$170 million to be invested in a refinery by UAE

Islamabad, December 13, 2013 (PPI-OT): His Excellency Sultan Al Ghurair Director Business Development Al Ghurair Investment, Dubai, UAE called on Finance Minister Senator Ishaq Dar at the Finance Ministry this afternoon.

During the meeting His Excellency Mr. Sultan Al Ghurair informed the Finance Minister that his group plans to invest an amount of $170 million for constructing a refinery in Pakistan which will have a capacity to refine 100,000 barrels per day.

The Finance Minister welcomed the initiative of the group and expressed the confidence that the project will be fast tracked and completed as early as possible so that it can benefit from a growing market in Pakistan.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +9251 925 2323 and +9251 925 2324
Fax: +9251 925 2325 and +9251 925 2326
Email: piopid@gmail.com

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