The Trade Development Authority of Pakistan (TDAP) signed a “lease deed” of 16 acres of land for Dazzle Park project with the Civil Aviation Authority (CAA) on Friday.
The project would be located in the vicinity of Jinnah International Airport.
Commerce Minister Makhdoom Amin Fahim was the chief guest in a ceremony attended by TDAP CEO Abid Javed Akbar, CAA DG Air Marshal (r) Khalid Chaudhry, TDAP Secretary Abdul Kabir Kazi, FPCCI President Fazal Kadir Shiran, KCCI President Haroon Agar, Sindh Board of Investment Chairman Zubair Motiwala, All Pakistan Gems Merchant and Jewelers Association Chairman Saeed Mazhar Ali, high government officials and leading private sectors representatives.
Currently, Pakistani exports of gems and jewelry are touching $ 1 billion during the year 2011-12. There are huge potential to increase the exports of Pakistan through development of clusters or parks, as is being done in the region. Dazzle Park is designed to be an exclusive safe and bounded zone for conducting multi product and multi-dimensional activities of trading, commercial, services and manufacturing of colored gems, diamonds, gold and fashion jewelry but also dealing with fashion industry and high value products.
