Karachi—M/s Faisal Ali Mousa (FAM) Holding of UAE is keen to purchase rice and building materials including cement, marbles and granite, tiles and sanitary-ware in large quantity from Pakistan.
This was stated by Chairman FAM Holding, Dr. Faisal Ali Mousa, a conglomerate in United Arab Emirates while addressing a press conference along with his representative in Pakistan Asad Sajjad here Thursday evening.
He said that his construction company, an arm of FAM Holding, immediately needs cement in large quantity besides tiles, marbles and granite, wood and wood material and sanitary-ware for construction activities in the Middle East and Gulf region.
“We imported merchandises worth dirhams 3.5 billion ($ 1 billion) during last year. We are currently engaged in several construction activities including expansion of Doha Airport, a five- star hotel in Iraq and other big projects in the region. Our company has recently completed the construction of metro rail service in Dubai,” he added. Dr. Mousa, a PhD in business management from Oxford College, said that his trading company also wanted to import rice from Pakistan. We have a target to import rice worth $ 200 million this year and we would like to buy this staple food from Pakistan.
However, he said that his company would need at least two to three large dedicated rice mills to meet this order. We are currently importing rice from India and now we want to buy rice from Pakistan, he noted.
He said the purpose of his visit is to explore possibilities of importing rice and construction materials from Pakistan and holding meetings with prospective suppliers of rice, construction materials, besides meeting officials. The second purpose is to invite leading Pakistani rice exporters to attend RICE exhibition 2011. Dr. Mousa said that one of his companies Al Rowad Foodstuff Trading is also organising a dedicated fair, Rice International Conference and Exhibition (RICE) in Dubai from May 9 to 11, 2011.
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