Islamabad: Pakistan’s mining industry is experiencing significant growth, spurred by the backing of the Special Investment Facilitation Council (SIFC). Key ventures and international collaborations are set to expand exploration and development across the country, focusing on valuable mineral deposits.
According to Ministry of Information and Broadcasting, the sector has seen a surge in activity, with companies like Hub Power Holdings Limited entering joint ventures with British firms and launching projects throughout Sindh in partnership with various international companies. Additionally, Mari Mining Company has secured exploration licenses in the Chagai District of Balochistan, an area also known for the Reko Diq Mining Company’s ongoing exploration of copper and gold deposits using cutting-edge technology.
These developments highlight the SIFC’s role in fostering an environment conducive to investment and technological advancement in the mining sector, aiming to enhance Pakistan’s industrial capabilities and economic growth.