Minister for Petroleum Ali Pervaiz Malik has said that Pakistan Minerals Investment Forum commencing tomorrow is aimed at highlighting the investment potential in Pakistan's mineral resources. 

Addressing a news conference along with Managing Director OGDCL Ahmed Hayat Lak in Islamabad, he said that a harmonized framework will be unveiled at the investment forum to attract investment in the mining sector, emphasizing that this has been prepared after due consultations. He said this framework enjoys the support of all provincial governments.

He said our focus is to promote sustainable and responsible mining.

The Minister for Petroleum said that participation from different countries including Turkiye, China, Azerbaijan, Saudi Arabia, the US, Denmark, Finland, Kenya and the UK is expected at the forum. He said three hundred foreigners are expected to attend the forum.

Ali Pervaiz said that MOUs and agreements including skill development in the mining sector will also be signed during the investment forum.

The Minister for Petroleum said Minerals Investment Forum will envisage technical sessions as well as exhibition showcasing technological solutions.

In his remarks, the Managing Director OGDCL said response to the investment forum is overwhelming. He said Pakistan has emerged as a serious destination for mineral sector. He said this investment forum will be made a regular annual forum from now onwards.

Responding to a question, Ahmed Hayat Lak said the first phase of Reko Diq project will be completed by 2028, bringing in the revenue stream. The second phase of Reko Diq will be completed by 2034.