Deputy Prime Minister Ishaq Dar says investor confidence, modern technology and international partnerships are essential to unlocking Pakistan’s untapped mineral resources.
ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar has called for comprehensive policy reforms, increased foreign investment and stronger international partnerships to unlock Pakistan’s untapped mineral resources and strengthen the country’s mining industry.
Addressing the Pakistan Minerals Investment Forum in Islamabad on Thursday, Dar said Pakistan had enormous opportunities in the minerals and mining sector that could be developed through improved policies, international investment and greater cooperation with global stakeholders.
He said the government was offering attractive investment opportunities to international companies and working to establish an investor-friendly environment that would encourage greater participation in the country’s mineral sector.
Dar stressed that restoring investor confidence remained a key priority for both federal and provincial governments. He said coordinated efforts were underway to improve the investment climate and develop stronger partnerships with international stakeholders.
The deputy prime minister also highlighted the importance of developing local expertise and introducing modern technologies to strengthen Pakistan’s mining capabilities.
He said international cooperation could help the country improve its technical skills, enhance mineral exploration and make more effective use of its natural resources.
Dar said the government was promoting the development of Pakistan’s mineral sector under the leadership of Prime Minister Shehbaz Sharif, while Field Marshal Asim Munir was facilitating efforts to develop and promote the country’s national resources.
He reiterated Pakistan’s commitment to providing international investors with opportunities to participate in the exploration and development of its mineral wealth.
Highlighting the strategic importance of Balochistan, Dar described the province as the future of Pakistan’s mineral industry, citing its significant reserves and potential for mining and exploration.
The province’s mineral potential, he indicated, could play an important role in expanding investment opportunities and strengthening the country’s mining industry.
Dar said improved policies, international partnerships and investor-friendly measures could help transform the mineral sector into a significant contributor to economic growth, investment and national development.
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