ISLAMABAD – A US$ 4 billion oil refinery is being build by UAE in Pakistan.
As per the media report US$ 4 billion is being invested by the United ArabEmirates to build coastal refinery near Hub power plant.
UAE investment company Mubadala has started its work with Pakistan’s energycompany Pak-Arab Refinery Limited (Parco). He was addressing the businesscommunity of Pakistan at a gathering organised by Pakistan Business CouncilDubai.
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Abdul Razak Dawood said that the government does not have sufficientresources to build ‘Pakistan Pavilion’ in Dubai Expo 2020 and asked thePakistani business community to contribute for the building of the pavilion.
