AIRLINK 73.70 Decreased By ▼ -0.30 (-0.41%)
BOP 5.00 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.44 Increased By ▲ 0.02 (0.45%)
DFML 39.80 Increased By ▲ 0.60 (1.53%)
DGKC 86.30 Increased By ▲ 0.21 (0.24%)
FCCL 21.64 Decreased By ▼ -0.01 (-0.05%)
FFBL 34.15 Increased By ▲ 0.14 (0.41%)
FFL 9.81 Decreased By ▼ -0.11 (-1.11%)
GGL 10.68 Increased By ▲ 0.12 (1.14%)
HBL 113.55 Decreased By ▼ -0.34 (-0.3%)
HUBC 136.10 Increased By ▲ 0.26 (0.19%)
HUMNL 12.23 Increased By ▲ 0.33 (2.77%)
KEL 4.75 Decreased By ▼ -0.09 (-1.86%)
KOSM 4.50 Decreased By ▼ -0.03 (-0.66%)
MLCF 38.17 Decreased By ▼ -0.10 (-0.26%)
OGDC 135.65 Increased By ▲ 0.80 (0.59%)
PAEL 26.01 Decreased By ▼ -0.34 (-1.29%)
PIAA 19.24 Decreased By ▼ -1.56 (-7.5%)
PIBTL 6.72 Increased By ▲ 0.04 (0.6%)
PPL 122.50 Decreased By ▼ -0.50 (-0.41%)
PRL 27.30 Increased By ▲ 0.61 (2.29%)
PTC 14.23 Decreased By ▼ -0.10 (-0.7%)
SEARL 58.00 Decreased By ▼ -1.12 (-1.89%)
SNGP 67.95 Decreased By ▼ -1.55 (-2.23%)
SSGC 10.32 Decreased By ▼ -0.01 (-0.1%)
TELE 8.49 Decreased By ▼ -0.01 (-0.12%)
TPLP 11.20 Decreased By ▼ -0.03 (-0.27%)
TRG 64.05 Decreased By ▼ -0.80 (-1.23%)
UNITY 26.63 Increased By ▲ 0.38 (1.45%)
WTL 1.32 Decreased By ▼ -0.02 (-1.49%)
BR100 7,858 Increased By 7.1 (0.09%)
BR30 25,275 Decreased By -61.1 (-0.24%)
KSE100 75,273 Increased By 65.9 (0.09%)
KSE30 24,179 Increased By 36.8 (0.15%)

imagePESHAWAR: Pakistan Stone Development Company (PASDEC) will develop Marble and Granite sector of Azad Jammu and Kashmir through implementation of modern quarrying methods, establishment of Marble & Granite Industrial Estates (Marble Cities), Machinery Pools, warehouses and other projects.

In this regard, an MoU (Memorandum of Understanding) was signed by Pakistan Stone Development Company (PASDEC) and Azad Kashmir Mineral & Industrial Development Corporation (AKMIDC) for the development of marble and granite sector of AJK.

According to a press release issued here on Monday, CEO PASDEC, Zahid Maqsood Sheikh and Secretary of Industries, Labour and Mineral Resources of AJK signed the document on behalf of their respective organizations.

Prime Minister of Azad Jammu and Kashmir, Raja Farooq Haider and Chairman BoD PASDEC, Agha Shahid N. Khan were also present on the occasion. CEO PASDEC, Zahid Maqsood Sheikh delivered a detailed presentation on the projects that can be undertaken to develop the sector.

He also briefed that the company is desirous to work in close coordination with the Government of AJ&K in development of the enormous reserves of high value dimensional stones in the region.

Under the MoU, PASDEC will provide all necessary technical support to the Government of AJ&K in planning, development and execution of mechanized quarries, processing facilities, skill development and Industrial estates in the State.

The Prime Minister of AJK appreciated the efforts and initiatives taken by the company for sector development and assured that the Government of AJ&K will extend all necessary support to PASDEC for the ultimate benefit of the people of AJ&K in particular and the country in general.

Comments

Comments are closed.