Chinese investors have expressed interest in the mineral sector of Khyber Pakhtunkhwa (KP). A delegation representing Chinese and local investors met Dr Syed Sarfaraz Ali Shah, Adviser to the KP Chief Minister on Minerals, to explore investment prospects and Pak-China cooperation in mining.
Talks focus on mining and local processing plants
During the meeting, participants discussed investment opportunities, the development of mineral resources and the use of modern technology to improve mining and processing work. Chinese investors showed strong interest in the province’s mineral potential and looked at ways to work with local stakeholders.
Dr Syed Sarfaraz Ali Shah said the Chinese investors would carry out mining to extract raw minerals in the province. He added that they also planned to set up processing plants in Khyber Pakhtunkhwa so that raw minerals could be processed locally.
The proposed initiatives are intended to attract investment, bring in modern technology and deepen cooperation between Pakistani and Chinese investors in the sector.
Finance minister holds talks with US Treasury official
Earlier, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met Francis Brooke, Deputy Secretary at the United States (US) Department of the Treasury, to discuss economic cooperation. The finance minister briefed the US side on Pakistan’s macroeconomic stabilisation efforts, its planned return to international capital markets and its external debt management strategy.
He also pointed to investment opportunities in the minerals and energy sectors and updated the Treasury leadership on progress in digital finance and virtual asset regulation.
