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Over USD5bn annual exports targeted: AsiaPak seeks govt help for aluminium smelter at PQ
ISLAMABAD: AsiaPak Investments Limited has sought the government’s support for a proposed export-oriented aluminium smelter in the Port Qasim industrial area, targeting annual exports of more than USD5 billion at full development, alongside a long-term power supply arrangement linked to a conditional waiver of USD90 million in late payment interest (LPI) owed by the Central Power Purchasing Agency-Guarantee (CPPA-G) to Port Qasim Electric Power Company (Private) Limited (PQEPCL). In a letter dated September 23, 2026, addressed to different ministries and SIFC, AsiaPak Chairman Shaheryar Chisht...
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