Karachi, November 08, 2023: Hamdard Pakistan has teamed up with Agha Steel Industries Limited to embark on a groundbreaking venture aimed at revolutionizing the construction landscape in Pakistan.
This ambitious project seeks to promote sustainability and eco-friendliness by integrating 100 percent refined steel, produced through world-accredited technology Electric Arc Furnace, into the design and construction of eco-friendly green housing structures within Karachi.
In the midst of the picturesque locale of Shahra-e-Fasial loaded with taller structures of offices and buildings in Karachi, Hamdard Pakistan is set to house the magnificent Corporate office for 400 employees and a University Block, poised to become the safest office and university complex building in the city.
This architectural masterpiece structure seamlessly blends modernity with the splendor of beautification. Spanning over around 250,000 sq ft, the structure boasts an impressive 22 levels, each with its own unique view. As the pinnacle of luxurious Corporate Office and University Block, Hamdard Pakistan is all set to redefine the architectural landscape of Karachi.
With a minimum yield strength of 72,500 pounds per square inch, Agha Arcon Green Grade G500 Rebars surpass conventional reinforcement bars by an impressive strength. The use of Green G500 brings about 15% reduction in consumption and note worthy 10% cost savings as compared to Grade 60 rebars.
Between the two prominent organizations, Hamdard Pakistan and Agha Steel Industries have outlined their shared commitment to fostering environmentally responsible construction practices. This agreement reflects their dedication to advancing the cause of sustainable architecture in Pakistan, ultimately contributing to a greener and healthier future for the country.
Under the terms of this exclusive agreement, Agha Steel Industries will supply at Hamdard’s corporate office and University Block 100% refined steel rebars produced using Green Electric Arc Furnace steelmaking technology, demonstrating the partners’ unwavering commitment to quality and sustainability.
Commenting on this historic collaboration, Mr. Farrukh Imdad, Director General of Hamdard Pakistan, stated, “Our partnership with Agha Steel Industries represents a significant milestone in our efforts to create First ever green sustainable, eco-friendly Corporate office and University Complex.
He further added “We couldn’t have found a better partner than Agha Steel for providing Steel for this visionary project as they are the only company in Pakistan that provides 100% refined quality steel by using green steel technologies.”
At the signing ceremony Mr.Hussain Agha, CEO Agha Steel, also expressed his view and noted “We are delighted to be entering into this agreement with Hamdard Pakistan for providing steel to Pakistan’s First Eco- Friendly Green Structure Project. This is a great initiative by Hamdard Pakistan as the leader of the industry must play a pivotal role to ensure a sustainable and greener future for our generations to come. This agreement is testament to our aligned visions and ambitions for a Greener Pakistan.”
Agha Steel Industries led a Green Steel Revolution through sustainability of its energy mix by installing a 2.25 Megawatt solar power project and signing a term Sheet with Engro Energy for Renewable Energy. Agha also stated, “Our State of the art plant utilizes scrap-based Electric Arc Furnace (EAF) technology. By using recycled scrap for our raw material, we reduce the need for natural resources. Our CO2 Scope 1 green-house gas emissions and energy consumption intensities are approximately 7 times less than the global steel making average, making the Green Arc Furnace Technology environmentally friendly.”
The signing ceremony was graced by the presence of distinguished individuals representing both organizations. Among them were Mr. Faisal Nadeem, Group CFO from Hamdard Pakistan, Mr. Shahid Mehdi, Business Development Advisor, Mr. Muhammad Mubin Jaliawala, Head of Sales and Marketing, Ms. Rimsha Erum, Manager Corporate Sales of Agha Steel Industries Limited were also present. Their participation added significant value to the event, underscoring the collaborative efforts and shared commitment of both organizations toward the goals and objectives outlined in the agreement.
