PAKISTAN AWAITS CZECH INVESTMENT FOR MAJOR PRIVATE STEELWORKS
November 1st, 2012
BY MICHAEL STEIN, IN PRAGUE; AND RAHIMULLAH YUSUFZAI, IN PESHAWAR
Senior government officials in the Pakistan province of Sindh have told Steel First they are keenly awaiting the promised launch of a Czecho-Pakistani project to build a CZK6.1 billion (USD320 million) private steelworks facility in Pakistan.
Czech company Vítkovice Heavy Machinery has announced it plans to build a plant making 1.2 million tonnes of steel billets annually, after signing a cooperation agreement with Pakistani investor Santex Pakistan Limited (SPL).
A spokesman for Czech ...
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