ISLAMABAD: Finance Minister Ishaq Dar has directed the chief executive of Saudi-Pak Industrial and Agricultural Investment Co Ltd to devise a pragmatic roadmap for its future investment ventures.
The minister on Saturday chaired a review session and was briefed by the Chief Executive, Kamaluddin, on current economic profile of the company.
Giving an overview of the company’s investment, Mr Kamaluddin said that the company’s profit before tax of Rs1,402m in 2014 was the highest ever operating profit achieved by the company.
The company had undertaken project financing to the tune of Rs46 billion in the fields of textiles, chemical, energy, cement, telecom, construction and other important sectors, he said.
The minister said that the company should chalk out a comprehensive plan for investment in various sectors.
Published in Dawn, March 15th, 2015
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