Islamabad: Pakistan is scheduled to benefit from its wide metal wealth through the Pakistani Investment Mineral Forum (PMIF) 2025, which is an international conference to be held on April 8-9 at the Conference Center in Islamabad. The event aims to attract foreign investment and enhance the mining sector in the country.
The OIGDCL Culture Summit (OGDCL) will be organized, and the prominent summit will include Prime Minister Shaybaz Sharif, the Chief of Staff of the Army, Sayed Asim Monir, and senior officials from international and national companies. It is expected that many memoranda of understanding (Mous) with local and international companies will be signed, indicating a big step towards opening the metal capabilities in Pakistan, as confirmed on Tuesday.
Pakistan is the home of rich metal reserves, including charcoal, copper, gold, iron ore, chromite and gemstones, providing enormous economic capabilities. However, though, the mineral sector contributes only 3.2 % to GDP, with metal exports only 0.1 % of global exports. Industry experts believe that with increased exploration, foreign investment and infrastructure development, this sector can witness a great expansion.
It covers approximately 600,000 square kilometers, and the mineral -rich scene in Pakistan features 92 well -known minerals, of which 52 commercially exploited. The country produces an estimated 68.52 million metal tons of minerals annually, which supports 5,000 operating mine and 50,000 small and medium enterprises (SMES), providing job opportunities for 300,000 workers.
Metal reserves in Pakistan include the second largest salt mines in the world and the fifth largest copper and gold deposits, along with large coal deposits, bauxite, gypsies, and gemstones. These resources offer profitable export opportunities and can help increase economic growth.
One of the largest unexploited copper reserves in the world. Parrick Gold from Canada has revived the project with an initial investment of $ 5.5 billion, and production is expected to start by 2028. The project is expected to generate $ 74 billion of free cash flow over the next 37 years and contributes to $ 2.8 billion in annual exports.
In addition, the Federal Cabinet approved the sale of a 15 % stake in RKO DIQ to Saudi Arabia. The giant Manara Minerals in the Saudi Mining field will receive this share, with a possible investment of one billion dollars, which enhances Pakistan’s resumption as a global mining investment destination.
The infrastructure is the key to opening the full mining sector capabilities. Under the China -Pakistani Economic Corridor (CPEC), improvements in logistical services for transport and export are made, including enhanced access through the port of GWADAR and Port Qasim. The new railway path is also developed to facilitate the transfer of mining supplies from Karachi to Rico DIQ and the export of copper and gold to international markets.
To simplify the sector, the government ends the framework of national metal coordination 2025, a comprehensive policy aimed at attracting investment and organizing industry on both regional and national levels. The framework will offer investment incentives, simplified mining regulations, and strengthening partnerships between the public and private sectors.
A spokesman for OGDCL stated that PMif 2025 will serve as a platform for global investors, policy makers and industrial leaders to explore investment opportunities, technological progress and policy reforms in the mining sector in Pakistan. The event is expected to put the country as a major player in the global mining industry.
Through strategic investments, infrastructure promotions, and the treatment of value -added minerals, the mining sector in Pakistan has the ability to become a major contributor to national economic growth. PMif 2025 represents decisive steps on this trip, paving the way for a more powerful and dynamic mining industry.
