected with the regional market.

Project implementation is currently ongoing, with several sections already completed and open to traffic,
delivering tangible benefits to local communities along the corridor. Overall project completion is expected
by October 2027.

ACE has actively pursued opportunities and submitted several Expressions of Interest and Proposals in Indonesia, Malaysia, Cambodia and other countries within the region. During the period 2025 – 2026 ACE
in association with local Cambodian Firm has secured Consulting Services for Feasibility Studies, Detailed Engineering Design, Procurement Management, and Construction Supervision Project (MOWRAM-CS-002) under Cambodia Water Security Improvement Project, in Cambodia for which the contract negotiations with the Ministry of Water Resources and Meteorology (MOWRAM) Cambodia are in advance stage.

ACE ARTS Limited, a subsidiary of ACE Limited, provides high-standard consultancy services to reputed
clients across Punjab, Khyber Pakhtunkhwa, AJ&K, and Gilgit-Baltistan.

During FY 2025–26, four (4) new projects were secured and five (5) projects were successfully
completed. As of June 30, 2026, the total number of ongoing projects stood at thirteen (13).

The Infrastructure Development Authority of the Punjab (IDAP) is actively developing state-of-the-art office and institutional buildings across
Lahore to consolidate government departments and promote sustainable, modern infrastructure.
As part of this initiative, IDAP awarded ACE ARTS Limited the Resident Construction Supervision consultancy services for the
construction of the IDAP Head Office Building, Lahore in January 2026. The IDAP Head Office
Building comprises a 4-basement + ground + 6-storey office building with a rooftop, a total covered area of approximately 177,500 square feet, and an estimated construction cost of PKR 4,657 million.

As of end June 2026, the project had achieved overall physical progress of 13.34%, with
construction activities proceeding in line with the
approved implementation schedule.

PAKISTAN KIDNEY & LIVER INSTITUTE
AND RESEARCH CENTRE (PKLI&RC),
LAHORE (PACKAGE-C1)

The Infrastructure Development Authority
Punjab (IDAP) awarded ACE ARTS Limited the Resident Construction Supervision consultancy
services for the construction of PKLI&RC,
Lahore (Package-C1) in November 2025. The
project comprises two basement levels, a ground floor, and ten upper floors, with a total covered area of 203,156 square feet and an estimated
construction cost of PKR 3,253.610 million.

The facility is designed to provide specialized
medical services, including kidney and liver
transplantation, while promoting innovation and
excellence in healthcare system.

As of end June 2026, physical progress of the
construction works had reached 92%.

PUNJAB REVENUE AUTHORITY (PRA)
BUILDING, LAHORE

ACE ARTS has been providing Resident
Construction Supervision consultancy services

for the construction of the Punjab Revenue
Authority (PRA) Building, Lahore, since July
2025.

The PRA Headquarters, located on a 10-kanal site at Walton Road, Lahore, has a covered area
of 157,171 sq. ft. and will comprise two basements, a ground floor, and four upper floors.
This purpose-built facility will consolidate PRA's scattered offices, improving operational efficiency, reducing costs, and enhancing taxpayer facilitation. The estimated project cost is Rs. 3,800 million. Construction progress up to end June 2026 stood at 32.26%.

IDAP is developing a state-of-the-art Net Zero Energy (NZE) Building in Gulberg, Lahore, aimed at setting new benchmarks in sustainable
and energy-efficient infrastructure. ACE ARTS
has been providing Resident Construction
Supervision consultancy services for the
construction of the Net Zero Energy Building (ACEIP, DLI-8), Lahore, since December 2024. The building comprises 3 basements, ground
plus 9 storeys, and a rooftop, covering a total area of 200,000 square feet, with an estimated construction cost of Rs. 3,940.572 million.

Construction progress up to end June 2026
stood at 92%.

UNIVERSITY OF APPLIED
ENGINEERING AND EMERGING
TECHNOLOGIES (UAEET), SAMBRIAL,
SIALKOT

The Establishment of the University of Applied Engineering and Emerging Technologies (UAEET), Sambrial, is being developed by IDAP.
The project is envisioned as a modern and sustainable campus featuring state-of-the-art academic, research, residential, and recreational facilities, spread over approximately
400 acres, with an estimated construction cost of
Rs. 4,637 million.

SECRETARIAT OFFICE BUILDING AND
GOVERNMENT OFFICERS’
RESIDENCES, MULTAN

ACE ARTS has been providing Resident
Construction Supervision consultancy services
on this project to IDAP since November 2021.

The project comprises the construction of a Secretariat Office Building and Government Officers' Residences, along with comprehensive external development works, with a total covered
area of approximately 171,353 square feet and an estimated cost of Rs. 3,102.804 million. The Government Officers' Residences have been successfully completed and handed over to IDAP. Construction of the Secretariat Office Building is currently on hold due to the unavailability of funds.

STAFF COLONY AT GULPUR
HYDROPOWER PLANT, KOTLI AJ&K

ACE ARTS has been providing consultancy
services to MIRA Power Limited for the
development of Staff Colony at the 102 MW
Gulpur Hydropower Plant, Kotli, AJ&K, since
September 2023.

The Staff Colony consists of five independent
blocks — Block-A, -B, -C, -CA, and Block-D.
Construction of Blocks A, B, C, and CA was
successfully completed on December 31, 2025,
while Block-D remains under construction.

ABDUL WALI KHAN UNIVERSITY,
MARDAN (GARDEN CAMPUS)

ACE ARTS has provided design and
construction supervision consultancy services
for Abdul Wali Khan University, Mardan (Garden Campus), since 2022. The scope of work
includes construction of two academic blocks,
two student hostels, an examination center, a
sports complex, a student learning center,
elevator installation, and comprehensive
external development works. The estimated
project cost is Rs. 2,191.772 million.

As of June 30, 2026, the project had achieved
87% progress.

GOVERNMENT COLLEGE UNIVERSITY,
LAHORE CAMPUS AT KALA SHAH
KAKU (PHASE-II)

ACE ARTS has been providing consultancy
services for the development of Government
College University (GCU), Lahore — Kala Shah

Kaku Campus (Phase-II) — since February
2022, with an estimated project cost of Rs. 998
million.

The consultancy assignment comprises comprehensive architectural and engineering design services for all components and buildings, as well as resident construction supervision. ACE ARTS has completed the design phase, and construction supervision services are currently ongoing. As of June 2026,
the project had achieved 86.25% progress.

DEVELOPMENT OF UNIVERSITY OF
DIR, SHERINGAL, DIR UPPER

ACE ARTS provided consultancy services for
this project, which spans over an area of 416
Kanals. The scope of services encompassed
master planning, architectural and engineering design of all project components, preparation of
tender documents and the PC-I, as well as
resident construction supervision.

The project has an estimated cost of Rs. 1,709
million, with 98% progress as of June 30, 2026.

GOVERNMENT COLLEGE WOMEN
UNIVERSITY, FAISALABAD

ACE ARTS is providing consultancy services for
this project, including planning, engineering and architectural design of buildings, preparation of bidding documents and Engineer’s Estimates, contractor procurement support, and construction supervision. The project has an estimated cost of Rs. 869 million. As of June 30,
2026, construction progress stood at 82.29%.

ACE ARTS is providing comprehensive
consultancy services for this project, including
detailed architectural and engineering design,
preparation of tender documents, cost
estimates/BOQs, EIA studies, and construction
supervision.

The project has an estimated cost of Rs. 800
million, with overall progress at 82%.

Mohmand Dam Hydropower
Project

Upgradation and Refurbishment of
Mangla Powerhouse

54 MW Attabad Lake Hydropower
Project

6.95 MW Mujahidin Hydropower
Project at Barando River

69 MW Lawi Hydropower Project,
District Chitral

22 MW Jagran –IV Hydropower
Project, AJ&K

KPK Rural Investment and
Institutional Support Project (KP-
RIISP), Agriculture Component

Transformation of Agriculture in
Pothohar

WAPDA Hydraulic Model
Research & Training Institute

Feasibility Study & Detailed Design
of Earthen Dams Under
Development Package for Sui/
Dera Bugti

Detailed Design of Protection
Works for Flood Mitigation &
Irrigation

Detailed Engineering Design of
Concrete Lining of Rohri Canal

Water Supply Scheme Loralai
Town

of Design, Drawings and Estimates
of 4 Dhoros

Construction of Hingorono Main &
Branch Drain (Phase-I)

Improvement and Rehabilitation
Works of Akram Wah Canal

Makhi Farash Link Canal (Chotiari
Phase-II)

Shaheed Benazir Bhutto Sweet
Water Project from Umerkot to
Keetari, Thar

Farash Complex Existing Irrigation
Network (IFCEIN)

Inter–Regional Connectivity
Between Baltistan and Diamer–
Astore Division

Dualization and Rehabilitation of
Karachi – Quetta – Chaman Road
(N–25)

Dualization of Kararo – Wadh
Section (83 Km.) and Kuchlak –
Chaman Section IV (104 Km.) of
National Highway (N–25)

Dualization of Sialkot – Eimanabad
Road up to Kamoki including Link
to Motorway

Dualization of Kararo – Wadh
Section III (82.257 Km.) and
Kuchlak – Chaman Section (104
Km.) of National Highway
(N–25)

Central Asia Regional Economic
Cooperation Corridor Development
Investment Program (CAREC)
Tranche – II and III Projects

Inter–Provincial Connectivity
Economic Corridor through Gilgit –
Baltistan & AJ&K

Periodic Maintenance /
Rehabilitation Works under AMP
2021–24 of South–Zone

Construction of Motorway (M–7)
Hub – Dureji – Dadu (270 Km.
Approx.)

Batkhela Bypass Road from “Pul
Saokai to Khadagzo Bridge Tarai”

ADP Scheme, Dualization of Road
from Katlang Bazar to Doranabad
Chowk

Design Review & Construction
Supervision of Hoshab – Awaran –
Khuzdar; Section of M–8 Project; &
Section–2 of Awaran – Naal

Detailed Design & Construction
Supervision of Road from Pissan to
Hoper Nagar (40 Km.) including
Bridges and Allied Structures

Chitral – Booni – Mastuj Shandur
Road

Lodhran – Multan Section (North
Bound ) of N–5 & Construction of
Flyovers (02 Nos.) at Railway
Crossing on Lodhran Multan
Bypass

Ziarat Mor – Kach – Harnai Road ;
Harnai – Sanjavi Road (55.1 Km.)

03 Bridges Over Phulelli – I, II and
Akram Wah Canals. Bridge on
Hyderabad Bypass

Link Highway (4–Lane) connecting
LSM to Narang Mandi and Narowal

Balance Work of ADP Scheme
(2020–21) “Improvement of 25 Km.
Left Over Portion of Chukiyatan –
Barawal – Shahi Road, District Dir
(Upper)”

Widening & Improvement of
Tarnawa – Kohala Bala Road (35
Km.)

Widening, Improvement &
Rehabilitation of National Highway
(N–25) in Kararo – Wadh Section
(Km. 222 – Km. 318)

South and North Access Roads
(Package–II) of Lowari Tunnel
Project

Infrastructure
Development

Pakistan Kidney & Liver Institute
and Research Centre (PKLI&RC),
Lahore

Infrastructure
Development

Punjab Revenue Authority (PRA)
Building, Lahore

Infrastructure
Development

Infrastructure
Development

University of Applied Engineering
and Emerging Technologies
(UAEET), Sambrial, Sialkot

Infrastructure
Development

Secretariat Office Building and
Government Officers' Residences,
Multan

Infrastructure
Development

GC University, Lahore – Kala Shah
Kaku

Staff Colony, Gulpur Hydropower
Plant

Abdul Wali Khan University,
Mardan

University of Dir, Sheringal, Dir
Upper

New Campus for Govt. College
Women University, Faisalabad

Academic & Research Facilities,
Women University AJ&K, Bagh

WAPDA Hydraulic Model Research
& Training Institute (WHR&TI),
Chichoki Mallian, Sheikhupura

WAPDA Hydraulic
Model Research &

D-185, KDA Scheme No. 1,
Tipu Sultan Road, Karachi - 75350

36-Civic Center, Ground Floor, M-Block,
Model Town Extension, Lahore-54700

C-35, Muhammad Ali Cooperative Housing
Society (MACHS), Tipu Sultan Road,
Karachi - 75350

TRANSPORTATION ENGINEERING SERVICES
DIVISION

36-Civic Center, 3rd Floor, M-Block,
Model Town Extension, Lahore-54700

Suite # 101, Victoria Heights, Sohan,
Main Service Road East, express way,
Islamabad

437, Yousafzai Street, Afzalabad,
Old Bara Road, University Town, Peshawar

Office # S-3, 2nd Floor, KFK Business Center,
Maanan Chowk – Jinnah Road, Quetta

Abdul Murad House,
Diamer Colony, Jutial, Gilgit

568-10-8, (Office Suite) Kompleks Mutiara,
Jalan Sultan Azlan Shah, 51200
Kuala Lumpur, Malaysia

88T-Lt. 3A Grand Pasar Minggu, JL.Raya
Rawa Bambu, Pasar Minggu,
Jakarta Selatan 12520, Indonesia

Sunwah Victory Borey, Room# F17-2A, 2nd
floor, House # F17, Street V19, Village Damnak
Thom 3, Sangkat Steung Meanchey 3, Khan
Meanchey Phnom Penh, Cambodia

ACE ARCHITECTURAL & TOWN PLANNING
SERVICES LIMITED

36-Civic Center, 1st Floor, M-Block,
Model Town Extension, Lahore-54700

D-185, KDA Scheme No. 1,
Tipu Sultan Road, Karachi – 75350