Chinese invited to invest in marble production

Architectural group shows interest in introducing new technology

ISLAMABAD: Federal Minister of Industries and Production Ghulam Murtaza Khan Jatoi has said that Chinese investors should invest in Pakistan’s growing stone industry as the country has a huge demand for marble.

He expressed these views while talking to Chinese investor Li Jianxin in a meeting at the Ministry of Industries and Production on Tuesday. Pakistan Stone Development Company (Pasdec) Chairman Agha Shahid was also present in the meeting.

Jatoi said there was a huge potential of investment in Pakistan in stone polishing, engineering, mining, energy and infrastructure. “China-Pakistan Economic Corridor (CPEC) has opened new horizons of industrial investment between the two countries,” he said.

The minister pointed out that there was a lot of room for building bridges to link the two nations. He voiced hope that the industrial relationship would help Pakistan learn a lot from Chinese experience.

“Hebei Jianxin Architectural Group is prepared to invest in the stone industry and real estate,” Li said about his group, which would also introduce new technology in Pakistan through modern-style marble polishing, flooring, ceiling and wall gilding.

“The group wants to establish an industrial estate in Karachi,” he said. He invited Jatoi to visit China.

Responding to the interest shown by the Chinese group, Jatoi said the Bin Qasim and National Industrial Parks had the space for the project.

He also offered his ministry’s assistance if the Chinese group went for a joint venture with Pasdec.

Published in The Express Tribune, April 19^th, 2017.

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