ISLAMABAD: Prime Minister Shehbaz Sharif has said that Pakistan possesses mineral reserves worth trillions of dollars, and extracting them could free the country from its mountain of debt.
Addressing the Pakistan Mineral Investment Forum, the Prime Minister said progress had been made on the Reko Diq project, which had faced long delays.
He noted that the Chief Minister of Sindh had successfully used coal reserves for energy production and emphasized that Pakistan, especially Punjab and Sindh, need to further exploit its fertile land.
Shehbaz Sharif added that the mountains of Balochistan hold rich mineral reserves, as do Khyber Pakhtunkhwa, Gilgit-Baltistan, and Azad Kashmir. These reserves are worth trillions of dollars, and by tapping them, Pakistan can rid itself of its massive debt burden.
He stated, “I invite investors from the U.S., China, Europe, and all other countries to invest in Pakistan. It would be beneficial for international investors to extract raw materials from here.”
The Prime Minister said that investors will be welcomed to invest in mines across Pakistan, and all investors will be welcomed in joint ventures as well.