ISLAMABAD – Renowned Dutch oil company, Royal Vopak has decided to invest$2.8 billion in Pakistan due to improved investment and conducive businessenvironment being ensured provided by the federal government of Pakistan.
A delegation of Royal Vopak called on Adviser to the Prime Minister onCommerce, Textile, Industries and Production, and Investment, Abdul RazakDawood to discuss the new opportunities for investment related to terminaland storage facilities of Liquefied Natural Gas (LNG) in Pakistan.
Royal Vopak N.V. is a Dutch company that stores and handles various oil,chemicals, edible oils and natural gas-related products all over the world,said a press release issued by ministry of commerce on Tuesday.
The adviser to the PM urged the delegation to invest in Pakistan owing toits improved global ranking in Ease of Doing Business Index by 11 points.
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In this regard, Pakistan has launched a program titled RegulatoryGuillotine to ease the business regulations to facilities investors.
