MUZAFFARABAD: The Government of Azad Jammu and Kashmir (AJK) has signed a memorandum of understanding (MoU) with Pakistan Stone Development Company (PSDC) to develop marble industry in the region.
The Signing ceremony was held here with the Prime Minister AJK Raja Farooq Haider Khan as chief guest and Secretary Industry, Mines and Mineral Amjad Parvez Khan from the government of AJK and chief Executive officer PSDC Agha Shahid Nawaz signed the MOU.
According to MOU, PSDC will extend cooperation with Azad Jammu and Kashmir Mines and Mineral development corporation, a public sector organization, to establish the facility of cutting and polishing of marble at local level to increase its value.
Azad Jammu and Kashmir has a great potential of Mining of precious stones like granite, marble, ruby and others but due to unavailability of development facilities on modern line, it could not get much revenue from that source.
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