Karachi - Over 50,000 ordinary people and learned speakers have thronged the Expo Centre during the first two days of a three-day 13th Build Asia Exhibition.

These include government regulators, policymakers, engineers, architects, town planners, academicians & 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. It is the largest exhibition of construction, real estate and housing sectors, and is held annually by E-commerce Gateway Pakistan, with the support of ‘Constructors Association of Pakistan’ (CAP) and ‘All Karachi Marble Industries Association’ (AKMIA).

Noticeable among those who visited the Expo on Tuesday also included PSP Chairman Syed Mustafa Kamal, while Provincial Minister for Information Syed Nasir Hussain Shah and Sindh Chief Minister’s Adviser on Katchi Abadi’s & Development, Murtaza Ali Baloch declared the event open.

More than 350 local enterprises and 550 foreign companies had set up more than 600 stalls to demonstrate their technological prowess. Latest equipments, materials, services and techniques in the related fields were put on display. Major participation was 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 joint ventures, transfer of technologies and appointing agents, distributors and partners in Pakistan.

The event also includes a wide array of highly informative conferences to provide a platform for engineers, contractors, builders, consultants, government officials, bankers, policymakers, stakeholders, other practitioners & professionals of this industry.

The 13th Build Asia has also incorporated insightful forums like ‘CPEC Construction Conference’, ‘Property Asia’, ‘Stone Fair Asia’ & ‘Furniture Asia’.

Build Asia offers the international and Pakistani business community a strategic launching pad to access the vibrant Pakistani, Afghan, Chinese, Middle-Eastern and Central Asian markets.

The exhibition is aimed at taking advantage of government’s liberal investment policies to attract maximum foreign investment to Pakistan, where foreign investors can hold up to 100 percent 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.

The diverse companies, products and services exhibited during the event include Builders & Developers, air-conditioning plants & equipment, landscaping, asphalt plants, bathroom fittings, ceramic & porcelain tiles, concrete technology & blocks, marble & granite, Burglar Alarm Systems, CAD/CAM Software, furniture & carpets, false ceiling, cement manufacturers, construction chemicals, construction equipment, tools & hardware, earth-moving machinery & equipment, electric  generators & cables, escalators & elevators.