Investment in Pakistan Industry

As Pakistan’s macroeconomic performance continues to improve, Pakistan industry has gone through steady expansion in its capital investment base and production capacity in the last five years. Given Pakistan’s comparatively small industrial base, the investments across many industrial sectors is significant. There are several industrial sectors which we believe offer particulary attractive investment opportunities. Pakistan’s companies are becoming increasingly global in outlook. Through exploiting Pakistan’s comparative cost advantages in certain sectors, these businesses are able to drive significant and sustainable growth.

In some areas of the economy, Pakistan has a high standard of infrastructure for an emerging market economy. However, there are a number of infrastructure bottlenecks which provide exciting development opportunities as Pakistan’s economic performance continues to accelerate.

For further information on JS Group’s activities in Pakistan’s industrial sectors and infrastructure projects, please submit an enquiry through the Contact Us page.

JS Group investments in Pakistan’s industrial sector include:

Al Abbas Industries – steel, chemicals and fibre board

This business was established in 2002 to develop three buildings materials projects. The company’s fibre board plant is Pakistan’s largest producer of Medium Density Fibre (“MDF”) boards. The company’s ferro-alloy plant produces about half of the ferro-alloy requirements of Pakistan’s steel industry. The company also has a calcium carbide plant.

Al Abbas Sugar Mills – sugar and ethanol

In 1991, JS invested in this leading sugar and ethanol producer. Al Abbas Sugar Mills has a rated cane crushing capacity of 5,000 tonnes per day and operates two distillery units for superfine ethanol production.

Azgard 9 – composite denim

Azgard 9 is a prominent player in the textile industry of Pakistan. It is a fully-integrated, specialised denim textile mill. It manufactures specialised yarns, denim fabrics and denim garments. These textile products are marketed through a global sales and distribution network including offices in five countries. JS has been the second largest shareholder in Azgard 9 for more than two decades.

Dadex Eternit – construction materials industry (piping & jointing solutions)

Dadex Eternit is Pakistan’s leading manufacturer of building products ranging from plastic to fibre cement pipes and jointing systems. JS is the second largest shareholder in the company. Dadex is also active in drip irrigation systems, mechanised optical fibre trenching services and architectural design consulting and solutions for building glass exteriors.

Pakistan International Container Terminals (PICT) – port operations and container handling

PICT is the East Wharf container terminal at the Karachi Port. The company is sponsored by Premier Mercantile Services and JS Group is its second largest shareholder. IFC and the OPEC Development Fund are lenders to PICT. It is the only container terminal managed by a Pakistani operator and has a handling capacity of 500,000 TEU per annum.

Pak American Fertiliser Limited (PAFL) – fertilizer

JS Group led a USD 270 million buyout of PAFL in partnership with Azgard 9 from the Government of Pakistan as part of the privatization programme. PAFL has a production capacity of 600 metric tonnes per day of ammonia and 1050 tonnes per day of urea. The plant has been designed and engineered by Toyo Engineering Corporation of Japan. The plant is fully-compliant with all domestic and international environmental standards including ISO14000.