Mineral Reserves, SIFC: Pakistan’s Hopeful Future
Utilising the abundant mineral riches of Pakistan, the Special Investment Facilitation Council is contributing significantly to the nation’s growth. To speed up economic development, a distinct division has been established in the mining industry.
The Rekodic Project is attracting a lot of interest from global investors, and Saudi Arabia and Pakistan has signed joint venture agreements, which is a positive step.
The collaboration of Pakistan and Kuwait will invest a billion dollars in a mining fund that has been established specifically for the mining industry.
While 200 million dollars have been invested in pink salt, GIS technology is being used to find mineral reserves.
A bright future for the young of Balochistan is reflected in the collaboration between Barrack Gold and the Hunar Foundation for the uplift of local youth.
There is also a campaign underway to raise awareness of foreign investment. Infrastructure for mining will be established, which will aid in reducing illicit activity.