PMIF-25 concludes with strong global investor participation
The two-day Pakistan Minerals Investment Forum (PMIF-25) was held in Islamabad and attended by delegates, investors, and senior officials worldwide, seeing strong participation from global investors and highlighting the country’s potential in the minerals sector.
In his closing remarks, OGDC’s Managing Director and Chief Executive Officer (CEO) Ahmed Hayat Lak, emphasised that Pakistan is rich in mineral resources and that significant progress in the mining sector can be achieved through public-private partnerships.
A representative of the mining company, Russell Howard, announced during the forum that the first phase of the Reko Diq project will begin this year.
He noted that the project covers an area of 286 square kilometers, containing vast reserves of gold and copper, with a total volume exceeding 5.9 billion tons.
He noted that geotechnical drilling has been completed over 29 kilometers of the site, in addition to geo-capital drilling.
A delegation led by US Senior Bureau Official for the Bureau of South and Central Asian Affairs, Eric Meyers, met with Prime Minister Shehbaz Sharif, congratulating Pakistan on the success of the minerals forum.
The Prime Minister invited US companies to invest in the mineral sector, highlighting it as a prime opportunity for mutual cooperation.
Later, the US delegation met with Army Chief General Asim Munir at GHQ Rawalpindi.
According to ISPR, discussions focused on collaboration and partnerships in mineral exploration in the context of the forum.
The US delegation expressed confidence in Pakistan’s mineral policy and viewed their active participation in the forum positively.
According to the US Embassy, Meyers underscored the importance of strengthening collaboration in business opportunities, economic cooperation, and counter-terrorism.
He stated that responsibly and transparently harnessing Pakistan’s mineral potential could be mutually beneficial for both countries.
Meyers reaffirmed the commitment of the US to continue working with Pakistan on investment, technical cooperation, and sustainable resource utilisation in the mineral sector.
On the first day of PMIF-25, the forum focused on enhancing foreign investment in the nation’s mineral sector with 300 investors from all around the world.
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