Saima Group has struck an agreement with Agha Steel Industries Limited, a prominent steel manufacturing business, to deliver Green Electric Arc Furnace Technology steel rebars solely to its first-of-its-kind Eco-Friendly Green Housing Structure Project, “Saima Premium Residency.”
Saima Group is a name synonymous with quality and confidence in Pakistan’s real estate planning and development industry, having completed numerous large projects for both residential and commercial clients.
“We are very excited to launch Saima Premium Residency as Pakistan’s first Eco-Friendly Green Housing Structure project that will be built exclusively with the finest and most technologically advanced rebars supplied by Agha Steel,” stated Mr Zeeshan Zaki, Chairman of Saima Group. In order to achieve our long-term goal of becoming an environmentally responsible business, we want to work with companies that share our values to provide long-term growth for our future residents.”
“We couldn’t have found a better partner for providing Steel for this visionary project than Agha Steel,” he continued, “because they are the only company in Pakistan that provides 100% refined quality steel using green steel technologies.”
“We are delighted to be entering into this agreement with Saima Group for providing steel to Pakistan’s First Eco-Friendly Green Structure Project,” said Mr Hussain Agha, CEO of Agha Steel, at the signing event. This is a fantastic move by Saima Group, as industry leaders must play a critical part in ensuring a more sustainable and environmentally friendly future for future generations. This agreement demonstrates our shared goals and ideals for a greener Pakistan.”
By establishing a 2.25-Megawatt solar power project and signing a term sheet with Engro Energy for Renewable Energy, Agha Steel Industries ushered in a Green Steel Revolution by ensuring the sustainability of its energy mix. “Our state-of-the-art plant uses scrap-based Electric Arc Furnace (EAF) technology,” Agha added. We lessen our reliance on natural resources by employing recycled scrap as our raw material. The Green Arc Furnace Technology is environmentally beneficial since its CO2 Scope 1 greenhouse gas emissions and energy consumption intensities are roughly 7 times lower than the global steelmaking average.”
