islamabad
\nPrime Minister Shehbaz Sharif has expressed confidence that Pakistan will become one of the world\u2019s major economies before 2050, saying Goldman Sachs has forecast that the country could become the world\u2019s sixth-largest economy by 2075.
\nHe was addressing participants of the Pakistan Minerals Investment Forum 2026 on Friday.
\nPakistan\u2019s economy, the premier said, is moving towards a journey of growth and transformation with renewed confidence.
\nHe said the country aimed to stop exporting its valuable mineral resources in raw form, adding that the resources would instead be utilised for domestic industries.
\n\u201cThe day is not far when Pakistan will utilise its mineral resources for the country\u2019s downstream industries,\u201d PM Shehbaz said, adding that the country does not merely want to extract raw minerals and export them abroad.
\nReferring to the Reko Diq project, he said it is one of the world\u2019s largest undeveloped copper and gold deposits.
\nThe project, which remained stalled for two decades, is moving towards practical completion and the operational phase, he added.
\nThe prime minister said the establishment of the National Minerals Data Centre and digitisation of geological records would ensure the availability of authentic information.
\nHe said the federal and provincial governments would work together to promote the minerals sector.
\nThe prime minister said the government is committed to providing the business community with all necessary support to promote investment.
\nHe said the government would work as one team to protect investors\u2019 interests, adding that the protection of investors is the government\u2019s protection and their security is its security.
\nPM Shehbaz further stated that the cooperation and trust of local communities were essential for the success of mineral projects.
\nHe said protecting manpower, assets and supply routes is the government\u2019s responsibility.
\nMoreover, he said reliable infrastructure for electricity, water and communications is essential for investment.
\nHe also assured investors that he would ensure the swiftest possible movement of files held up in connection with investment.
\nCalling the younger generation the country\u2019s valuable asset, the prime minister said Pakistan\u2019s youth are educated, talented and determined.<\/p>\n
CDF vows to ensure security of mining ecosystem
\nSpeaking on the occasion, Chief of Defence Forces (CDF) and Chief of Army Staff (COAS) Field Marshal Syed Asim Munir has said that Pakistan aims to become a competitive destination for long-term mineral investment.
\nHe said that all possible measures are being taken to ensure the security of the entire mining ecosystem.
\nMines and miners, investments, industries, projects and all associated people would be provided adequate protection, he added.
\nThe CDF said that harnessing Pakistan\u2019s mineral wealth is a collective national objective.
\nHe emphasised that the country\u2019s goal is not merely to export raw materials but to develop the entire value chain, including refining and manufacturing.
\n\u201cPakistan seeks to foster long-term partnerships that create sustainable economic value for the country and its partners.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
islamabad Prime Minister Shehbaz Sharif has expressed confidence that Pakistan will become one of the world\u2019s major economies before 2050, saying Goldman Sachs has forecast that the country could become the world\u2019s sixth-largest economy by 2075. He was addressing participants of the Pakistan Minerals Investment Forum 2026 on Friday. Pakistan\u2019s economy, the premier said, is …<\/p>\n","protected":false},"author":4,"featured_media":105900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"class_list":["post-105917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/105917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=105917"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/105917\/revisions"}],"predecessor-version":[{"id":105929,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/105917\/revisions\/105929"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/105900"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=105917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=105917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=105917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}