Islamabad: Minister for Petroleum Ali Pervaiz Malik announced that the Pakistan Minerals Investment Forum, scheduled to begin tomorrow, aims to spotlight Pakistan’s mineral resource potential and attract foreign investment. The forum will unveil a harmonized framework, developed with provincial government support, to promote sustainable mining practices.

Minister Malik, alongside Managing Director of the Oil and Gas Development Company Limited (OGDCL) Ahmed Hayat Lak, emphasized during a news conference that the event will host participants from countries such as Turkiye, China, and the United States. Attendees are expected to include 300 international delegates.

The forum will feature technical sessions and an exhibition showcasing innovative technological solutions in mining. Memorandums of Understanding (MOUs) and agreements focusing on skill development within the sector are set to be signed.

OGDCL’s Ahmed Hayat Lak highlighted the positive response to the forum, noting Pakistan’s emergence as a significant player in the mineral sector. He stated the event will become an annual fixture moving forward.

In addressing future projects, Lak mentioned that the first phase of the Reko Diq project is slated for completion by 2028, followed by the second phase in 2034, both expected to contribute significantly to the country’s revenue.