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Business & Finance

Senate body concerned over PASDEC's performance

  ISLAMABAD: Senate Standing Committee on Industries expressed its concern over the unsatisfactory performance o
Published May 18, 2017

 

ISLAMABAD: Senate Standing Committee on Industries expressed its concern over the unsatisfactory performance of Pakistan Stone Development Company (PASDEC) and said that despite repeatedly issuing directions to the company, it did not take measures to minimize wastage of precious stones by using modern machinery in marble mines.

Chairman of the Committee Senator Hidayatullah said that he himself visited 15 mines of precious stones but it was unfortunate to note that 10 of them had been shut down.    He said in FATA few factories were working without having proper license.

Officials of PASDEC informed the committee that number of machineries were being increased at factories and currently 26 machinerse were installed in six factories.

The committee was informed that PASDEC had also written a letter to Board of Investment requesting them to also include Marble and Granite sector in China Pakistan Economic Corridor (CPEC).

The meeting was also attended by Senators Kulsoom Perveen, Khalida Perveen, Malik Najam Ul Hassan, Taj Haider and Khanzada Khan.

 

Copyright APP (Associated Press of Pakistan), 2017
 

 

 

 

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