IFC invests US$35 million to develop Pakistan’s first SAF facility

IFC invests US$35 million to develop Pakistan’s first SAF facility

The International Finance Corporation (IFC) is providing US$35 million in equity and debt financing to SAFCO Venture Holdings to establish Pakistan’s first sustainable aviation fuel (SAF) facility. Located in Sheikhupura, Punjab, this greenfield project will convert waste oils, including used cooking oil, into SAF, contributing significantly to emissions reduction and the promotion of a circular […]

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