Mineral sector achieving new development goals under SIFC: PM Kakar

ISLAMABAD: Caretaker Prime Minister (PM) Anwaarul Haq Kakar on Wednesday said Pakistan’s mineral sector, valued in billions of dollars, was achieving new heights of development under Special Investment Facilitation Council (SIFC).

He was talking to a delegation of Miracle Salt Collective Inc which called on Caretaker Prime Minister Anwaar-ul-Haq Kakar here.

During the meeting the prime minister hoped that the salt export from the country would increase after the signing of joint venture between Pakistan Mineral Development Cooperation (PMDC) and Miracle Salt. He said it will also further strengthen the trade ties with the U.S.

“This joint venture is a manifestation of the fact that Pakistan has the most suitable destination for foreign investment,” he added.

PM Kakar said Himalayan pink salt was the identity of Pakistan in all over the world and its export in international markets will be a welcome sign.

He said during its short tenure, the caretaker government took several steps to promote foreign direct investment and to facilitate the businesses in the country which yielded positive results.

The delegation of Miracle Salt thanked the government, especially the Special Investment Facilitation Council for its cooperation with the company. They told the prime minister that after the formation of the company in Pakistan, it will be listed on major stock exchanges around the world, which will benefit the government of Pakistan and local investors.

The delegation also apprised the prime minister about the plan of action prepared regarding economic improvement, education and health, and employment provision of the local population in the salt mining areas.