Startup Pakistan’s Post

Exciting news from Islamabad! Pakistan and Miracle Saltworks Collective Incorporation, a US company, have inked a deal to enhance the value of Himalayan Pink Salt and boost exports. Caretaker Prime Minister Anwaar-ul-Haq Kakar hailed this agreement as a game-changer for our economy, showcasing foreign investors' trust in our policies with a whopping $200 million investment. Highlighting the importance of maximizing our mining sector's potential, PM Kakar emphasized the government's efforts in simplifying procedures and providing support to investors through the Special Investment Facilitation Council. Caretaker Energy Minister Muhammad Ali outlined plans for a state-of-the-art plant to process pink salt for export, aiming to tap into Pakistan's abundant reserves. With ambitions to elevate minerals' contribution to our economy to five percent within five years, the focus extends to minerals like copper, gold, silver, and more, with untapped reserves awaiting exploration, including nickel, lithium, and cobalt. #PakistanEconomy #InvestmentOpportunity #MiningSector #EconomicGrowth #Pakistan #export #minerals #event #investors #project

Exciting news from Islamabad! Pakistan and Miracle Saltworks Collective Incorporation, a US company, have inked a deal to enhance the value of Himalayan Pink Salt and boost exports. Caretaker Prime Minister Anwaar-ul-Haq Kakar hailed this agreement as a game-changer for our economy, showcasing foreign investors' trust in our policies with a whopping $200 million investment. Highlighting the importance of maximizing our mining sector's potential, PM Kakar emphasized the government's efforts in simplifying procedures and providing support to investors through the Special Investment Facilitation Council. Caretaker Energy Minister Muhammad Ali outlined plans for a state-of-the-art plant to process pink salt for export, aiming to tap into Pakistan's abundant reserves. With ambitions to elevate minerals' contribution to our economy to five percent within five years, the focus extends to minerals like copper, gold, silver, and more, with untapped reserves awaiting exploration, including nickel, lithium, and cobalt. #PakistanEconomy #InvestmentOpportunity #MiningSector #EconomicGrowth #Pakistan #export #minerals #event #investors #project

Bandar I. Alkhorayef, Saudi Ministry of Industry and mineral resources, recently highlighted the significance of the "National Minerals Program" in boosting supply chain quality and efficiency. Approved by the Council of Ministers, the program aims to ensure a continuous supply for local industries and major projects. Al-Khorayef emphasized that the initiative will drive sector growth and optimize the Kingdom's mineral wealth. This strategic move aligns with Saudi Arabia's goal of making mining the third pillar of the national industry, showcasing the leadership's commitment to sector development. #SaudiArabia #MineralResources #IndustryDevelopment

Pakistan and Miracle Saltworks Collective recently sealed a $200 million deal in Islamabad aimed at enhancing the export value of Himalayan Pink Salt, signifying foreign investor confidence in Pakistan's economic policies. During the signing event, Caretaker Prime Minister Anwaar-ul-Haq Kakar highlighted the importance of maximizing the country's mining sector to spur economic growth, emphasizing the government's commitment to facilitating investors through clear regulations and simplified procedures, supported by the establishment of a Special Investment Facilitation Council. This initiative not only underscores the potential of Pakistan's mineral wealth but also signals a concerted effort towards economic diversification and sustainable development. #Pakscience #Pakistan #export #minerals #investment

For a long time, #SouthAfrica has hinged its #prosperity on #gold. Recent decades, however, have seen #production of gold wane dramatically. Having enjoyed significant local #growth in production and #sales over the last decade, #manganese is now affirming itself as the leader of South Africa’s #mineral #renaissance.

For a long time, #SouthAfrica has hinged its #prosperity on #gold. Recent decades, however, have seen #production of gold wane dramatically. Having enjoyed significant local #growth in production and #sales over the last decade, #manganese is now affirming itself as the leader of South Africa’s #mineral #renaissance.

Get ready for an economic boom! Saudi administration anticipates a staggering $20 billion in agreements at the annual minerals conference in Riyadh this week. Get the inside scoop from our latest blog. 💰🌐 #SaudiEconomy #MineralsConference #EconomicDevelopment

Pakistan and Miracle Saltworks Collective Incorporation, an American company, signed a deal in Islamabad to enhance the value of Himalayan Pink Salt and boost its exports. Caretaker Prime Minister Anwaar-ul-Haq Kakar stated that the $200 million investment is a significant development for the country's economy, showcasing foreign investors' trust in Pakistan's economic policies. Emphasizing the importance of the mining sector, Kakar highlighted the government's efforts to simplify rules and procedures for investors. A Special Investment Facilitation Council has been established to assist investors. The government aims to support investors and increase the contribution of minerals to the economy, including pink salt and other reserves like copper, gold, silver, chromite, lead, zinc, graphite, nickel, lithium, and cobalt. #Pakistan #export #minerals #investment #project #sparkpakistan

How to Avoid Dutch Disease? The two primary strategies that can help solve Dutch disease are listed below: 1, Deceleration of domestic currency appreciation The deceleration of currency appreciation is an easier and more viable strategy to prevent the adverse effects of Dutch disease. It can sometimes be achieved by smoothing the spending of revenues earned from the export of natural resources. One of the most common methods to do so is the creation of a sovereign wealth fund. Many developed and developing countries, including Australia, Canada, Norway, and Russia, manage large sovereign wealth funds. Sovereign wealth funds aim to stabilize the inflows of capital into the economy to prevent it from overheating and causing significant currency appreciation. Excess revenues can be spent on education or infrastructure that will help to diversify the economy. 2. Diversification of the economy The diversification of the economy is a strategy that can almost eliminate the negative impact of Dutch disease on the economy. Economic diversification can be achieved by subsidizing lagging sectors of the economy or establishing tariffs to support domestic producers. Source: https://lnkd.in/gre3u4A5 #Sovereignwealthfund #Economicdivwrsification

Gifts of Nature i.e. Minerals!! Almighty Allah blessed Pakistan with abundance natural and mineral resources. Now, it's up to PAkistani Government and people to get benefit by establishing processing industries and export this gold (Minerals) to the world. You may find details in the post on #tracerworld page. #Almighty #nature #minerals #reserves #technology #industry #economy