The BMRE scheme for the Pakistan Steel, which had commenced commercial operations at all its sections only during 1985-86, has a chequered history.
The PC-1 of the BMRE was initially prepared in 1993, which could not be implemented.
Timely completion of BMRE project and acquisition of technology will allow the PSM to effectively contribute towards meeting growing steel demand domestically.
The value of the BMRE project is estimated at around $1 billion (Dh3.
The Expression of Interest is being submitted by Beximco and Marasel in response to a notice by Bangladesh Petroleum Corporation/Eastern Refinery Limited (ERL) inviting national and international companies to finance the BMRE project of Eastern Refinery for augmenting its capacity.
The BMRE of ERL has become necessary to ensure desired energy security, produce eco-friendly fuels, complying with Euro-III specification and offset petroleum products deficit.
920 million), Export Processing Zones and Area Development Baluchistan including ROZs (Rs 4,000 million) and BMRE
of Heavy Mechanical Complex Taxila (Rs 23,428.
After a formal approval from the prime minister, the ministry will start negotiations with Chinese companies for project design, technology and execution of BMRE
project so that it could be included in Chinese five-year development plan.