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 136,502.54
259.91M
1.64%
2202.77
ALLSHR 85,079.90
838.35M
1.26%
1061.74
KSE30 41,552.62
97.27M
1.81%
738.33
KMI30 193,330.76
84.69M
0.39%
741.60
KMIALLSHR 56,315.31
366.02M
0.43%
243.06
BKTi 38,498.08
37.91M
4.13%
1526.33
OGTi 28,138.38
5.66M
-0.36%
-101.89
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,690.00 120,695.00
117,575.00
-2545.00
-2.12%
BRENT CRUDE 68.86 69.17
68.85
-0.35
-0.51%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.58 66.99
66.55
-0.40
-0.60%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 15, 2025 at 06:16 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 14, 2025 at 05:26 PM GMT+05:00

Gold price in Pakistan rises Rs1,600 per tola


July 14, 2025 at 04:59 PM GMT+05:00

Tax reforms focus on public ease, transparency


July 14, 2025 at 04:23 PM GMT+05:00

PSX Closing Bell: Another One Bites the High



Top 5 things to watch in this week

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