Pakistan will organise a mineral summit titled ‘Dust to Development’ in Islamabad on August 1.

The summit hopes to attract investment in mineral and mining sector as Pakistan has large deposits that are vastly untapped.

Pakistan has already established a Special Investment Facilitation Council including both the prime minister and the army chief. The council mainly aims to attract investment from the Gulf countries.

Authorities hope the summit will be able to accelerate and increase the investments in minerals.

Minister of State for Petroleum Musadik Malik said that the summit could prove to be very important for the economic development of the country.

Barrick’s CEO Mark Bristow said that Pakistan has vast deposits of gold and copper which could lead to development in multiple regions including Balochistan.

GHPL’s Managing Director Masood Nabi said that the mineral summit could showcase an attractive investment opportunity to the world.