Islamabad, March 28: The federal government is set to launch the National Minerals Harmonisation Framework 2025 at the Pakistan Minerals Investment Forum 2025 (PMIF25), scheduled for April 8-9 in Islamabad.
This initiative seeks to streamline mining regulations across provinces and establish an investor-friendly mineral policy to attract both domestic and foreign investment.
Key Objectives of the Framework
The framework has been developed in collaboration with provincial governments, Azad Jammu and Kashmir (AJK), and Gilgit-Baltistan (GB). It aims to:
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Create a uniform regulatory structure for mining.
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Ensure safety and environmental sustainability.
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Enhance efficiency in resource extraction.
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Foster strategic international partnerships.
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Encourage Foreign Direct Investment (FDI) through tax incentives and fast-tracked licensing procedures.
Stakeholder Involvement
The policy has been developed through extensive consultations with:
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Provincial governments, ensuring alignment with regional priorities.
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Mining companies and industry associations, including both large- and small-scale operators.
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State-owned enterprises, to facilitate smooth adoption and implementation.
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The Ministry of Law and Justice, which ensured the framework aligns with existing legislation and avoids potential disputes.
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The Council of Common Interests (CCI), which provided legal oversight.
Chile’s Mining Success as a Model
The framework draws inspiration from Chile, where structured mineral policies helped attract global investments, streamline licensing processes, and promote sustainability.
Chile’s reforms transformed it into the world’s largest copper producer, generating jobs, infrastructure development, and green technology adoption.
Pakistan’s Mineral Wealth and Investment Potential
Pakistan is rich in untapped mineral resources valued at over $6 trillion, including:
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Copper
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Iron
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Gold
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Marble
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Gypsum
PMIF25 will serve as a platform to showcase these resources to global investors, industry leaders, and policymakers. The forum will highlight:
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Policy reforms.
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Infrastructure advancements.
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Investment-friendly initiatives.
Aiming for a Global Role in Sustainable Mining
With modernized regulations and strategic partnerships, Pakistan aims to position itself as a global leader in sustainable mining and resource development.
The backing of the Special Investment Facilitation Council (SIFC) will further support efforts to make Pakistan a preferred mining destination.