Pakistan Stone Development Company and National Bank of Pakistan signed MOU for the development of the marble and granite

National Bank of Pakistan for the development of the marble and granite sector of Pakistan.

Mr. Rehmat Ali Hasnie, SEVP & Group Chief-IDG and Mr. Zahid Maqsood- Chief Executive Officer, Pakistan Stone Development Company (PASDEC) signed the MOU on the behalf of National Bank of Pakistan, and PASDEC respectively.

The MoU entails collaboration for development of marble and granite sector of the country through advancement in existing industry practices including development of export potential of Marble & Granite resources in quarrying, transportation, processing, financial inclusion of Marble & Granite sector of Pakistan and knowledge exchange programs (awareness seminars etc) in accordance with respective policies and procedures.

Mr. Zahid Maqsood (CEO PASDEC) speaking at the occasion said that the MOU is expected to further strengthen the collaboration between the parties for further development of the sector through exploring avenues of joint venture projects to enhance local production of dimensional stone and exports thereafter.

Source: www.technologytimes.pk