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KARACHI: Engro Enfrashare has entered a Rs4 billion financing arrangement with Habib Bank Ltd (HBL) for the development of telecommunication tower sites for various mobile network operators, a press release issued on Thursday said.
The arrangement will support Engro’s vision to expand its footprint in the telecom infrastructure to power Pakistan’s progress in the digital era, said Engro Corp President & CEO Ghias Khan.
“Our partnership with Engro is a testament to the bank’s commitment towards the enablement of a robust and progressive telecom sector in Pakistan,” said HBL President & CEO Muhammad Aurangzeb.
Published in Dawn, March 11th, 2022
