ISLAMABAD, Jun 04 (APP):A delegation headed by Jimmy Mauldin (Acting Consul General, United States Consulate Karachi) visited the National Steel Complex Limited (NSCL) at Bin Qasim Karachi.
He was accompanied by Stephen Be
rlinguette (Director CSG, USAID), Sarah Parvez (Economic Growth Advisor, USAID), and Farrukh Mehboob Khan (Chief of Party, USAID Investment Promotion Activity) said a news release received here on Tuesday.
NSCL is
Pakistan’s first and largest completely integrated, environmentally friendly steel complex, located at Port Qasim on an area of 220 acres. It utilizes the world’s most advanced Direct Reduced Iron (DRI) technology, based on the most environment-friendly MIDREX Process in
the USA.
During his visit, Mauldin emphasized
the US government and business community’s interest in exploring
Pakistan as a potential economic hub.
He highlighted the significant growth opportunities in the
industrial sector, spurred by the desire of
the US Embassy to enhance trade relations between
the U.S. and
Pakistan. “Steel is vital for the economic development of any country,” Mauldin stated, “and NSCL will catalyze
industrial growth in
Pakistan.”
Mauldin took a brief round of the facility and appreciated the state-of-the-art technology installed at the DRI Plant. He concluded his visit by reiterating
the U.S. Government’s unwavering support for the revival of the
industrial sector of
Pakistan especially in the steel sector.
Earlier, Zaigham Adil Rizvi, CEO of NSCL, gave a detailed presentation about the project and shared statistics about the global steel
industry. He was of the view that currently
Pakistan is among the countries that rely mostly on imports when it comes to a range of semi-finished and finished steel products and engineering goods. “By producing high-quality steel within
Pakistan, we can manufacture such equipment locally by value addition with the help of downstream
industries,” he concluded.
