ISLAMABAD: Senate Chairman Muhammad Sadiq Sanjrani on Monday held a productive meeting with a high-level delegation from China Metallurgical Group Corporation (MCC) in Beijing that centered around increasing cooperation in the mineral sector. During the meeting, both sides discussed matters of mutual interests, acknowledging the vital role of mineral resources in the economic growth of Pakistan.
The Senate chairman expressed his admiration for the MCC’s contributions to Pakistan and commended their remarkable work, assuring the delegation of his full support in promoting the mineral sector in the country. He extended an invitation to the MCC delegation to visit Pakistan, underscoring the importance of their continued support in the country’s economic development. Sadiq Sanjrani further recognized the MCC’s remarkable achievements in transforming the Duddar Project into a profitable and prosperous endeavour that significantly benefited the local population.
The meeting witnessed the proposal of a groundbreaking new project in Chagai, operating under the auspices of an Export Processing Zone (EPZ). The Senate chairman pledged to invite key officials, SIFC (Special Investment Facilitation Council)representatives, and the MCC Chief to the grand launch event in Chagai.
The MCC delegation reaffirmed its commitment to Pakistan, indicating a willingness to invest further in the mineral sector, with a special emphasis on Balochistan and Khyber Pakhtunkhwa.
To facilitate and elevate the mineral sector, the delegation suggested the establishment of an Export Processing Zone (EPZ) for metal mining, which would undoubtedly stimulate growth and innovation in the sector.
In a move set to generate numerous job opportunities and contribute to the nation’s foreign exchange earnings, the MCC also proposed the creation of a mineral-based industrial park within Pakistan. –Agencies
