Dutch envoy, Engro delegation discuss investment climate, regional energy supply risks
ISLAMABAD:
Federal Minister for Finance and Revenue Muhammad Aurangzeb met Robert Jan Siegert, Ambassador of the Kingdom of the Netherlands to Pakistan, along with a delegation from Engro Corporation and Engro Vopak Terminal Limited (EVTL), to discuss bilateral economic cooperation and the operations of the Engro-Vopak terminal at Port Qasim.
The delegation included Ahsan Zafar Syed, President of Engro Corporation; Ammar Shah, CEO of EVTL; and Yasir Ali, Vice President and Chief Government Relations Officer at Engro Corporation.
According to a statement issued by the Ministry of Finance on Wednesday, the Engro team briefed the finance minister on the operations of Engro Vopak Terminal Limited, a joint venture between Royal Vopak of the Netherlands and Engro Corporation. The delegation noted that the terminal has been operating at Port Qasim since 1996 and plays a role in Pakistan’s industrial and energy supply chains.
They said the terminal handles key chemical imports used by downstream industries and manages a significant share of marine liquefied petroleum gas (LPG), which supports household energy needs in the country.
During the meeting, the delegation also shared perspectives regarding the future operating arrangements of the terminal and emphasised the importance of maintaining continuity in specialised infrastructure that supports industrial production and supply-chain stability.
They highlighted the longstanding collaboration between Royal Vopak and Engro Corporation and discussed the broader contribution of such investments to Pakistan’s economic landscape.
Welcoming the delegation, Aurangzeb underscored the importance Pakistan attaches to strengthening economic cooperation with the Netherlands. He said long-standing partnerships with international investors contribute to Pakistan’s economic development, facilitate trade and investment and reinforce confidence within the global business community.
