Govt establishes departments to speed up mining

The government has established departments in all provinces to speed up mining of mineral reserves in the country.

The minerals sector is one of the priority sectors of Special Investment Facilitation Council and collaborations are being made with local and foreign investors for its promotion.

Mining in Chagai district has been accelerated since the out-of-court settlement with Barrack Gold. It is a four billion dollar project in which Pakistan will contribute two billion dollars.

A one billion dollar mining fund has also been established jointly by Pakistan and Kuwait under the SIFC.

Source: Radio Pakistan