Dr Hilal Hassan Al Tuwairqi chairman of Al Tuwairqi Holding Company of Saudi Arabia called on the Prime Minister and offered that his company is ready to undertake heavy investment in Pakistan despite the perception of security situation in the country.

The PM appreciated the commitment and sentiments of Al Tuwairqi stemming from his love for Pakistan and the people of Pakistan. The PM mentioned his meeting in the recent past with King Abdullah Bin Abdul Aziz was like a meeting between two brothers.

Mr Gilani directed the Ministry of Industries and the Ministry of Production to facilitate the Tuwairqi Steel Mills Limited ensuring that no bureaucratic hurdle comes in its way. The government and the people of Pakistan will honor the commitments.

iAl Tuwairqi Holding Company is establishing Tuwairqi Steel Mills Limited at Port Qasim, Karachi having capacity of 1.28 million tonnes based on the latest technology and the total cost of the project is USD 260 million out of which USD 225 million has so far been invested. The mill is going into production soon.

(Sourced from www.dailytimes.com.pk)