To bring modernization to the mining sector and take full advantage of the mineral resources, the government in Balochistan will be establishing a ‘Metal Park’ in the province.
In this regard, the Chief Secretary of Balochistan Mathar Niaz Rana said that modernization is the need of the hour in the mining sector of the resource-rich province.
“Balochistan has more mineral resources than any other province in the country,” Mathar said while speaking at a one-day seminar on ‘Establishment of Metal Park in Balochistan’. The seminar was organized by the Ministry of Industries on Tuesday.
The chief secretary shared that at the present moment, work is being done on more than three dozen mineral deposits on a limited scale at 1,800 places in the province, adding that the work cannot be expanded due to some unavoidable reasons.
While informing about those reasons, Mathar said that the limitation of data on geological resources and the lack of mineral development processing units are hindering the expansion of this work. These reasons have been identified by the Provincial Department of Minerals and Mineral Development.
“According to an estimate, Balochistan has 50 percent of the country’s mineral resources, but its share in the total mineral production is only 5pc. So far work has been done only on 29 of the 50 types of minerals and the share of nine types of minerals is 95pc,” the chief secretary shared.
He said the federal government was helping to set up a Metal park in Balochistan.
The project would help in changing the destiny of the province and will provide employment opportunities to the people in the province and will also have a very positive impact on the provincial and national economy, said Niaz.