Chinese Firms Extending Support for Revival of Steel Mills in Pak
Islamabad: According to published reports, three Chinese companies have expressed interest in the revival of Pakistan Steel Mills (PSM), Pakistan’s largest steel manufacturing complex.
Read: NDMA Asked to Increased Residential Plots in New Balakot City
Metallurgical Corporation of China, according to sources, is among the firms that have expressed interest (MCC).
According to reports, the companies are willing to travel to Pakistan to assist in the revitalization of PSM. As a state-owned iron and steel company, MCC aspires to become a role model for promoting economic cooperation between Pakistan and China through the improvement of social welfare and the local economy.
According to the Privatization Commission of Pakistan, the government expects to attract USD 1 million in foreign investment by the end of the year for the revival of PSM. Russian investors were also reportedly interested in the revival of PSM.
Read: Punjab Government Yet to Approve Ring Road Project PC-1
In addition, PSM is reportedly capable of producing three million tonnes of cold and hot-rolled steel annually. According to the plan, Steel Corp Limited will form a new subsidiary that will be offered to foreign investors.
For more updates, stay tuned to Al Sadat Marketing News!
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005