Pakistan has excellent mineral potential including precious metals, dimension stones, industrial minerals, rock salt, coal, etc. but the potential has not been developed commensurately. Mismatch primarily due to capital intensive nature of investment.
Pakistan has a good edge for the gems and jewelry sector, the availability of gemstone as raw material is in abundance as well as the additional factor of low cost of production, talented, energetic, and hardworking artisans are the significant promising features for investment. The value addition at source by gem processing will be in the interest investors as the raw material will be readily available and processing can be made comparatively at lower cost.
- Pakistan Mineral Development Corporation offers joint ventures in following projects:
- Gold & Base Metals Exploration in the Northern Areas of Pakistan
- Coal Briquetting Plan
- Coal mining for small thermal power plants
- Production of Ultra Refined Salt
- The mining and quarrying sector grew by 7.6% in 2012-13 as against 4.6% for the year before.
- To date, over 1,400 mining concessions have been granted and the sector contributes 2.4$ to GNP.
The first Investment Policy by Board of Investment (BOI) was given in 1997 which opened services, social, infrastructure and agriculture sectors for foreign and local investors. It was a major step forward for integration of Pakistan’s economy into international markets as prior to this policy; foreign investment was restricted to manufacturing sector only. The 1997 Policy laid a solid foundation for the gains in FDI inflows experienced over the subsequent decade.
Foreign Direct Investment in Pakistan increased by 2761.10 USD Million in 2016. Foreign Direct Investment in Pakistan averaged 2651.26 USD Million from 2010 until 2016, reaching an all time high of 3184.30 USD Million in 2010 and a record low of 2099.10 USD Million in 2012.