Mineral development and mining are top priorities for the Special Investment Facilitation Council as main forces promoting economic stability. With an estimated eight Trillion Dollars in mineral reserves, the Government is acting aggressively to draw in money and maximize resource use.
A Mineral Conference featuring important industry prospects in April will help to promote investment.
Under SIFC’s partnership, the Reko Diq project is scheduled to start running by 2028, bringing in two point eight billion dollar annual exports and five and a half billion dollar investment.
Additionally under consideration by Pakistan were five major mineral projects for UAE investment.
Emphasizing Chagai, Waziristan, Gwadar, and Balochistan mineral resources limited copper blocks, key projects include copper smelter plants with an Eighty thousand-ton annual capacity.
Plans also provide for a rail system connecting Gwadar and Chagai, hence enhancing mineral transportation.
Mari Petroleum and the Balochistan Government are in negotiations to draw foreign capital in meantime.
