The revival of Jamshoro Joint Venture Limited (JJVL), facilitated by Special Investment Facilitation Council (SIFC), has marked a major milestone in Pakistan’s energy sector.
The restoration of JJVL is among SIFC’s notable achievements over the past three years, bringing a key national asset back into operation.
Due to the plant’s closure, the country was deprived of 317,000 tons of locally produced LPG, resulting in losses amounting to ninety four billion rupees.
According to the Chairman of Associated Group Iqbal Zafaruddin Ahmed, it would not have been possible to restore this project of national importance without SIFC’s support and guidance. He said the project will help save the country about two hundred million dollars in foreign exchange annually.
