Pakistan Railways strengthens its strategic partnership with PSO
Pakistan State Oil (PSO), the country’s leading energy company, strengthens its strategic partnership with Pakistan Railways by signing a Memorandum of Understanding (MoU) for the supply of POL products, transportation and other businesses.
The MoU was signed by Managing Director and CEO of PSO Syed Taha and CEO and Senior General Manager of Pakistan Railways Nisar Ahmed Memon at PSO’s head office in Karachi. Federal Minister for Pakistan Railways Azam Khan Swati also attended the ceremony.
“This strategic alliance between the two national flag bearers will enable the growth of our country’s economy and also contribute to the national exchequer,” the minister said.
Organizations like PSO and Pakistan Railways are playing an instrumental role in helping our nation’s economy reach its full potential, he noted.
Syed Taha said “PSO and Pakistan Railways have a long and cordial business relationship spanning over three decades. We continue to stand strong with Pakistan Railways as its robust, innovative and technologically driven transformational plan comes to fruition.”
“This partnership will bring synergy to our shared national agenda and accelerate the economic progress of Pakistan. We are keen to work together and explore upcoming business opportunities,” he added.
Nisar Ahmed Memon said, “We cherish our long term relationship with PSO and the signing of this MoU has further cemented our partnership.
The long term collaboration between the two national entities is expected to go a long way in improving railway infrastructure and operations in Pakistan and meeting the needs of customers nationwide.