Industry News

Ahsan for giving land to China Century Steel Mills on discounted rate in Rashakai SEZ

Views : 332
Update time : 2024-12-26 16:19:59

ISLAMABAD  -  Federal Minister for Planning Ahsan Iqbal has instructed the government departments concerned to confirm land prices to the China Century Steel Mills in accordance with their demands, as he was informed that the company had sought land on discounted rate in Rashakai Special Economic Zone, and emphasising a China-like deal for the company, where land is often provided free of charge to industries.

The directive was issued by Ahsan Iqbal in a meeting on the issues hindering China Century Steel Mills’ operations in Rashakai SEZ. In line with the Prime Minister’s directives to remove all barriers impeding industrial development, Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal chaired a meeting Monday with officials of China Century Steel Mills (Pvt) Limited. The minister instructed the Board of Investment (BoI), the Power Division, and the Federal Board of Revenue (FBR) to address these issues promptly. Specifically, he directed the Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) to confirm land prices to the company at the earliest, in accordance with their demands.

Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar