HRD Antwerp, IBL Group interested in investing in Pakistan’s gems sector, PM told
- By Web Desk -
- Apr 24, 2019
ISLAMABAD: Prime Minister Imran Khan was on Wednesday informed that HRD Antwerp, Europe’s leading authority in grading of diamonds, and IBL Group, intended to set up a factory in Pakistan for cutting and polishing of rough stones.
This was informed to the prime minister during the meeting with a delegation of HRD Antwerp and IBL Group in Islamabad.
The delegation comprised of Vice President HRD Belgium Katrien De Corte, Rashid Abdullah, the chairman IBL Group and others. Professor Dr Atta ur Rehman accompanied the delegation.
Finance Advisor Dr Abdul Hafeez Sheikh and Advisor on Commerce Abdul Razak Dawood were also present on this occasion.
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Dr Atta-ur-Rehman gave a presentation on the export potential of the country in coloured stones and gems.
The prime minister was informed that the export potential of Pakistan in gems sector which stood at US $ 1.62 billion in 2012, had witnessed steady decline over the period.
Dr Atta-ur-Rehman also presented few proposals which could help in tapping the potential of the sector.
PM Khan welcomed the interest of HRD Antwerp and said that the government would provide every possible support for successful business venture.