Prime Minister Shehbaz Sharif extends a warm invitation to Chinese firm MCC Tongsin Resources, urging them to explore opportunities in Pakistan's thriving mining sector. He assures the firm of unwavering support and facilitation.
The mining and minerals industry holds a prime spot in the Strategic Investment Framework of Pakistan, witnessing substantial growth over the past year.
MCC Tongsin Resources, a subsidiary of the esteemed China Metallurgical Group Corporation (MCC Group), stands as a leading exploration and investment entity globally, expressing a keen interest in expanding its footprint within Pakistan's mining landscape. During discussions with the Prime Minister, the firm provided a comprehensive overview of Pakistan's mining potential and outlined future investment strategies.
This initiative not only aims to bolster economic ties between Pakistan and China but also underscores Pakistan's commitment to ensuring the safety and security of Chinese nationals operating within its borders.
With China already having injected over $65 billion into energy and infrastructure ventures through the China-Pakistan Economic Corridor (CPEC), this move further solidifies the bilateral relationship.
Recent engagements with diplomatic and business representatives from countries like Saudi Arabia, Japan, Azerbaijan, and Qatar highlight Pakistan's proactive approach in attracting foreign investment, with the Strategic Investment Framework playing a pivotal role in fostering such collaborations.