KEY POINTS
- Pakistan is refining legislation for a more investor-friendly environment.
- The country is a prime destination for mineral investment, focusing on Balochistan’s potential.
- Saudi Vice Minister for Minerals expresses interest in a strategic alliance with Pakistan.
ISLAMABAD: Pakistan’s Federal Minister for Energy (Petroleum Division) Ali Pervaiz Malik on Tuesday said that Pakistan’s journey to economic stability reflects the government’s steadfast commitment and relentless efforts.
The minister pointed out that the administration is actively refining legislation to create a more investor-friendly landscape.
While addressing the inaugural session of the two-day Pakistan Minerals Investment Forum 2025 (PMIF25) at Jinnah Convention Centre in Islamabad, Malik underscored the unique characteristics of the mining sector, which operates under the authority of the provincial government.
He assured that extensive consultations with provincial governments are underway.
The federal minister highlighted the pivotal role of institutions like the Special Investment Facilitation Council (SIFC) and the Petroleum Division, “all of which are united in their mission to draw investment into the mineral sector.”
The forum’s primary objective, he said, is to amplify investment in Pakistan’s rich, yet underexplored mineral resources, with a particular emphasis on the province of Balochistan.
He reiterated the government’s dedication to harnessing the nation’s mineral riches effectively and noted that the participation of international dignitaries at the forum signifies a burgeoning global confidence in Pakistan’s mining potential.
During a subsequent discussion, Federal Minister for Commerce Jam Kamal asserted that Pakistan stands as a prime destination for mineral investment.
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He asserted that the country’s wealth of resources holds immense promise, poised to attract significant interest from both local and foreign enterprises.
Kamal specifically highlighted Balochistan’s vast potential in the mineral sector and assured that every necessary measure is being taken to mitigate security concerns for investors.
He emphasised that fostering investor confidence is a top priority, as investment in the minerals sector is viewed as a long-term commitment rather than a fleeting opportunity.
In his remarks, the Saudi Vice Minister for Minerals revealed that Saudi Arabia is exploring possibilities for a strategic alliance with Pakistan to develop its mineral sector.
He recognised Pakistan’s substantial potential in this arena and expressed enthusiasm for future collaborative efforts.
