We are wast­ing pre­cious mar­ble, gran­ite re­serves: FPCCI

Daily Messenger - - Biz -

IS­LAM­ABAD: The Fed­er­a­tion of Pak­istan Cham­bers of Com­merce and In­dus­try (FPCCI) on Thurs­day said Pak­istan can earn huge for­eign ex­change by pay­ing at­ten­tion to the mas­sive mar­ble and gran­ite re­serves avail­able in Khy­ber Pakhtunkhw­a, Balochis­tan and Sindh.

Pak­istan is the sixth larget pro­ducer of mar­ble and gran­ite but its share in in­ter­na­tional trade is be­low two per­cent which can be in­creased sub­stan­tially by pay­ing some at­ten­tion to this ne­glected sec­tor, said Vice Pres­i­dent FPCCI Qaisar Khan Daudzai.

In a state­ment is­sued here to­day, he said that Pak­istan has over 297 bil­lion tonnes of these min­er­als while over 80 per­cent of the re­serves are lo­cated in the prov­ince of Khy­ber Pakhtunkhw­a and tribal dis­tricts.

Ther busi­ness­men deal­ing in it are too much fo­cused on min­ing through prim­i­tive meth­ods wast­ing a siz­able quan­tity and ex­port of raw ma­te­rial fetch­ing lit­tle money, he noted.

Qaisar Khan Daudzai said that we are adding value to only ten per­cent of the mar­ble and gran­ite while other coun­tries im­port it from Pak­istan and then ex­port it again to Pak­istan and other coun­tries af­ter adding value to it.

Pak­istan is pro­duc­ing good qual­ity mar­ble and gran­ite and it can earn huge for­eign ex­change while re­duc­ing un­em­ploy­ment by pay­ing at­ten­tion to this sec­tor, he ob­served.

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