The Pakistan 2025 Mineral Investment Forum (PMIF25) opened on Tuesday in Islamabad with a high -level promise to unlock the vast mineral wealth of the country and position it as a competitive mining center worldwide.
The two -day forum aims to attract foreign direct investment and forge long -term associations by highlighting Pakistan’s mineral potential.
More than 2,000 participants attended, including 300 international delegates from the United States, China, Saudi Arabia, the United Kingdom, Finland, Denmark and Kenya.
In his opening comments, the Vice Prime Minister Ishaq gave said that the country was “strategically positioned to emerge as a global mining power”, citing his rich geological panorama and underutilized mineral resources.
He said that Pakistan was the home of important deposits such as Reko DIQ, as well as vast reserves of rare earth elements, industrial minerals and precious stones required worldwide such as Peridot and Emerald.
Giving launched the National Mineral Harmonization Framework 2025 in the event, an integrated reform initiative designed to attract investors and rationalize policy in a sector that currently contributes only 3.2% to the national GDP.
“The mineral sector can redefine our economy, supply chains and export profile,” said Dar. “We are sitting the foundations for a robust ecosystem for interested parties, including local and foreign partners.”
The forum, jointly supported by federal and provincial governments, also saw the assistance of Prime Minister Shehbaz Sharif and the head of the Army staff, the general also, reflecting a strong institutional support behind the reforms.
In a sample of international interest, the United States was represented by Eric Meyer, senior officer of the Office of the Office of South Affairs and Central Asians, while the Deputy Minister of Minerals of Saudi Arabia expressed its preparation to explore strategic cooperation.
Federal Power Minister Ali Pervaiz Malik stressed the consistent efforts of the government to stabilize the economy and said that legal and administrative frameworks were being harmonized to improve the ease of doing business.
He pointed out that mining remains a provincial subject, but coordination with all provinces was underway to guarantee the alignment of objectives and transparency in operations.
“Through institutions such as the Special Investment Facilitation Council (SIFC), the Petroleum Division and the Investment Board, we are working in unison to bring a pro investor environment,” said Malik.
He stressed that Baluchistan, in particular, had an immense without exploiting mineral, added that a special approach to the development of the province was being given in this regard.
Commerce Minister Jam Kamal, speaking during a panel session, said that Pakistan’s mineral potential could attract regional and global attention if regulatory and regulatory concerns were addressed.
“Baluchistan can lead the way in this transformation,” he said. “Our resource base is substantial and we are ready to provide the necessary facilitation for investment.”
Kamal described the investment in minerals as a long -term commitment, urging foreign companies to explore joint companies and private public collaborations that extend beyond extraction.
The Saudi Arabia delegation echoed this point of view, with the Vice Minister of the Kingdom stating that Riyadh was actively evaluating the association opportunities in the value chain of the Minerals of Pakistan.
Throughout the forum, several agreements and Memorands of Comprehension (MOU) are expected to be signed, marking what the organizers expect will be a turning point in the country’s mineral development strategy.
The event will conclude on April 9 with sectoral reports, technical workshops and policy panels aimed at identifying priority projects and eliminating regulatory obstacles for incoming investment.
For a country that seeks new economic growth engines, the mineral sector looks as a great opportunity to boost exports, generate jobs and guarantee long -term fiscal stability.
