By Our Web Reporter
LAHORE MIRROR — Zarea Private Limited has proudly secured the Zone Enterprise license from Pakistan’s Special Technology Zones Authority (STZA) here on Friday.
According to the Director of Corporate Communication, Mustafa Kamal Pasha, the company would set up its business at Pak Austria Fachhochschule of Applied Sciences and Technology, Mang District, Haripur, Khyber Pakhtunkhwa, Pakistan.
Zarea aims to become the Amazon for construction in Pakistan. It employs technology to streamline raw material procurement in the construction industry, Pasha added.
A one-stop procurement solution for businesses and retailers, enabling better prices and transparency, quality assurance, intelligent inventory management, faster delivery, and flexible payment options, as well as extensive online and offline assistance. For our suppliers, we help them achieve a bigger client base, high order volumes, and advance payments.
Speaking at the occasion, Ali Alam Qamar, Zarea’s CEO & Founder, a distinguished industrialist in the cement and paper sectors, a renowned entrepreneur, and a Cambridge University graduate, emphasized that the global construction industry is a $10 trillion market and responsible for employing 1/12 skilled workforce globally.
Despite this, the industry often relies on outdated procurement processes, particularly in underdeveloped countries like Pakistan. The housing and construction market potential in Pakistan is worth $30 billion.
“We are committed to exploiting it for the greater benefit of young, skilled manpower and the national economy. Zarea is focusing on revolutionizing processes as per global trends and building the future marketplace accordingly for construction technology,” Qamar said.
