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, a 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. Chief Executive Officer (CEO) PASDEC, Zahid Maqsood Sheikh and Secretary of Industries, Labour and Mineral Resources of AJK signed the document on behalf of their respective organisations.
Prime Minister of Azad Jammu and Kashmir Raja Farooq Haider and Chairman BoD PASDEC, Agha Shahid N Khan were also present on the occasion. The 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.