ICCI and PASDEC sign MoU to promote marble and granite sector - Press Release issued by Islamabad Chamber of Commerce and Industry.

Islamabad -- August 05, 2022 (PPI-OT)

Following is the text of press release issued by Islamabad Chamber of Commerce and Industry (ICCI)

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Driven by the objective of promoting trade of dimensional stone (marble, granite and onyx) and mutual benefit of public and private sectors, Islamabad Chamber of Commerce and Industry (ICCI) has signed a Memorandum of Understanding (MoU) with Pakistan Stone Development Company (PASDEC) to promote the development of marble and granite sector of the country and enhance its exports.

Muhammad Shakeel Munir, President ICCI and Brig. Babar Miraj Shami, Chief Executive Officer, PASDEC signed the MoU in a ceremony held at ICCI. Jamshaid Akhtar Sheikh Senior Vice President, Muhammad Faheem Khan Vice President ICCI, Muhammad Ejaz Abbasi former President, Muhammad Naveed Malik former Senior Vice President ICCI and others were also present at the occasion.

By signing MoU, PASDEC will provide technical support to the marble sector in planning, development and execution of mechanized mining and processing facilities for better growth of this sector. PASDEC will also provide technical assistance to the investors and business community for boosting exports of marble and granite products. On the recommendations of ICCI, PASDEC in collaboration with the federal government will make efforts for the establishment of marble cities, machinery pool warehouses and other projects. PASDEC in close coordination with ICCI, will work for the development of marble and granite sector strategy and submit proposals to the Government of Pakistan. PASDEC will also invite representatives of ICCI in meetings for recommendations on policy formulation.

PASDEC shall conduct geo-technical study and shall provide machinery on rent or lease to the business community to facilitate the local dimensional stone mining industry. PASDEC in...