The Land Of Promise
Pakistan is poised to become a global mining powerhouse, with its rich and diverse mineral reserves offering immense potential for growth and investment.
The Tethyan Metallogenic Belt makes the country home to one of the world’s most significant porphyry copper-gold mineral zones. In addition, extensive geological surveys highlight vast, untapped reserves of rare earth elements, industrial minerals, non-metallic resources, and gemstones across the country.
The government has made a firm commitment to unlocking Pakistan’s mining potential at both macro and micro levels. With an attractive legal and fiscal framework designed to foster investment, the country is ready to offer high-return opportunities to investors. This environment coupled with a focus on policy and infrastructure development initiatives provides a solid foundation for long-term partnerships and growth.
Pakistan has a history of success in the extractive industry with oil and gas upstream businesses being at the forefront. Key successes such as the discovery of the giant gas field at Sui in Balochistan in 1952 followed by accelerated exploration and production of hydrocarbons in subsequent decades enabled various state-owned companies to grow into sizeable enterprises. Some of these companies with their rich legacy, skilled human resource base, established supply chain systems and robust processes have also entered partnerships in joint venture projects beyond the borders of Pakistan. These state-owned players are now expanding their experience in extractive upstream segments to focus on growing the mining sector.
With a geology blessed with natural resources, to a government committed to incentivising investors so Pakistan’s minerals can be tapped for commercial advantage, to the players in the Pakistan market who are second to none in their experience and man-power – the time for mining to take-off in the country seems ripe.
Mining promises to be a transformative industry for Pakistan and it is an opportune time for investors to capitalize on this and secure a stake in this sector.