Chinese Enterprises support growing Infrastructural development in Pakistan
The growing population demands strong infrastructural support and a severe shortage of housing in Pakistan shall require massive upgradation of Pakistani’s steel industry where collaboration between Chinese EPC firms and local industry is extremely crucial, said Dr. Hassan Daud Butt FF Steel as an advisor and Ex-CEO KP Board of Investment.
Dr. Hassan Daud Butt met General Manager Lv Xiufeng of China Energy International Group. Marketing Director of China Gezhouba group Peter Zhu to enhance further cooperation in different fields.
He said that China Gezhouba Group Corporation (CGGC) is the largest Chinese buyer of steel rebars in Pakistan. The under-construction projects include Dasu, Sukhi Kinari, Azad Pattan, Mahmond and Balakot Hydroprojects, K3 Nuclear Power, and numerous other smaller projects Chinese enterprise took local commodities including steel which helped local industries.
It was informed that the consulting firm supervising the construction process of Diamer Basha Dam was also invited to visit local FF steel factory and Dr. Hassan showed readiness for a huge supply of special-grade steel rebars for this project. Power China along with FWO is the main contractor for this mega project where almost 3-million-ton high-grade steel shall be consumed.
He said that upcoming Chinese projects as agreed during Prime Minster’s visit to China like ML-1 and KCR shall also require Grade 60 Steel conforming to ASTM 615 and 706 Standards. This big quantity can be arranged solely by local manufacturers. Mega SOEs from China specially CREC and CRCC have shown keen interest to participate in the construction of these upcoming projects and local firms have already started the preparations.
General Manager Lv Xiufeng of China Energy International Group welcomed seasoned Projects Management and Investment specialist Dr. Hassan Daud Butt in the relevant industry and appreciated the fact that FF Steel will be greatly benefitted from the new advisor for Investments, International Projects, and new initiatives.
He stated that there are only a few experts who understand the scale and the technical information of industries of both countries and can help to bring together large Chinese and Pakistani enterprises.
Dr. Hassan Butt brings with him years of enriched experience of working on projects and new initiatives, especially those involving Chinese State-owned and private enterprises. He has been the CEO Of KP BoIT / Special Economic Zone Authority and the Focal Person for the Ease of Doing Business (EoDB) initiative of the KP Government.
Mr. Zarak, CEO FF Steel said that FF Steel is venturing into new avenues and marketing techniques to reach new heights to meet the expectations of valuable customers and develop a strong standing in the industry so as to enhance the economy of the country. He expressed his confidence that Dr. Butt will help achieve the vision and give pertinent advice to the team of FF steel and be a strong contributing member for future endeavors.
“I believe in introducing state-of-the-art technologies and presenting new trends in the market through the high-performing team. Being the lead producer of Grade-60 steel bars and the exclusive producer of Grade-80 bars”, he added.
He further added that FF Steel is offering its quality assurance by providing high-quality steel rebars of Grade 60 that were in high demand by Chinese companies. The company assures its product quality by following strict international standards which will aid in preventing natural disasters such as earthquakes and devastating floods. A strong collaboration is going on between the Chinese and Pakistan’s steel industry to benefit the Chinese technical prowess, especially in the steel industry enabling it to manufacture high-quality steel bars that can withstand the shocks like earthquakes and deadly floods.
Zarak said that other Chinese companies that are very active in Pakistan’s construction industry also include Shanghai Electric in Thar Block 1, CGI-COP, CCECC, Gansu Construction, China State Grid Engineering, CCCC in Gwadar, and its subsidiaries CRBC & China Harbor also active in SEZ/KPT are enhancing local capacities by purchasing local products.
