China - Pakistan Economic Corridor - CPEC

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Motorway Under Construction....

Work In Progress of Ravi River Bridge at GRC M4 Motorway Project Near Abdul Hakim...

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$5 billion refinery to be set up at
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Pakistan in collaboration with UAE is going to establish a state-of-the-art refinery with an estimated investment of around $5 billion at Hub, Balochistan,

''Pak Arab Coastal Refinery'' would have an installed capacity to refine 250,000 barrels per day crude Oil. "The country''s biggest refinery is being set up by Parco with assistance of UAE," the DG Oil told media after a meeting of Pakistan''s oil industry representatives at Byco Petroleum Pakistan Limited refinery at Hub, Baluchistan.

The DG said that refineries established in the coastal belt of Baluchistan would enjoy a 20-year tax exemption on condition that they manage to refine over 100,000 barrels per day crude oil. The government has offered this special incentive primarily to encourage investment in the local refinery sector.

Without giving any timeframe for the work starting on the refinery, he said that practical work on the multi-billion dollar project would start soon.

Mansoor Shafique Qureshi, vice president of Operations Byco Petroleum Pakistan Limited on this occasion said that the company has commissioned a catalytic reformer at its larger oil refinery, ORC-2. The reformer has successfully commenced its operations. This will enable the Company to convert 24,000 barrels per day of Heavy Naphtha into Motor-Gasoline, as per rated capacity. At the combined current level of crude processing at both of Byco''s Oil Refining Complexes (ORC I & II), ie 75,000 barrels per day, the cumulative motor gasoline production has increased 5-fold from 300 tons to 1,500tons per day.

He said: "Byco has invested much time, effort and resources to the commissioning of the catalytic reformer, which will give us the additional strategic advantage of producing significantly more high quality motor gasoline.

He said Byco believes in continuous improvement of its capabilities and our customers will appreciate our commitment to bringing them the best quality products. "Byco has many additional upgrades and investments planned and these will be unveiled as they are rolled out. It already is Pakistan''s largest oil refining firm with a design production capacity of 155,000 barrels per day between its two oil refineries," he informed.

He further said, "Byco''s commitment to investing in innovation is also reflected in its Single Point Mooring which is the first of its kind in the country and still Pakistan''s only floating liquid port which is a national asset: Byco''s SPM has improved the efficiency of fuel delivery for the nation. Due to its strategic position of being in the deep sea, the SPM allows much larger vessels to offload crude oil and refined petroleum products directly without any of the delays and associated demurrage charges."

Additionally the SPM can also be used to export both crude oil and refined petroleum products. This affords great economies of scale to Pakistan''s economy, by avoiding the significant bottle necks at the country''s other conventional ports, he said.

"Byco refines crude oil into various marketable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil. Byco has the largest capacity crude oil storage tanks in the country. The officials said Byco''s marketing network supports retail outlets in more than 80 cities all over Pakistan and is an emerging player in Pakistan''s oil marketing sector. Byco''s diverse and highly skilled workforce consists of approximately 900 dedicated employees across the firm''s divisions,"

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auto manufacturer planning to launch premier SUVs in
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LAHORE – The fourth largest South Korean auto manufacturer SsangYong Motor Company (SYMC) plans to launch premier sports utility vehicles (SUVs) next year in Pakistan.

The company’s management visited Pakistan to deliberate and finalize plans with Daehan Dewan Motors Company (DDMC) and they also visited Dewan Farooque Motors Limited (DFML) auto assembly plant located at Sujawal Sindh.

The keen interest from SYMC in Pakistan shows that the Automotive Development Policy (ADP 2016-21) has been successful in attracting healthy investment from some of the leading international automobile manufacturers.

Moreover, having DDMC (DFML) as a business partner who has recently been awarded brownfield status from the government will enable SYMC to establish its foothold in Pakistan.

SYMC is the fourth largest South Korean automobile manufacturer. Since its inception in 1954, SYMC has developed itself as a premier manufacturer in Korea’s automotive industry and is well respected for its advanced styling and outstanding performance.

Ssangyong’s Tivoli
Moving into the passenger segment, in the start, DDMC plans to introduce the Tivoli and XLV SUVs that will be assembled at its
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DDMC has recently launched the Daehan SHEHZORE pickup which is extremely popular in Pakistan in the light commercial pick-up category. The launching of SHEHZORE also ensured the resumption of vehicle production at DFML automobile assembly plant. Both DDMC and DFML are part of Yousuf Dewan Companies.

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List of Power Projects Completed or near completion....

Please note either the first units of some power plants are inaugurated while many are fully completed.

1180 MW Bhikki Power Plant
1230 MW Balloki Power Plant
1223 Haveli Bahadur Shah Power Plant
680 MW Chashma Nuclear power Plant
425 MW Nandipur Power Plant
1320 MW Sahiwal Coal Power Plant
1320 MW Port Qasim Coal Power Plant
118 MW Fauji Foundation Coal Power Plant
300 MW Quaid e Azam solar power plant
1410 MW Tarbela 4th Extension project 470 MW Inaugurated
150 MW Patrind Hydropower Project
106 MW Golen Gol Hydropower Project
969 MW Neelum Jehlum Hydropower Project near completion
103 MW Duber Khwer Project operational since 2013
14.5 MW Nalter 5 Hydropower Project Nalter GilgitBaltistan
750 MW of different Wind power plants in Sindh including plants like Sapphire, Yunus, Metro, Foundation, Three Gorges, Jhimpir etc.

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In view of growing housing demand in the twin cities, FDHL intends to build a quality housing projection M2 Motorway near New Islamabad International Airport falling on the eastern route of
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Capital
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Islamabad aims to become first ever smart city in Pakistan and a model for sustainable development.

 
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