Pakistan Establishes Provincial Departments to Accelerate Mining Sector Growth

Islamabad, In an effort to expedite the exploitation of its mineral reserves, the government has set up dedicated departments across all provinces to streamline operations in the mining sector.

According to Ministry of Information and Broadcasting, these new departments are part of a broader initiative under the Special Investment Facilitation Council, which prioritizes the minerals sector. The government is actively seeking collaboration with both local and foreign investors to bolster the industry.

Significant progress has been made in the Chagai district, where mining activities have intensified following an out-of-court settlement with Barrick Gold. This development is part of a four billion dollar project, with Pakistan contributing two billion dollars. Additionally, a one billion dollar mining fund has been established in cooperation with Kuwait under the auspices of the Special Investment Facilitation Council, aiming to further enhance the sector’s capabilities.