Saudi Arabia, Pakistan agree to collaborate on geological surveys
Saudi Arabia and Pakistan have agreed to work together in the field of geological surveys, aiming to strengthen cooperation through the sharing of knowledge and expertise.
According to Arab News, the Chief Executive Officer of the Saudi Geological Survey, Engineer Abdullah Muftar Al-Shamrani, stated that this partnership would go beyond mere collaboration, focusing on the exchange of experience and scientific knowledge to advance both nations.
Pakistan is keen to tap into its vast natural resources, which are estimated to be worth up to $6 trillion. Through geological surveys and scientific research, the characteristics of the land and the materials it contains can be analyzed. These surveys play a vital role in Pakistan’s mineral sector, which, despite its significant reserves of salt, copper, gold, and coal, currently contributes only 3.2% to the national GDP and holds a mere 0.1% share in global mineral exports.
Geological surveys are essential for identifying, exploring, estimating, and utilizing mineral deposits.
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Engineer Al-Shamrani, who is in Islamabad to attend the two-day Minerals Investment Forum, shared that a meeting took place a day earlier between the geological survey departments of Saudi Arabia and Pakistan. “We have agreed to work together and share experiences, observations, and scientific knowledge, which will benefit both countries,” he said.
He described the collaboration as a significant and mutually beneficial partnership. He further mentioned that a Saudi delegation, including government officials and investors, had also participated in the Minerals Summit. Productive discussions took place with Pakistani companies, and both sides are exploring further opportunities for cooperation.
Pakistan is among the few countries with vast reserves of gold and copper. Notably, the Reko Diq mine in southwestern Balochistan holds an estimated 5.9 billion tons of raw minerals. This site is considered one of the world’s largest undeveloped copper and gold deposits in a remote area and is expected to positively impact Pakistan’s economy once developed.
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