ISLAMABAD: Pakistan Stone Development Company (PASDEC) and Azad Kashmir Mineral and Industrial Development Corporation (AKMIDC) on Moday signed a memorandum of understanding (MoU) to develop marble and granite sector of Azad Jammu and Kashmir (AJK) through implementation of modern quarrying methods, establishment of marble and granite industrial estates (Marble Cities), machinery pools, warehouses and other projects. PASDEC Chief Executive Officer Zahid Maqsood Sheikh and Secretary of Industries, Labour and Mineral Resources of AJK signed the document on behalf of their respective organizations.
AJK Prime Minister Raja Farooq Haider and PASDEC BoD Chairman Agha Shahid were also present on the occasion. Zahid gave a detailed presentation on the projects that could be undertaken to develop the sector. He also briefed that the company was desirous to work in close coordination with the government of AJK in development of the enormous reserves of high value dimensional stones in the region.
