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WASHINGTON: Finance Minister Senator Muhammad Aurangzeb on Monday met a delegation from Honeywell Technologies and discussed a proposed plan to modernise and expand Pakistan’s refinery sector.
According to the finance ministry, Aurangzeb met with a delegation from the company comprising Vice President General Manager Barry Glickman.
“During the meeting, the finance minister welcomed Honeywell’s proposed modernisation and expansion of Pakistan’s refinery sector, noting its potential to enhance the country’s domestic refining capacity and reduce reliance on imported petroleum products,” it said.
“The meeting included discussions on Honeywell’s technology and equipment solutions, as well as potential financing through the US Exim Bank, the US International Development Finance Corporation (DFC), export credit agencies, and leading international banks,” it said.
