Sunday , September 23 2018
Home / Insight / Shell increases investments in the CPEC projects

Shell increases investments in the CPEC projects

According to recent news, as the China Pakistan Economic Corridor is gearing up for success it has offered huge investments opportunities for the multidimensional projects in the areas of energy, infrastructure and multiple transit arrangements.

Due to the increased demand of the automation industry, Shell Pakistan which is a big giant in the oil gas industry has stepped in to play its part in CPEC as well. Shell has recently decided to increase their investments of USD16 million on their retail outlets. Reason being, Shell wants to increase their strong presence along the CPEC routes and wants to facilitate the transportation of goods which will flow from north to the south lands.

Shell has decided to pour this heavy investment to instill their strong presence on CPEC routes and wants the international exposure. Shell has also shared 26% share in a white oil pipeline project coming under CPEC in coming future.

About Admin

Check Also

China will work with the new government to ensure smooth implementation of the CPEC: Chinese Foreign Ministry

Recently due to the elections in Pakistan and the expected change in government, experts have …

Leave a Reply

Your email address will not be published. Required fields are marked *