Pakistan Stone Development Company (PASDEC) will establish the first ever Marble City (industrial estate) in Karachi under the auspices of the government of Sindh. A memorandum of understanding (MoU) in this regard has been inked between Sindh Board of Investment and PASDEC during Sindh Investment Conference 2010 held in Karachi, revealed a press release issued on Tuesday. The conference was organised by Sindh Board of Investment to highlight the potential of investment in Sindh.