The Swiss company Sika, which manufactures construction chemical materials, inaugurated its plant in the industrial area Sundar in Lahore. It is Pakistan’s first certified Leadership in Energy and Environmental Design (LEED) construction chemical plant. However, LEED is a Global rating system, evaluating the environmental performance of buildings and awarding points across various areas whilst addressing consistency. The

Sika plant 1 - Sika’s Inauguration of its Pakistani Manufacturing Plant Sika plant 2 - Sika’s Inauguration of its Pakistani Manufacturing Plant

factory will produce liquid products and mortars for local construction chemicals. Locally produced products will bring high quality materials nearer to clients whilst it will be contributing to Pakistan’s economy by reducing imports. The plant will be saving 20 percent energy, has 50 percent water efficiency as well as 30 percent improved indoor air quality. Furthermore, Sika Pakistan will be creating 150 job opportunities directly and 1000 indirectly by 2020. At the occasion, held on 3 November 2017 at the Avari Hotel, the Swiss Ambassador, Thomas Kolly, declared that they are happy to have strong economic ties and a positive relationship with Pakistan. He expressed his confidence that their relationship will flourish continuously. Sika’s Head in the Middle East, Miljan Gutovic said that they are encouraging direct foreign investment and that Sika Pakistan is an example of their positive relationship with Pakistan. He added that they are happy announcing their new Pakistani plant. He stated that with the launching of the plant, Sika’s intention is to supply customized products for their valued Pakistani clients. Sika’s CEO/GM Naveed Chaudhary declared that he was happy opening their new plant. He added that they wanted Sika to come nearer to their clients because of its expanded footprint and quality and wanted an expansion in product diversity in the country. Government officials, architects and top businessmen attended the launching, whilst Sajjad Ali ended the evening with musical entertainment.