Thursday, December 25, 2003

Russians invited to explore engineering sector

Russians invited to explore engineering sector

Initially Published in The Daily Times

KARACHI: Liaquat Ali Jatoi, the minister for industries and production, has invited the Russian private sector to explore possibilities for revamping, modification of Pakistan’s heavy mechanical sector under joint ventures. He was talking to a Russian delegation of heavy mechanical industries led by Sergei V Vasiljev here Wednesday. Chairman Pakistan Steel Mills Col (Retd) Muhammad Afzal Khan, and chairman of the Pakistan Industrial Development Corporation (PIDC) Syed Zahid Husain were also present on the occasion. The minister also invited the delegation to undertake study in this regard and visit heavy mechanical complex at Taxila, Pakistan Machine Tool Factory Karachi and Spinning Machine Company, Lahore. Mr Jatoi also invited Russian automobile manufacturers to start assembling of Russian-made cars in Pakistan as the country needs cheaper cars. —APP

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