NEW YORK: Pakistan’s Caretaker Prime Minister Anwaar-ul-Haq on Thursday met Jakob Stausholm, CEO of Rio Tinto Group, a global leader in mining and minerals, in New York, and discussed investment opportunities in Pakistan.
The Prime Minister suggested Rio Tinto Group to invest in Pakistan’s mineral and mining sector, highlighting the country’s vast unexplored mineral reserves, worth over $6 trillion, which include deposits of gold, copper, and other earth metals.
The Prime Minister talked about Pakistan’s robust economic vision, emphasizing the government’s commitment to sustainable growth through increased productivity, regulatory improvements, reduced business costs and higher investments.
The Prime Minister highlighted the role of the Special Investment Facilitation Council (SIFC), which acts as a single-window platform, simplifying procedures and offering an investor-friendly environment.
The Caretaker Prime Minister Anwaar-ul-Haq Kakar received Mr. Jakob Stausholm, CEO of Rio Tinto Group, a global leader in mining and minerals, on the sidelines of the 78th Session of the UN General Assembly in New York.
Prime Minister encouraged Rio Tinto Group to consider… pic.twitter.com/x8E2c3jjpU
— Government of Pakistan (@GovtofPakistan) September 21, 2023
Pakistan mining sector a priority for FDI: PM
He said the mining sector is a priority for Direct Foreign Investment (FDI), leveraging Pakistan’s abundant natural resources, including, copper, gold, lead, zinc and rare earth minerals.
He said the government of Pakistan wants to keep the interest of the people foremost while having a win-win cooperation with companies like Rio Tinto.
The Prime Minister extended an invitation to Rio Tinto Group’s CEO to visit Pakistan and explore investment opportunities.
CEO of Rio Tinto Group thanked the Prime Minister for the invitation and said that his team would coordinate with the relevant authorities to explore investment opportunities in Pakistan’s mineral and mining sector.
