Sunday, 30 June 2024, 09:04:54 pm

SIFC's efforts paving way for export of salt
June 28, 2024

The efforts on the part of Special Investment Facilitation Council (SIFC) are paving the way for export of salt from Pakistan.

Pakistan's salt deposits from mines are the second largest in the world, while salt is also obtained in abundance from the sea.

The processing and export of salt obtained from the sea was not given special attention in the past, which was taken up by the Hub Salt Company as an unsolicited proposal.

The proposal, which had been lying dormant for two years, was raised at the SIFC forum. SIFC brought together all the stakeholders to consider the proposal and highlight the national and international importance of the project.

Taking into consideration the concerns, concerns and needs of all stakeholders, the SIFC proposed a workable solution that created a win-win situation for all parties. Work on this multi-billion dollar project is expected to be started in the next one to one and a half year. 

The initial volume of the salt obtained from the coastal areas of Pakistan is two million tons per year, which has the potential to increase to twenty million tons per year.