QUETTA: Pakistan and Iran are jointly collaborating in the setting up of a 4.5 crore dollar aluminum factory in Iran.

According to an Iranian broadcast, Pakistan’s investment in the project will be five per cent of the capital outlay, while Iran will contribute about 70 per cent. An American firm, the broadcast said, has also agreed to share the project with an investment of 25 per cent of the total cost.

The Iranian Ministry of Economic Affairs was quoted in the broadcast as saying that Pakistan has agreed to consume 20,000 tons of aluminum production out of the total annual output of 45,000 tons. Iran will use 15,000 tons of aluminum production within the country.

The Iranian Minister said in its statement that the Government of Iran has signed an agreement with a German firm for the purchase of machinery for the factory. — Correspondent

[Meanwhile, according to an agency in Beirut,] A 40-year-old Lebanese housewife has named her eleventh child Apollo-11. Mrs. Rifka Salim, a mother of seven girls and three other boys, appeared on television last night [July 18] with her newly born baby boy. She said: “Who knows, may be one of those who will land on the moon one day.”

Published in Dawn, July 20th, 2019

Opinion

Editorial

Punishing evaders
02 May, 2024

Punishing evaders

THE FBR’s decision to block mobile phone connections of more than half a million individuals who did not file...
Engaging Riyadh
Updated 02 May, 2024

Engaging Riyadh

It must be stressed that to pull in maximum foreign investment, a climate of domestic political stability is crucial.
Freedom to question
02 May, 2024

Freedom to question

WITH frequently suspended freedoms, increasing violence and few to speak out for the oppressed, it is unlikely that...
Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.