Pakistan aur Russia ne Pakistan Steel Mills ke revival ke liye protocol sign kar liya, China race se out.

Summary:

Pakistan aur Russia ne Karachi ki Pakistan Steel Mills (PSM) ke revival and expansion ke liye aik protocol sign kiya hai. China, jo pehle strong contender tha, ab race se bahar ho gaya hai. Yeh revival Russia ki Industrial Engineering firm karegi.

Pakistan and Russia ka join venture

Pakistan and Russia sign revival protocol for PSM, China exits the race

Karachi ki mashhoor Pakistan Steel Mills (PSM) ke liye aik naya dor shuru ho gaya hai. Russia aur Pakistan ne aik protocol sign kiya hai jis ka maqsad hai is giant industrial unit ko dobara functional banana aur uski steel production capacity ko expand karna.

Revival ke liye Russia se naya ta’awun

Russia’s Industrial Engineering to lead PSM restart

Moscow mein Pakistan ke embassy mein yeh protocol sign hua, jahan Industries Secretary Saif Anjum aur Russia ki Industrial Engineering LLC ke General Director Vadim Velichko ne documents par dastakhat kiye. Special Assistant to PM Haroon Akhtar Khan aur Ambassador Muhammad Khalid Jamali ne ceremony ko witness kiya.

Haroon Akhtar Khan ne kaha, “Reviving PSM with Russia’s support reflects our shared history.” Yad rahe ke 1971 mein Soviet Union ne hi PSM ko banane mein madad di thi.

China out, Russia in – Steel race ka naya mor

China loses bid as Russia claims historical ownership

Jab PTI hukoomat ne PSM ko revive karne ka plan launch kiya tha, toh China aur Russia dono contenders they. Initially China ke sath baat cheet hui, lekin deal finalize na ho saki. Russia ne claim kiya ke project unki technology se bana hai, isliye woh best candidate hain usay revive karne ke liye.

PSM ki girti hui financial story

From profit to Rs200 billion loss — the downfall of PSM

Pervez Musharraf ke dor tak PSM ne Rs9.54 billion ka munafa kamaaya tha. Lekin 2008 ke baad se yeh unit losses mein chala gaya. PPP aur PML-N ke dor mein PSM ne Rs200 billion tak ka nuqsan record kiya. 2008 mein loss tha Rs16.9 billion, jo paanch saalon mein Rs118.7 billion tak pohanch gaya.

Losses ke peeche wajah thi:

  • Thousands of unnecessary appointments
  • Global recession
  • Steel import from China
  • Gas outages
  • Mismanagement

ECC aur bailout efforts ka asar

ECC decisions and failed bailouts

PML-N hukoomat ne Rs18.5 billion ka bailout approve kiya tha, aur target diya gaya tha ke January 2015 tak PSM ki capacity 77% tak pohanch jaye — jo break-even point tha. Lekin target achieve nahi hua. PSM ki financial collapse ka aik bara reason tha China ke sath Free Trade Agreement (FTA) jo 2007 se active hai.

Naya dor, nayi ummedain

A hopeful chapter in Pakistan-Russia ties

PSM ka dobara chalu hona sirf industrial development nahi balkay Pak-Russia relations ke liye bhi aik naye dor ka aghaaz hai. Agar yeh project successful hota hai toh na sirf steel industry revive hogi balkay local employment aur trade bhi barhega.