Marble, granite: Mineral development bank proposed

Pakistan has enormous potential to promote exports of marble products as it possesses huge marble and granite reserves


Our Correspondent February 25, 2015

LAHORE: The Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has proposed the establishment of a mineral development bank supported with a conducive policy to explore the potential of marble and granite sector. PCJCCI President Shah Faisal Afridi said,  “Pakistan has enormous potential to promote exports of marble products as it possesses huge marble and granite reserves of around 350 million tons and has 64 varieties of marble and granite stones,” he added. He said that currently the global market for marble and granite was estimated at around $62 billion, but Pakistan’s share was below 1%, which should be a cause for concern for the policymakers. He said with the support of government, the marble industry has the potential to become the backbone of the economy and make more exports, which can go up to over $200 million per year.

Published in The Express Tribune, February 26th,  2015.

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