Govt committed to mineral economy development, PM and Army Chief dedicated to economic growth
\n Islamabad
\nThe Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board, and the President and former provincial minister, Mian Zahid Hussain, stated on Friday that the government is dedicated to advancing the mineral economy.
\nHe stated that both the Prime Minister and the Army Chief are diligently working towards economic development, which has resulted in positive outcomes.
\nMian Zahid Hussain said that the discovery of large deposits of gold and copper in Balochistan is a significant development which can pave the way for rapid economic growth.
\nTalking to the business community, the veteran business leader said that Prime Minister Shahbaz Sharif realizes that the mineral sector has been waiting for attention for years.
\nBy developing this sector worth trillions of dollars, borrowing can be stopped, which will enable the country to say goodbye to the IMF and other international institutions.
\nMian Zahid Hussain said that Army Chief Syed Asim Munir is also taking a special interest in developing the country\u2019s economy and has assured that the Pakistan Army will provide foolproof security for the interests and protection of investors.
\nMian Zahid Hussain said that Pakistan is a country rich in mineral resources. There are countless valuable minerals hidden under its soil that can change the state of the country\u2019s economy. Still, this sector has never been given importance.
\nPakistan\u2019s mineral resources include salt, coal, oil, gas, copper, gold, chromite, marble, and gypsum. These resources meet the country\u2019s needs and earn valuable foreign exchange through exports.
\nHe said Balochistan has vast coal reserves, while the Thar region has large coal reserves, which have been used to overcome the energy crisis. Thar coal has been used for the past few years, changing the region\u2019s fate.
\nHe noted that the Sindh provincial government\u2019s performance in this regard is commendable. Mian Zahid Hussain said that natural gas has also been meeting the country\u2019s energy needs for decades.
\nIn addition to gas and oil, Pakistan also has vast reserves of marble, granite, and gemstones, which are used in the construction industry and are important for exports.
\nIn addition, Pakistan has unlimited reserves of lime, which is used in making cement. Pakistan can earn huge foreign exchange by exporting cement to the whole world.
\nMian Zahid Hussain said outdated methods are used to extract minerals, which wastes 25 to 60 percent.
\nIf these deposits were extracted with modern technology, they could strengthen the economy, create significant employment opportunities, and raise people\u2019s standard of living.
\nThis is why our enemies want to use misguided people to keep Pakistan from progressing through terrorism. Pakistan\u2019s destiny is survival, progress, and prosperity, and all must work together to defeat the enemy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Govt committed to mineral economy development, PM and Army Chief dedicated to economic growth Islamabad The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board, and the President and former provincial minister, Mian Zahid Hussain, […]<\/p>\n","protected":false},"author":2,"featured_media":418156,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-471944","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n