Chinese companies keen to invest in Pakistan Refinery Ltd’s upgrade, expansion

Chinese companies have expressed keen interest in expanding and upgrading Pakistan Refinery Ltd (PRL), which presents a significant opportunity. PRL expressed its excitement about the development in a notice to the Pakistan Stock Exchange on Wednesday. “In a significant step towards enhancing Pakistan’s refining capabilities, PRL senior management recently visited China to engage with engineering, procurement, and construction (EPC) contractors and financial institutions,” said the notification. These discussions were highly productive, laying the groundwork for the forthcoming phases of PRL’s refinery expansion and upgrade project (REUP). “There was keen interest from Chinese companies to collaborate with PRL on this mega opportunity,” said the notice.