ISLAMABAD -UNS: The ‘Pakistan Minerals Summit – Dust to Development – Investment Opportunities in Pakistan’, will be hosted by the Government of Pakistan on the 1st of August 2023. This one-day summit, to be held at a local hotel in Islamabad, is being sponsored by Barrick Gold Corporation with a clear focus on demonstrating the country’s commitment to developing its mining industry.
This initiative comes under the Special Investment Facilitation Council (SIFC), which involves key figures from the government and establishment collaborating to incentivize the flow of investment into Pakistan to build and strengthen certain sectors by attracting Foreign Direct Investment (FDI). Sectors being prioritized by the SIFC include mining.
The Pakistan Minerals Summit is expected to be well attended and will include attendance by the Prime Minister of Pakistan, various cabinet members such as the Minister of State for Petroleum Division, the Chief of the Army Staff of Pakistan and others. Additionally, ministers from the Kingdom of Saudi Arabia, Azerbaijan and other countries have also confirmed attendance. Apart from the representation by the Pakistan and regional governments, significant stakeholders such as policy makers, investment advisors, global mining entities and local business group representatives will gather to share their expertise and insight to drive the mining sector towards accelerated development and expansion.
Barrick undertook to assist the government in this endeavor because they believe that the mining sector of Pakistan, though untapped and undeveloped, has enormous mining potential.
