The federal and Sindh governments on Monday decided to revive the Pakistan Steel Mills (PSM) on 700 acres of land with collective efforts. Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for Industries and Production Rana Tanveer agreed to establish an industrial park on 3200 acres of land and revitalize the Steel Mills on 700 acres. The decision was made during a meeting between the two leaders in Karachi. The proposed industrial park will be established on the additional land of the Pakistan Steel Mills. While the 700 acres earmarked for the Steel Mills.