Orascom to invest in cement industry in Pakistan

Orascom  to invest in cement industry in Pakistan
Published: 27 October 2004

A senior delegation of Orascom Telecom SAE of Egypt met with Prime Minister Shaukat Aziz in Islamabad recently and discussed opportunities in Pakistan’s fast-growing telecom sector. Mr. Naguib Sawiris, Chairman and CEO of Orascom Telecom SAE, also congratulated Mr. Shaukat Aziz on his appointment as Prime Minister of Pakistan and thanked him for his support extended to Orascom Telecom and Mobilink over the years.

The Orascom Group of Egypt, through Orascom Construction Industries (OCI), is also planning to invest in the cement and construction industry along with the expansion of infrastructure as part of its commitment to investment and development in Pakistan.

Mr. Naguib Sawiris Chairman Orascom Telecom after the meeting said, “Orascom Telecom is Pakistan’s long-term friend and associate, and we shall continue to invest in this investment-friendly country. Now that we have piloted Pakistan’s telecom transformation to its present world-class standards, we are investing in cement and construction so that Orascom can play its part in the overall construction and infrastructure development across Pakistan”.