Islamabad: Minister for Petroleum, Ali Pervaiz Malik, has invited US companies to invest in public-private partnerships and joint ventures for the development of Pakistan’s mining sector. He announced this initiative during a webinar co-chaired by himself and US Charg© d’Affaires Natalie A. Baker in Islamabad today.

According to Radio Pakistan, the Minister emphasized the country’s commitment to transitioning to clean energy by supporting the mining of minerals and facilitating ease of doing business. Ali Pervaiz Malik highlighted that the government, along with the Special Investment Facilitation Council, is offering comprehensive support to global companies. Both Prime Minister Shehbaz Sharif and Field Marshal Syed Asim Munir are actively leading the development process in Pakistan’s mineral sector.

Minister Malik underscored Pakistan’s rich mineral resources, including gold, copper, and coal, inviting international collaboration to harness these assets. US Charg© d’Affaires Natalie A. Baker echoed this sentiment, stating that it is an opportune time for US investors to explore opportunities in Pakistan’s mineral sector. She assured that the US Embassy would provide support to American investors and acknowledged their longstanding role in Pakistan’s development.

Baker expressed confidence in Pakistan’s potential, noting the shared opportunities for the US in Pakistan’s sustainable development efforts. She reiterated the commitment to a long-term economic partnership with Pakistan.

The webinar served to inform US investors and companies about the investment potential in Pakistan’s mining sector, focusing on ongoing regulatory reforms aimed at attracting foreign investment.