Mining Sector achieves new milestones under SIFC: PM
February 21, 2024

Caretaker Prime Minister Anwaar-ul-Haq Kakar says new milestones are being achieved in mining sector under the auspices of Special Investment Facilitation Council.

He was talking to a delegation of Miracle Saltworks Collective Incorporation, a US-based salt mining and processing company, which called on him in Islamabad today. 

The Prime Minister expressed the confidence that signing of agreement between Pakistan Mineral Development Corporation and US-based Miracle Saltworks Collective Incorporation will not only surge the export of Pakistani salt, but it will also strengthen trade ties between Pakistan and the United States.

The Prime Minister said Pakistan has billions of dollars of reserves in mining sector and this joint venture reflects prevailing conducive investment environment in Pakistan.

Anwaar-ul-Haq  Kakar said the caretaker government during its tenure took various steps for increasing Foreign Direct Investment in  the country, which are yielding positive results.

The delegation of the Miracle Saltworks Collective Incorporation thanked the government of Pakistan particularly the Special Investment Facilitation Council for its cooperation.

The delegation apprised the Prime Minister that after establishing this company in Pakistan, it will be listed with major stock exchanges in the world, which will benefit the government of Pakistan and local investors as well.

The delegation also informed the Prime Minister about its plan for socio-economic uplift of the local people, living in the areas near to salt mines and also provision of education, health and jobs opportunities to them.