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Marble, granite sector possesses huge investment potential - Yassar Sakhi Butt October 05, 2011
Meeting at ICCI
 
Marble and granite sector is fast growing sector in the country with huge investment potential. Foreign business community should come forward and invest in marble and granite industry of Pakistan.

These remarks were made by Yassar Sakhi Butt, President Islamabad Chamber of Commerce & Industry (ICCI) while in a meeting with Mr. Altan Agaoglu, Member of Board, Investment Consultancy Inspection, Turkey.

President ICCI said that Turkey was one of the few big manufacturers of ceramic tiles, marble and granite processing equipment. He said that there was an increasing demand for these machines in Pakistan, adding that Pakistan was currently using equipment imported from Germany for the processing of these stones and by establishing close relations in this field, Pakistan could start procuring processing machines from Turkey.

He said marble and granite were among the major minerals extracted in Pakistan after coal, rock salt, limestone and China clay, but there was still lot more potential to develop this sector.

Yassar Sakhi Butt said that Pakistan have processing Units with complete range of machinery and equipment capable  of  processing  stones  in  accordance  with  International Standards, adding that there was no problem of quantity.

Speaking on the occasion, Mr. Altan Agaoglu said that the aim of his visit to ICCI was to explore the possibilities of investment potential in Pakistan’s marble and granite. He said that Turkey have more than 8000 workshops and warehouses for marble processing. He said that there was tremendous scope for cooperation between the two countries in precious stones business.