Pakistan: British business community ready to invest millions in marble, granite sector

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The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Mohmand Chamber of Commerce and Industry (MCCI) have said efforts are afoot to attract local and foreign investments in the marble and granite sector of Khyber Pakhtunkhwa.

According to an official communiqué issued on Sunday, during a meeting at the FPCCI’s regional office with representatives of the FPCCI and MCCI, Pakistan-origin British businessman Muhammad Javed had expressed willingness to invest in the marble and granite sector of the province.

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For this purpose, both sides agreed to take initiatives soon, including signing a Memorandum of Understanding and holding a grand exhibition of precious and semi-precious stones.

Speaking at the meeting, Muhammad Javed said British businessmen and people were pleased to learn about the presence of rich mineral deposits and precious and semi-precious stones in the merged districts of Khyber Pakhtunkhwa. “I have a high desire to increase demand for rich mineral deposits in the UK,” said the Pakistan-origin businessman. “We should promote transparent and quality trade between the two countries.”

He said joint endeavours would be launched soon, including holding an exhibition of gems and precious and semi-precious stones and signing an agreement. The FPCCI coordinator assured the visiting delegation of British businessmen that every possible step would be taken to ensure production of high-quality marble and granite so that their demand could be enhanced appreciably in the UK. Sajjad Ali and Sartaj Khan also presented a memento to Muhammad Javed at the event.