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An MoU has been inked between Wah Nobel Group of Companies and Gezhouba Explosives Co Ltd, China to set-up an Explosives Factory through a joint venture for mining, energy engineering, infrastructure construction and urban control blasting.
Kawaja Muhammad Asif, Federal Minister for Defence and Water and Power was the Chief Guest of the Ceremony. Rana Tanvir Hussain, Federal Minister for Defence Production and Federal Secretary for Ministry of Defence Production were also present on this occasion.
Through the joint venture future requirements of commercial explosives required for the mega infrastructure project being initiated by present government will be met. The company will introduce the new technology for production of latest commercial explosives and mobile manufacturing unit technology for bulk emulsion explosives in hydropower engineering.
Wah Nobel (Pvt) Ltd with over 50 years of experience in commercial explosives and blasting accessories manufacturing is a joint venture of Wah Industries Ltd, SAAB AB of Sweden and Al-Misehal of Saudi Arabia. Gezhouba Explosives Co Ltd, China is a leading large scale corporation in commercial explosives industry of China. It has an experience of over 40 years and is fully qualified in production and sale of commercial explosives materials and contracting services for blasting and demolition in China.-PR

Copyright Business Recorder, 2014

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