Pakistan Steel expansion plan to be finalised soon

[A.Rafay]

KARACHI: Officers of Pakistan Steel Mills (PS) have expressed the hope that Russia and Pakistan will finalise details of the mill’s expansion plan in upcoming visit of Russian President Vladimir Putin.
Speaking at a briefing on the expansion plan, Pervaiz Iqbal, Acting Principal Executive Officer (BMR&E), said the increase in production capacity would open new doors of prosperity for Pakistan, according to a press release issued on Monday. In this regard, he said, a memorandum of understanding (MoU) was likely to be signed between Pakistan and Russia during Putin’s trip next month.
The briefing coincided with the 362nd meeting of PS board of directors, which discussed the business plan, marketing strategy and expansion project.
PS Chief Executive Major General (Retd) Muhammad Javed, while briefing about the marketing and sales plan, said PS was trying to use available inventory of products and working in line with market demand.
The board also discussed the progress of business plan and stressed the need for its effective implementation to achieve targets.
It was decided that support plans in terms of logistics arrangement, production cycle and market forecast should be developed to ensure success of the business plan.
Pakistan Steel expansion plan to be finalised soon – The Express Tribune

 

[Nishan_101]

KARACHI: Officers of Pakistan Steel Mills (PS) have expressed the hope that Russia and Pakistan will finalise details of the mill’s expansion plan in upcoming visit of Russian President Vladimir Putin.
Speaking at a briefing on the expansion plan, Pervaiz Iqbal, Acting Principal Executive Officer (BMR&E), said the increase in production capacity would open new doors of prosperity for Pakistan, according to a press release issued on Monday. In this regard, he said, a memorandum of understanding (MoU) was likely to be signed between Pakistan and Russia during Putin’s trip next month.
The briefing coincided with the 362nd meeting of PS board of directors, which discussed the business plan, marketing strategy and expansion project.
PS Chief Executive Major General (Retd) Muhammad Javed, while briefing about the marketing and sales plan, said PS was trying to use available inventory of products and working in line with market demand.
The board also discussed the progress of business plan and stressed the need for its effective implementation to achieve targets.
It was decided that support plans in terms of logistics arrangement, production cycle and market forecast should be developed to ensure success of the business plan.
Pakistan Steel expansion plan to be finalised soon – The Express Tribune

It was a far better plan which has designed by previous ex-General of the steel mill who stand Against its selling. That a new mill will be established in 5-7 years time that will have the three times the capacity of the current one and will be much more safer and efficient than the current one and after its induction we will look towards upgrading the current one.

 

[KRAIT]

Suddenly govt. of both the countries making plans for issuing news on economic development as elections come near.

If they materializes, good for the citizens, but they should know, we won't re-elect them.

 

[A.Rafay]

^^ haha Atleast they are doing something become lalchy about next elections, Imran Khan is next PM!