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 Pakistan as both the countries mega companies are interested in taking over the Pakistan Steel Mills.

The privatisation deal of Pakistan Steel Mills may fetch billions of Rupees to Pakistan.

Prime Minister Imran Khan on Tuesday was informed that Chinese and Russian companies were taking a keen interest in the restoration of Pakistan Steel Mills.

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

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

The PM directed the concerned officials to provide basic utilities like electricity, gas and road access to the special economic zones on a priority basis. “There should be no hurdle or problem for investors in these economic zones.”

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