US $ 130 million state-of-the-art steel making Tuwairqi Steel Mills at Port Qasim

Mashallah a good achievment!!!

Pakistan shifting its focus to heavy insudtry, engineering sector: Musharraf KARACHI, Mar. 30 (APP): President Pervez Musharraf said Thursday Pakistan will gradually shift its focus from agriculture and textile to heavy industry and engineering sector to achieve a quantum jump in the country’s exports. He was speaking at the ground breaking ceremony of US $ 130 million state-of-the-art steel making Tuwairqi Steel Mills (TSM) at Port Qasim. Heavy industry and engineering sector represents nearly 60 percent of world trade, while only six percent of world trade was in the textile sector. This was the reason Pakistan must go to heavy industry and engineering sector. Referring to the training programme of Al-Tuwairqi Group, he said that was the real transfer of technology and enhancing the quality of manpower. On its part, Pakistan has embarked upon a programme to enhance the quality of its human resource. We have planned to establish six engineering universities with the help of Sweden, France,Germany, Netherlands and Austria". We have also set up the Technical Education and Vocational Training Authority (TEVTA which will ensure quality training of technicians. Chairman Al-Tuwairqi Group, Dr Hilal Al-Tuwairqi in his address said his company selected Pakistan for the project on account of Pakistan’s investment friendly policies. He said the mill will go into production in 18 months. Vice Chairman of the Group Tariq Barlas said the steel mill will directly employ 3500 engineers and technicians.(

http://www.dawn.com/2006/03/30/welcome.htm

Re: US $ 130 million state-of-the-art steel making Tuwairqi Steel Mills at Port Qasim

Yeah, sounds interesting...

Re: US $ 130 million state-of-the-art steel making Tuwairqi Steel Mills at Port Qasim

is it anywhere near to the size or Pakistan Steal Mills?