Chief Executive Officer of Pakistan Stone Development Company (PASDEC), Zahid Maqsood Sheikh, called on the Ambassador of Italy, Stefano Pontecorvo, at the Italian embassy in Islamabad In the meeting, the CEO PASDEC, who was accompanied by Chairman Board of Directors and DGM Planning PASDEC, gave a detailed presentation on potential of marble and granite sector of Pakistan, and initiatives taken by PASDEC for development of the sector, according to a statement issued here on Thursday.
He informed that Pakistan is blessed with enormous marble and granite reserves spreading all over the country. He also shared with the ambassador PASDEC's efforts for mechanization of quarries in the country as per international standards. He added that PASDEC has imported almost all the quarry machinery from Italy. The CEO PASDEC wished furtherance of mutual cooperation between Italy and Pakistan in achieving the targets for sector development.
Ambassador of Italy Stefano Pontecorvo welcomed the ideas of mutual interest between the two countries. The Ambassador praised the efforts of PASDEC in the development of marble and granite sector of Pakistan and declared the sector as top priority for enhancing collaboration between the two countries. He added that Pakistan has huge reserves of natural stone, marble and granite, and Italy possesses decades of experience in stone mining and processing.
The Ambassador informed that Italian investors are keen to invest in Pakistan's Marble and Granite Sector. In this regard, the Italian embassy will soon mobilize and schedule visit of a delegation of potential Italian investors to Pakistan for exploring avenues of investment and joint ventures in the Sector. CEO PASDEC thanked the Ambassador of Italy for his interest and commitment to mutual collaboration.
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