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PAK-LIBYA DIRECTORS APPROVE FINANCING FOR SEVEN PROJECTS.

AsiaPulse News

| June 03, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

KARACHI, June 3 Asia Pulse - The Board of directors of Pak-Libya Holding Company (Pvt) Limited have approved financing of Rs395 million (US$6.59 million) for seven projects.

A company statement said that the 62nd Board meeting held in Karachi last week was chaired by Nagmeddin Hemali Mokhtar and attended by Khalid Sharwani (MD); Ramadan A.Haggiagi (Deputy MD) and Dr. Ashfaque Ahmed Khan (nominee director Government of Pakistan).

The company stated that Pak-Libya has sanctioned a total of Rs 616 million for 18 projects since January this year. The projects are in the textile, chemical, cement, fertilizer, ...

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