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Dutch oil company to invest $2.8 billion in Pakistan

News Desk

Aug 28

The famous Dutch oil company, Royal Vopak is going to invest $2.8 billion in Pakistan after improvement in investment regime under Pakistan Tehreeke Insaf (PTI) government, Associated Press of Pakistan (APP) has reported.

According to the details, a delegation of Royal Vopak called on Adviser to Prime Minister on Commerce, Textile, Industries and Production, and Investment, Razak Dawood and discussed new opportunities for investment related to Terminal and Storage Facilities of Liquefied Natural Gas ( LNG) in Pakistan.

Royal Vopak is a Dutch company that stores and handles various oil, chemicals, edible oils and natural gas-related products all over the world.

The Adviser to the PM urged the delegation to invest in Pakistan owing to its improved global ranking in Ease of Doing Business Index by 11 points.

In this regard, Pakistan has launched a program titled Regulatory Guillotine to ease the business regulations to facilities investors.

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