PM Calls on Local and Foreign Investors to Partner in Pakistan’s Minerals Sector

Lahore (RNN TV) — Prime Minister Shehbaz Sharif reiterated Pakistan’s dedication to economic revival and technological progress during the ‘Health Engineering and Minerals Show’ hosted by the Trade Development Authority of Pakistan (TDAP) in Lahore.

The event brought together key players from both local and international markets. PM Shehbaz emphasized that the government’s goal is to offer young people opportunities to explore Pakistan’s untapped potential across sectors such as information technology, artificial intelligence, engineering, agriculture, pharmaceuticals, and minerals.

In his address, the Prime Minister highlighted that more than 60% of Pakistan’s population is youth, who are now gaining proficiency in modern technologies and professional training. “Our youth are intelligent, capable, and full of untapped potential,” he remarked, adding that Pakistan’s future depends on innovation, research, and development.

Economic Milestones and Policy Reforms

The Prime Minister noted several key economic achievements, including:

• Inflation has decreased significantly, from 38% to 1.5%.

• The policy rate has been reduced from 22.5% to 12%.

• Electricity prices have been lowered to support industrial growth and domestic affordability.

“These steps are part of our long-term strategy to create a favorable investment climate,” he said. “We invite both local and international partners to engage in joint ventures, particularly in the minerals and mining sector.”

Showcasing Pakistan’s Resources and Innovation

The exhibition featured numerous stalls displaying pharmaceuticals, agricultural machinery, gems, jewelry, and precious stones. PM Shehbaz described the showcase as a “magnificent display” of the country’s natural and industrial wealth. He also highlighted Pakistan’s strong business ties with countries such as China, those in Africa, Europe, and the United States.

“Pakistan, especially regions like Balochistan and Khyber Pakhtunkhwa, is rich in natural resources. This is the right time to tap into these resources and form partnerships that lead us to shared prosperity,” he said.

Provincial Contributions and Optimism for the Future

The Prime Minister acknowledged the contributions of Punjab Chief Minister Maryam Nawaz and Sindh Chief Minister Murad Ali Shah, praising their exemplary efforts in driving provincial development and supporting youth empowerment.

PM Shehbaz concluded on a hopeful note, saying, “Pakistan is back on the path of development and prosperity. Through joint ventures, modern technology, and a skilled youth workforce, we will guide the country toward a brighter, self-reliant future.”

International Partnerships and MoUs

Federal Minister for Commerce Jam Kamal also spoke at the event, highlighting that the exhibition would pave the way for joint projects in the minerals sector. Several agreements and memorandums of understanding (MoUs) were signed during the exhibition, reflecting increasing international confidence in Pakistan’s economy.

Source: Web Desk