Times of Islamabad

Russian and Chinese companies make a big offer to Pakistan

Russian and Chinese companies make a big offer to Pakistan

ISLAMABAD – Russian and Chinese companies have made a big offer to Pakistanas both the countries mega companies are interested in taking over thePakistan Steel Mills.

The privatisation deal of Pakistan Steel Mills may fetch billions of Rupeesto Pakistan.

Prime Minister Imran Khan on Tuesday was informed that Chinese and Russiancompanies were taking a keen interest in the restoration of Pakistan SteelMills.

The PM was presiding over a high-level meeting on investment in theindustrial sector.

Speaking on the occasion, PM Imran said that the government would provideall possible facilities to investors so as to ensure ‘ease of doingbusiness’ in the country.

The PM directed the concerned officials to provide basic utilities likeelectricity, gas and road access to the special economic zones on apriority basis. “There should be no hurdle or problem for investors inthese economic zones.”

PM Imran further directed the authorities to follow the investment modelsof the regional counties.