On the second day of the
13th Build Asia Exhibition, Syed Mustafa Kamal, Chairman PSP
visited the 3-day event being held at the Karachi Expo Center on 18th to
20th December. It is the largest exhibition of construction,
real-estate and housing industry, held annually by Ecommerce Gateway
Pakistan, with the support of; ‘Constructors Association of Pakistan’
(CAP) and ‘All Karachi Marble Industries Association’ (AKMIA), as
it focuses on the immense potential of the Building and Construction
sector.
Provincial Minster for
Information Syed Nasir Hussain Shah and Sindh Chief Minister’s Advisor on
Katchi Abadi’s & Development – Mr. Murtaza Ali Baloch inaugurated the event,
where more than 350 local enterprises and 550 foreign companies have setup more
than 600 stalls to display their latest technological advancements, featuring
their equipments, materials, services and techniques in the related fields.
Major participation has been seen from 17 progressive nations, including China,
Iran, Italy, etc.
Over the past 13 years,
this mega-event has successfully provided valuable opportunities to overseas
exhibitors and a platform for foreign investors to interact with local entrepreneurs
for collaborations, joint ventures, transfer of technologies and appointing
agents, distributors and partners in Pakistan. The event also features a wide
array of highly informative conferences, to provide a networking platform for
engineers, contractors, builders, consultants, government officials, bankers,
policy makers, stakeholders, other practitioners & professionals of this
industry. The 13th Build Asia has also incorporated
insightful forums like; ‘CPEC Construction Conference’, ‘Property Asia’,
‘StoneFair Asia’ & ‘Furniture Asia’.
Build Asia offers
the International and Pakistani business community a strategic launch-pad to
access the vibrant Pakistani, Afghan, Chinese, Middle-Eastern markets and
Central Asian Republics. The exhibition will take advantage of government’s
liberal investment policies to attract maximum foreign investment in Pakistan,
where foreign investors can hold up to 100% equity in several economic sectors.
As a result of this annual series of exhibitions, the Foreign Direct Investment
(FDI) in the Country has increased substantially. Thus, Pakistan has gained the
stature of an attractive destination for investors from developed countries.
The key participants
also include the suppliers and manufacturers of; Fire Fighting & Alarm
Systems, Scaffolding Systems, Glass Partitions, Fibre Glass, Gypsum &
Asbestos Products, Housing Loan Financers, Insurance Companies, Telecom
Systems, Kitchen Equipment, Lightings & Fans, Doors & Windows, Handles
& Knobs, Paints & Varnishes, Pipes & Fittings, Steel products,
Waste Management, Swimming Pool Equipment, Water Purification Plants,
Waterproofing & Insulation, Finishes & Facades, Sealants &
Adhesives, and many others.
The Build Asia
Exhibition attracts over 50,000 visitors and learned speakers,
including; Government regulators, policy-makers, Engineers, Architects,
Town Planners, Academia & Scientists, Interior Designers, Real Estate
Agents, Building Material Suppliers, Project Managers, Contractors and many
other stakeholders of the industry like; FWO, Constructors Association of
Pakistan, ABAD, PEC, Engro Polymers and Pakistan Stone Development
Co. This event helps in Value-Addition, productivity-enhancement and
cost-reduction in the industry. For further information; www.buildasia.net.
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