BRI delegation eyes mineral investment

Federal Minister for Investment and Board of Investment (BOI) Chairman Qaiser Ahmed Sheikh. PHOTO: FILE

ISLAMABAD:

Federal Minister for Board of Investment Qaiser Ahmed Sheikh met a delegation of Silkway Impex Pvt Ltd and a high-level Chinese Belt and Road Initiative (BRI) delegation to discuss investment cooperation, with minerals emerging as the priority focus of the talks.

According to an official statement issued on Thursday, the meeting included Deng Yubin, Head of the BRI for Yunnan Province. Sheikh highlighted Pakistan's mineral and mining potential, describing the sector as a key area for bilateral cooperation.

Referring to the recently held Pak-China Mineral Cooperation Forum, he said Pakistan aimed to develop integrated mineral value chains covering exploration, processing, beneficiation and downstream industrial activity. He noted that copper and other strategic minerals offered significant scope for long-term collaboration. The Chinese delegation expressed interest in mineral development and conveyed their intention to explore sustained investment opportunities aligned with Pakistan's industrial and economic objectives.

Additional Secretary BoI Dr Erfa Iqbal highlighted Pakistan's incentive framework, including Special Technology Zones for research-based industries and SEZs for manufacturing.

Silkway Impex Managing Directors Raja Taimur Rehman, Selman Pataudi and Raja Hashim Rehman outlined the company's role in connecting international partners with Pakistan's public and private sectors. Professor Haitao Yuan, Chief Geologist of Silkway Impex, shared a long-term vision for mineral sector development, including establishing an internationally stock-listed mining company, stressing transparency, modern exploration methods and international compliance.


Source link

No Responses

Shareholder Agahi – Your Gateway to Shareholder Insights


Pakistan’s first comprehensive platform, developed by PICG and CDC, dedicated to enhancing shareholder awareness and empowerment.

Discover Shareholder Agahi- Your one-stop hub for real-time shareholder updates, rights, and governance insights. Empower yourself with accurate information.
Explore the portal: https://www.shareholderagahi.com/

Watch the tutorial (Urdu): https://www.youtube.com/watch?v=O7iCRiKJ37A

This will close in 20 seconds