GWADAR: The government’s revenue department in Quetta has initiated the process to demark land for the establishment of Saudi Aramco oil refinery worth $10 billion, informed Gwadar Development Authority (GDA) Director-General Shahzeb Khan Kakar.
The land allocation process for the project signed between the two countries is expected to be completed within a couple of months.
The mega refinery project will have a capacity of between 250,000 barrels per day (bpd) to 300,000 bpd.
While visiting Prime Minister Imran Khan last year, Saudi Crown Prince Muhammad bin Salman had signed seven investment agreements of worth $20 billion in the energy and petroleum sector.
The signed deals included a grant of $2 billion which was planned to be invested in Pakistan’s renewable energy sector by ACWA Power- a Saudi power producing company, $4 billion for Regasified Liquefied Natural Gas plants, a $1 billion Saudi Fund for Pakistan, $1 billion to be invested in petrochemical, food and agricultural projects each, and $2 billion investment for the minerals sector.
For news and blogs, visit Graana.com.
Dubai’s property market has recorded an exceptional first half of 2025, with residential real estate…
LONDON: British Pakistani entrepreneur Shafiq Akbar was honoured at the UK Parliament in recognition of…
Peshawar: In a landmark move, the Khyber Pakhtunkhwa (KP) government is set to launch its…
Islamabad, July 2025 — In a continued effort to enrich the experiences of its community,…
Lahore: The Lahore Development Authority (LDA) has achieved a record-breaking 44% increase in revenue during…
The Age of Real Estate Guesswork Pakistan's real estate market has relied on word-of-mouth, whispers,…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
