Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, has unveiled an ambitious plan to revive the dormant Pakistan Steel Mills (PSM) through advanced technology and a new maritime-industrial partnership with the Ministry of Industries and Production. During a high-level meeting with Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, […]
Steel Mills
Pakistan, Russia agree to establish new steel mills in Karachi
Pakistan and Russia have agreed to form a joint working group to facilitate the setting up of a new steel mill in Karachi. This understanding was reached at a meeting between Special Assistant to the Prime Minister Haroon Akhtar Khan and Russian Representative Denis Nazaroof in Islamabad. During the meeting, Haroon Akhtar Khan underscored the […]
Taxing, not banning, companies can make them adopt eco-friendly practices
Cement factories, in Katas Raj case, and steel mills in Islamabad are under heightened scrutiny and the proceedings of these cases have unleashed some important findings. The first one is that violating environmental laws pays off even when a company anticipates all the legal consequences of its behavior as these companies made profits worth billions […]
PPP leaders oppose PIA, PSM privatisation
KARACHI: Pakistan Peoples Party (PPP) General Secretary Nayyar Hussain Bukhari and party Information Secretary Nafeesa Shah on Sunday opposed privatisation of Pakistan International Airlines (PIA). Speaking to a press conference, Nayar Hussain said that PPP rejects the federal government’s decision to privatise PIA. He added that there are certain ‘hidden motives’ behind the one-sided and […]