BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

Pakistan Aluminium Beverage Cans Limited (PABC) has announced plans to set up a new $110 million beverage can manufacturing facility in Afghanistan.

The listed Pakistani can maker disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday.

“The company had earlier, on 30 October 2025, disclosed the Board’s endorsement of plans to construct a new beverage can manufacturing facility in Afghanistan, with a capacity of 1.3 billion cans and an estimated capital outlay of approximately USD 110 million, subject to regulatory and customary approvals,” read the notice.

PABC said that the approvals represent continued steps under the company’s strategic roadmap.

The development comes as ties between Pakistan and Afghanistan have deteriorated in recent months. The relationship deteriorated after Islamabad demanded that the Afghan Taliban administration tackle militants who have stepped up attacks in Pakistan, saying they operate from havens in Afghanistan.

The neighbours have closed several crossings along their border in the aftermath of the fighting, halting trade.  

Earlier in October, PABC cautioned that the ongoing closure of Pak-Afghan border crossings could weigh on its sales performance, as disruptions to regional trade routes threaten to impact its business operations in Afghanistan and Central Asia.

Moreover, PABC’s Board of Directors have also approved the acquisition of 60% of the units of Alfalah Agri-Cultivation Fund - I, a private equity fund, from Liberty Mills Limited, an associate of PABC, for Rs621 million.

“The fund focuses on modern, mechanised, and sustainable corporate farming projects in Pakistan, with its investment in Terra Crop Innovations (Pvt) Ltd in the Cholistan Desert expected to enhance food security, promote agricultural exports, and support import substitution,” it said.

The company shared that the transaction is subject to customary procedures, and the board has authorised PABC’s representatives to take necessary actions to implement it.

Comments

200 characters remaining