Chinese group shows interest in PSM

[ghazi52]

............................
Chinese group shows interest in PSM

Mr Jatoi advised the Chinese delegation to undertake a visit of Pakistan Steel and its facilities so that it can get a better understanding of viable options for cooperation. —AFP/File

ISLAMABAD: Sinosteel Corporation, China’s second largest importer of iron ore, has expressed interest in the revamping and expansion of existing plants and operations of Pakistan Steel Mills (PSM).

In a meeting held with Minister for Industries and Production, Ghulam Murtaza Khan Jatoi here on Wednesday, a Sinosteel delegation said that it intends to expand its overseas operations and considers Pakistan the best choice being a consistent partner in international cooperation.

Mr Jatoi, while assuring all possible support, asked the Sinosteel delegation to firm up its proposals and submit to the ministry since privatisation of PSM is on government’s agenda.

Once the proposals are received, the industries and production ministry will take up the case with the Privatisation Commission so that a feasible option is charted out which could benefit Pakistan and Sinosteel Corporation, Mr Jatoi told the delegation.

Mr Jatoi advised the Chinese delegation to undertake a visit of Pakistan Steel and its facilities so that it can get a better understanding of viable options for cooperation. He further recommended joint proposals for PSM and Sinosteel cooperation.

Published in Dawn, July 30th, 2015

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[cirr]

China should shift some of its steel production capacity（meaning techs and equipments）to Pakistan now that construction of the CPEC is in full swing。

 

[yunfei chen]

I think the Chinese government
It should help Pakistan
Industrialization
Only in this way, the state can only be long-term stability

China should shift some of its steel production capacity（meaning techs and equipments）to Pakistan now that construction of the CPEC is in full swing。

I just wanted to say so
Unfortunately, my English is too bad

 

[black-hawk_101]

............................
Chinese group shows interest in PSM

Mr Jatoi advised the Chinese delegation to undertake a visit of Pakistan Steel and its facilities so that it can get a better understanding of viable options for cooperation. —AFP/File

ISLAMABAD: Sinosteel Corporation, China’s second largest importer of iron ore, has expressed interest in the revamping and expansion of existing plants and operations of Pakistan Steel Mills (PSM).

In a meeting held with Minister for Industries and Production, Ghulam Murtaza Khan Jatoi here on Wednesday, a Sinosteel delegation said that it intends to expand its overseas operations and considers Pakistan the best choice being a consistent partner in international cooperation.

Mr Jatoi, while assuring all possible support, asked the Sinosteel delegation to firm up its proposals and submit to the ministry since privatisation of PSM is on government’s agenda.

Once the proposals are received, the industries and production ministry will take up the case with the Privatisation Commission so that a feasible option is charted out which could benefit Pakistan and Sinosteel Corporation, Mr Jatoi told the delegation.

Mr Jatoi advised the Chinese delegation to undertake a visit of Pakistan Steel and its facilities so that it can get a better understanding of viable options for cooperation. He further recommended joint proposals for PSM and Sinosteel cooperation.

Published in Dawn, July 30th, 2015

..................

Why not sell off all the industries to American and EU giants.

 

[ghazi52]

Why not sell off all the industries to American and EU giants.

Nice idea............................

 

[black-hawk_101]

Nice idea............................

Because China will destroy it.

 

[saurav]

Pattern....

Will be good for steel mill though..

 

[Lavrentiy]

Sell this piece of junk to the Chinese.

Let me work out the asset valuation.............................

Ummmmmmmmmmmmmmmm
.
.
.
.Rs. 50/- That's it.

Sell this shit for Rs. 50.

 

[black-hawk_101]

............................
Chinese group shows interest in PSM

Mr Jatoi advised the Chinese delegation to undertake a visit of Pakistan Steel and its facilities so that it can get a better understanding of viable options for cooperation. —AFP/File

ISLAMABAD: Sinosteel Corporation, China’s second largest importer of iron ore, has expressed interest in the revamping and expansion of existing plants and operations of Pakistan Steel Mills (PSM).

In a meeting held with Minister for Industries and Production, Ghulam Murtaza Khan Jatoi here on Wednesday, a Sinosteel delegation said that it intends to expand its overseas operations and considers Pakistan the best choice being a consistent partner in international cooperation.

Mr Jatoi, while assuring all possible support, asked the Sinosteel delegation to firm up its proposals and submit to the ministry since privatisation of PSM is on government’s agenda.

Once the proposals are received, the industries and production ministry will take up the case with the Privatisation Commission so that a feasible option is charted out which could benefit Pakistan and Sinosteel Corporation, Mr Jatoi told the delegation.

Mr Jatoi advised the Chinese delegation to undertake a visit of Pakistan Steel and its facilities so that it can get a better understanding of viable options for cooperation. He further recommended joint proposals for PSM and Sinosteel cooperation.

Published in Dawn, July 30th, 2015

..................

Chinese companies are preferred all over Pakistan because they give the highest commission to the broker party which is basically the Govt. of Pakistan.

I have also heard that all of the Electric Supply companies, Water and Sewerage companies, Oil & Gas companies, Power Plants and the industries will be privatized soon to Chinese firms. Just because they will give high commission to Govt.

 

[My-Analogous]

Chinese companies are preferred all over Pakistan because they give the highest commission to the broker party which is basically the Govt. of Pakistan.

I have also heard that all of the Electric Supply companies, Water and Sewerage companies, Oil & Gas companies, Power Plants and the industries will be privatized soon to Chinese firms. Just because they will give high commission to Govt.

Thanks but no thanks and please prove your comments because as far as i know they were keep out from Gawadar port b/c they didn't give kickbacks (it is forbitten in Chinese law)

 

[xyxmt]

Thanks but no thanks and please prove your comments because as far as i know they were keep out from Gawadar port b/c they didn't give kickbacks (it is forbitten in Chinese law)

there will always be stories, someone got the contract because of kickbacks, someone didnt get the contract because of kickbacks...unfortunate state of Pakistani society.