Marble City expected to help boost exports

State-of-the-art zone being set up in Karachi over 300 acres.

KARACHI:

The Sindh government is setting up a state-of-the-art Marble City in Karachi, spread over 300 acres, in an effort to strengthen marble industry of the province.

This zone will provide entrepreneurs multiple opportunities for value addition and processing of marble based on latest technology and innovation.

Sindh Board of Investment Chairman Zubair Motiwala stated this while presiding over the fourth board meeting of the Sindh Stone Development Company at his office here on Thursday.

Motiwala, who is also chairman of the Sindh Stone Development Company which is developing the Marble City, believed that creation of this modern industrial zone would boost the industry’s exports from existing $60 million to at least $250 million.

Marble City is one of the priority projects of the Sindh government and the Sindh Board of Investment, and the Stone Development Company is committed to its successful development. The project should be planned and executed based on a detailed feasibility study, he said.

Motiwala pointed out that there was high demand for Pakistani marble in the international market, but the opportunity could not be seized.

Mines and Minerals Secretary Zahid Hussain Memon told meeting participants that with the process of establishing the Marble City, it was also important that mining policies were made entrepreneur-friendly.

Published in The Express Tribune, August 23^rd 2013.

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