NEW YORK, Sep 21 (APP): Caretaker Prime Minister Anwaar-ul-Haq on Thursday highlighting the SIFC as a one-window platform to facilitate the investors, encouraged Rio Tinto Group – a global leader in mining and minerals – to invest in Pakistan.
The prime minister, in a meeting with CEO of Rio Tinto Group Jakob Stausholm highlighted the country’s vast untapped mineral reserves, valued at over $6 trillion, which included substantial deposits of gold, copper, and rare earth metals.
The meeting was held on the sidelines of the 78th session of the United Nations General Assembly.
The prime minister outlined Pakistan’s robust economic vision, emphasizing the government’s commitment to sustainable growth through efficiency enhancement, reduced business costs, regulatory improvements, increased productivity, and higher investments.
He underscored the role of the Special Investment Facilitation Council (SIFC), which acted as a single-window platform, simplifying procedures and fostering an investor-friendly environment.
He emphasized the significance of the mining sector as a priority for FDI, leveraging Pakistan’s abundant natural resources, including copper, gold, lead, zinc, and rare earth minerals.
He also underscored that the Government of Pakistan’s objective was to keep the people of Pakistan’s interest foremost while having win-win cooperation with companies like Rio Tinto.
The prime minister extended an invitation to Rio Tinto Group’s CEO and their team to visit Pakistan and explore investment opportunities further.
CEO of Rio Tinto Group thanked the prime minister for the invitation and assured that his team would liaise with the relevant authorities to explore investment opportunities in Pakistan’s mineral and mining sector.
