Dutch Company shows interest to invest $1.3bln in Karachi Desalination, Garbage Processing Plants

News Image

MG News | November 27, 2020 at 10:08 AM GMT+05:00

0:00

November 27, 2020: A Dutch company has expressed willingness for the establishment of plants for desalination of water and power generation from the garbage in Karachi with the investment of 1.3 billion dollars.

The proposal of AWTEC Netherland was presented at a meeting presided over by Prime Minister Imran Khan in Islamabad.

The Dutch company also expressed deep interest in investment in the Ravi City Project and the establishment of a renewable energy plant in Lahore.

The meeting reviewed progress on projects of Pakistan Islands Development Authority and Ravi River Urban Development Authority.

Speaking on this occasion, the Prime Minister said Pakistan is facing continuous problems due to the unavailability of appropriate arrangements for garbage processing.

He said Pakistan’s water resources particularly its coastal-line was badly affected due to these problems.                                    

The Prime Minister said such projects would help provide residential facilities of international standard in cities.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,945.00 119,275.00
117,905.00
1325.00
1.13%
BRENT CRUDE 72.33 72.82
72.29
-0.91
-1.24%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.94 70.41
69.92
-0.06
-0.09%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg