Company sees Pakistan as its 'core area' in worldwide portfolio...
Dutch multinational company, SHV International, said it plans to invest in Pakistan's gas sector during a meeting with Dr Abdul Hafeez Shaikh, Minister for Privatization and Investment.
The company delegation, led by Roeland Bann, assured the minister that his company will invest US$100 million in the gas sector. Dr Hafeez said that the continuity of the country's economic and investment-friendly policies had started attracting international players in all sectors.
"The company's presence in Pakistan and the role being played by SHV in the economic uplift of the country was ample proof of our sustained policies," he added.
The leader of the Dutch company informed the minister that US$100 million had been allocated for future investment in Pakistan as SHV recognized Pakistan as its core area within its worldwide portfolio.
He said that SHV was keen to invest in the gas sector to expand its present operation in Pakistan and contribute towards the economy of the country. SHV entered Pakistan in 1998 and is presently marketing their products Supergas and Pearlgas country-wide to its domestic and industrial consumers.
