ISLAMABAD: The Minerals Complex has been established with the facilitation of Special Investment Facilitation Council (SIFC) for the stabilization of the country’s economy.
According to the report, the Minerals Complex has been established under the Anfal Group,with the support of SIFC for the exploration of minerals.
A work order has been issued to the Anfal Group with an initial investment of $150 million through close coordination between SIFC and the Punjab Government.
Under this project, Pakistan is expected to save $2.9 billion annually in chemical imports. This project will provide new opportunities for the export of important chemicals including ‘rock salt’.
This SIFC project will increase the capacity of Pakistan’s mineral sector as well as the chemical sector. This investment success will increase the country’s industrial development and economic prosperity.
CEO Anfal Cement Limited, Zahid Nadeem, said that SIFC’s full support in obtaining a rock salt exploration license for Anfal Cement Limited is commendable. This project will provide new opportunities for foreign investment, industrial development and employment.
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