Islamabad: Pakistan’s Minister of Petroleum and Water Resources, Dr. Musadik Malik, will lead a delegation to the Future Minerals Forum in Riyadh from January 14 to 16. The group, including key policymakers and industry leaders, aims to promote Pakistan’s mining potential and foster international partnerships.
According to a statement by Press Information Department, the delegation comprises representatives from significant companies such as Pakistan Petroleum Limited, Oil and Gas Development Company Limited, and Mari Energies. They plan to present the country’s mining sector, highlighting its alignment with global trends towards cleaner energy and greener technology.
Pakistan’s geological wealth, particularly the Tethyan Belt mineralized zone, offers substantial opportunities in copper, gold, and rare-earth elements. The government has introduced investor-friendly policies, including duty exemptions and tax breaks, to encourage growth in the sector.
The Pakistani Pavilion at the forum will host meetings with regional and international stakeholders. The delegation will also conduct a 90-minute session to showcase the nation’s geological assets and investment opportunities, aiming to attract international investors.
Dr. Malik will participate in a Ministerial round table to emphasize Pakistan’s potential as a global mining hub. The country’s strategic location, robust infrastructure, and support from the Special Investment Facilitation Council are positioned as key advantages for potential investors.