Noble Group of Hong Kong has expressed interest in investment in ports and shipping sector of Pakistan. Noble Group Senior Vice-President H.S.Banga is currently leading a three-member delegation to Pakistan with other two members, ie Heneretta Lee and Harsch Channa. Banga told the Business Recorder on Friday that during their visit, they planned to call on concerned officials, both in the public and private sector, to learn more about the investment policies of the Pakistan government.
He said the group was keen to study the energy policy with special emphasis on the coal-powered energy sector, including coal and coke business, clean oil unit, especially chemical unit and noble environmental solutions.
The coal and coke unit provides steam coke to the power generation industry, coking coal to the steel production industry and coke to a variety of industrial customers. Both the sourcing and distribution activities of this business span the world over.
Noble secured access to coal reserves and significant coal marketing rights via investment at Austral and Donaldson and in Russia, the unit expanded its sourcing activities with expanded activities in Indonesia owning mines.
THE FOLLOWING ARE ITS ACTIVITIES:
-- Sourcing raw materials for industry from every corner of the world.
-- Linking procedures to consumers globally.
-- Arranging structured trade and commodity finance globally.
-- Supplying producers and processors with energy resources across the globe.
-- Delivering cargoes cost effectively and safely world-wide.
-- Connecting buyers and sellers worldwide 24 hours a day.
Listed on the Singapore stock exchange, Noble Group is headquartered in Hong Kong and comprises several well-established, vertically integrated businesses, each highly competitive in its respective field.
The group has extended its range a value-added service by the application of new technology and advance communications within all its business line. The group has got diversified business interests in five continents with over 360 professionals in 36 offices. One of the most important areas of the business is in energy sector.