Pakistan is taking major strides to position its mining and mineral development sector as a key driver of economic growth and stability. With an estimated $8 trillion in untapped mineral reserves, the government is launching initiatives to attract global investment and optimize resource utilization.
To highlight these opportunities, the Special Investment Facilitation Council (SIFC) has announced a Mineral Conference scheduled for April. This event will focus on showcasing investment opportunities and advancing the country’s mining potential.
One of the sector’s standout projects is the Reko Diq initiative, projected to be operational by 2028. This venture will bring in $5.5 billion in investments while generating $2.8 billion in annual exports. Additionally, Pakistan is exploring partnerships with the UAE, offering investment opportunities in five major mineral projects.
Read more: Biafo industries joins Reko Diq mining amid Saudi investment interest
Other significant developments include plans for copper smelter facilities with an annual production capacity of 80,000 tons, targeting key regions such as Chagai, Waziristan, Gwadar, and the Balochistan Mineral Resources Limited copper blocks. There are also plans to develop a rail network connecting Gwadar and Chagai to enhance mineral transportation capabilities.
Mari Petroleum, in collaboration with the Government of Balochistan, is currently in discussions to attract further international investment into the sector.
By focusing on these initiatives, Pakistan aims to transform its resources into a valuable asset for long-term economic growth.
