Pakistani state media reported on Wednesday, that the Ambassador of the Russian Federation to the Islamic Republic of Pakistan, Albert P. Khorev has announced cooperation with Islamabad this year in the energy and industrial sectors, including the modernization of a state-owned steel mil. Pakistan Steel Mills (PSM) were assed by a team of technical experts […]
In a major setback to foreign investment in Pakistan, Century Steel Group, a leading Chinese conglomerate, has issued a warning about shutting down its operations and withdrawing its investment. Century Steel Group CEO Li Chunjian has announced plans to cease operations and withdraw investment from Pakistan, showing unresolved challenges with government entities overseeing foreign direct […]
