ghazi52
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Chiniot, Chagai ore steel mill project picked for Saudi investment
The country’s first-ever local iron-ore steel mill to be established in Chiniot tops the list of four potential projects selected by the government from across the country for investment by #SaudiArabia, it emerged on Sunday.
It may be recalled that Pakistan has signed a Memorandum of Understanding (MoU) for economic cooperation in mineral resources.
The MoU was part of the several $20 billion agreements and MoUs signed on Feb 17, 2019 for different sectors, including power production, establishment of refinery, petrochemical plant, promotion of sports and technical assistance in standardisation sector, at a ceremony held at Prime Minister House on the occasion of Saudi Crown Prince Mohammad Bin Salman’s visit
The country’s first-ever local iron-ore steel mill to be established in Chiniot tops the list of four potential projects selected by the government from across the country for investment by #SaudiArabia, it emerged on Sunday.
It may be recalled that Pakistan has signed a Memorandum of Understanding (MoU) for economic cooperation in mineral resources.
The MoU was part of the several $20 billion agreements and MoUs signed on Feb 17, 2019 for different sectors, including power production, establishment of refinery, petrochemical plant, promotion of sports and technical assistance in standardisation sector, at a ceremony held at Prime Minister House on the occasion of Saudi Crown Prince Mohammad Bin Salman’s visit
