SIFC playing role in bringing to use country’s mineral resources

Special Investment Facilitation Council (SIFC) is playing a pivotal role in bringing to use the country’s mineral resources.

Many foreign investors have shown interest in the Reko Diq project. The signing of mutual partnership projects between Saudi Arabia and Pakistan is also part of this process.

A separate division has been set up in the mineral sector to accelerate economic development.

A mining fund related to the mining sector has been formed under which a billion dollar will be invested through the mutual partnership of Pakistan and Kuwait.

GIS technology is being used for the discovery of mineral deposits while an investment of 200 million dollars has been made for pink salt.

Establishment of Mines and Minerals Company will help in curbing any illegal activities.

An awareness campaign for foreign investment has also been started which is proving to be very useful.

Source: Radio Pakistan

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