Islamabad: According to media sources, Petroleum Secretary Dr Arshad Mahmood briefed Prime Minister Imran Khan on the ‘Strategic Plan for Mineral Development’ during a review meeting on Monday (October 11).
Technical outreach, economic incentives, database building, training of indigenous human resources, and harmonising provincial and federal government initiatives are all part of the strategy plan, according to materials shared about it.
During the meeting, Prime Minister Khan directed the responsible authorities to reach the Mineral Development Framework (MDF) targets in order to reap the benefits of natural resources and minerals. He stressed that the Special Economic Zones (SEZs) being developed under the China Pakistan Economic Corridor (CPEC) should be supplied with tax reduction, electricity, gas, and other amenities.
Furthermore, the prime minister stated that the mineral sector has enormous potential and offers excellent returns on investment because it contributes to overall economic growth. He went on to say that implementing a mineral development framework requires a collaborative effort between the provincial and federal governments.
PM Khan also ordered the appointment of a focal point to facilitate collaboration between the provincial and federal ministries. The prime minister gave the order to meet the defined goals within the timeframes allotted.