UAE to invest $15 million in Faisalabad SEZ: Razak Dawood
ISLAMABAD: ‘Brother Gas’ – a United Arab Emirates (UAE) energy group has announced an investment worth $15 million in the Faisalabad Special Economic Zones (SEZ), informed Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood via Twitter.
The investment plan will be divided into three phases. Under the first phase, an Aerosol Propellant Gas (APG) plant will be installed.
The adviser said that the local manufacturing will help reduce Pakistan’s reliance on imported APG. The plant will also enable the manufacturing of refrigerant gasses and ADNOC lubes for the first time, he added.
For news and blogs, visit Graana.com.