Marble City venture to strengthen stone, granite sector of Sindh: SBI chief

[A.Rafay]

ISLAMABAD - Sindh Board of Investment (SBI) Chairman Muhammad Zubair Motiwala on Thursday said the marble city project would have remarkable investment and growth potential for entrepreneurs for it is based on high-end technology, innovation and services in the stone and granite sector of Sindh province. He said this while presiding over a departmental meeting at his office. Motiwala said Sindh government, through SBI, had already procured 300 acres of land near northern bypass for the development of a state-of-the-art industrial enclave to boost economic activities in this under-developed sector with more jobs to be created. He said preliminary survey and need assessment study had already been conducted.
Earlier, SBI Director Project Abdul Azeem Uqaili informed the chairman that the Request for Proposal (RFP) was issued to the short listed consulting firms and consortiums to carry out the feasibility study with technical viability, transaction analyses, commercial development plan and other technical and transaction related activities.
The proper study by the final short listed consultancy firm would facilitate in successfully materialising this project in the shortest possible time.

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