ADB, SAFCO partner to launch Pakistan's first sustainable aviation fuel facility

The Asian Development Bank (ADB) and SAFCO Venture Holdings Limited (SAFCO) to finance the construction and operation of a sustainable aviation fuel (SAF) facility in Sheikhupura, Pakistan. The project marks a significant milestone in the region's transition to cleaner energy sources.
 
The $86.2 million financial package will support the development of Pakistan's first SAF facility, which will utilize waste-based feedstock to produce sustainable aviation fuel.

The facility is expected to produce 145,000 tons of SAF annually, reducing carbon emissions by up to 85%. This reduction in greenhouse gas emissions will contribute significantly to Pakistan's efforts to mitigate climate change.
 
According to ADB officials, the aviation sector has limited decarbonization options, making this project a crucial step towards reducing greenhouse gas emissions. The project will also support the development of a sustainable aviation fuel industry in Pakistan, creating new economic opportunities and job.The SAF facility will be constructed in Sheikhupura, Pakistan, and is expected to commence operations in the near future. The project is a testament to the growing commitment towards sustainable development in the region. With the increasing demand for cleaner energy sources, this project is poised to play a vital role in Pakistan's transition to a low-carbon economy.