Marble and Granite is the sixth largest mineral extracted, the other being Coal, Rock, Salt, Limestone and China Clay. Since 1990 mining and quarrying has consistently contributed 0.5% to the GDP and carries lot of potential in the future. According to industry estimates, 1.37 million tons of marble and granite were produced while 97% of it was consumed locally. Little efforts were made in the past to identify and estimate marble and granite reserves in Pakistan. Some of the reserves of marble and granite were however calculated with the efforts made by development projects and concerned departments.
Known reserves of marble and Granite in Pakistan are 160 Million Tons, while actual reserves could be manifold. These reserves are mostly concentrated in Khyber Pakhtunkhwa, FATA and Baluchistan. Estimated reserves of Granite in Pakistan are 2 Billion Metric Ton, out of which 1.5 Billion Metric Tons are in Thar-Sindh.
Company Profile
Pakistan Stone Development Company (PASDEC) is not for profit organization, incorporated as public Ltd. Company under section 42 of the Companies Ordinance, 1984. PASDEC is established by Ministry of Industries & Production, Government of Pakistan as a subsidiary of Pakistan Industrial Development Corporation (PIDC).
PASDEC’s vision is “To make Pakistan globally competitive & socially responsible Player of the International Dimensional Stone Industry”. PASDEC is moving ahead on fast track to achieve assigned target for development of marble and granite sector of Pakistan. PASDEC short term goal is to develop Quarrying sector of Pakistan to reduce quarrying wastage from 85% to 45%.
Objectives
• Raise Value Chain Productivity
• Investment in Workforce Development
• Export Marketing
• Promote Strategic Partnerships (J.V. & D.F.I.)
• Develop Industrial & Market Information
• Cluster Development
After introduction of modern technology in quarrying sector of Pakistan and due to demonstration effect of the model projects of PASDEC, quarry production will increase to a level of 2.5 million tons annually. This drastic increase of quarry production requires proper processing facilities in the country for value addition to earn foreign exchange for the country and to achieve export target of $ 2.4 billion till 2017. Planning commission has approved PC-1 of Rs. 1980 million for development of Model Quarries, Up-gradations, Machinery Pools, Common Facility and Training Centers (CFTC’s) & Warehouses.
Five Marble Cities projects of Karachi, Risalpur, FATA, Gaddani & Islamabad projects were initially approved by President and Prime Minster through bank barrowing where interest was supposed to be picked by GoP. Later on Marble City Chitral and Loralai were also included in this plan through PM Directives. PASDEC in this regard initiated these projects and presently land for Marble City FATA & Risalpur is acquired and significant development has been made on these projects.