Pakistan launches first Marble City industrial park in Karachi
Sindh Senior Minister Sharjeel Inam Memon announced the establishment of Pakistan's first Marble City at a pre-launch ceremony in Karachi on Thursday.
Project aims to boost exports
The new industrial park will process marble and granite reserves found across Sindh and other parts of the country. Officials stated that modern industrial methods will be used to produce high-quality products for international markets. This shift allows the production of finished goods instead of exporting raw materials directly.
Land pricing and payment terms
The average price for land within the Marble City is set at approximately Rs25 million per acre. Investors unable to make a one-time payment will be offered the facility to pay in installments. The project aims to create new investment opportunities and generate employment for local residents.
Key figures attending ceremony
Special Assistant Qasim Naveed Qamar led the project on instructions from Sindh Chief Minister Syed Murad Ali Shah. Prominent industrialist Arif Habib and government officials attended the pre-launch event held at a local hotel. The formal inauguration is scheduled to be performed by Pakistan Peoples Party Chairman Bilawal Bhutto Zardari.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Business Recorder
- Dawn
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