Pakistan and Saudi Arabia have agreed to collaborate in the field of geological surveys. According to Engineer Abdullah Miftar Al-Shamrani, Head of the Saudi Geological Survey, this mutual cooperation will be advanced through the sharing of experiences and knowledge.
Pakistan seeks to benefit from its natural mineral reserves, which are estimated to be worth up to six trillion dollars. Geological surveys and scientific research not only reveal the characteristics of the land but also analyze the materials within it. Despite having significant deposits of salt, copper, gold, and coal, Pakistan holds only 0.1 percent of global mineral exports.
Engineer Abdullah Miftar Al-Shamrani informed that a meeting was held between officials of the Saudi and Pakistani survey departments, and both countries agreed on cooperation. This collaboration will help both countries by exchanging experiences, observations, and knowledge.
Saudi Arabia also sent a delegation to the Mineral Summit, which included government officials as well as investors. They held productive discussions with Pakistani companies and expressed their intention to continue exploring new opportunities in both countries.
Pakistan is home to vast reserves of gold and copper, especially in the southwestern region of Balochistan, where 5.9 billion tons of raw minerals are located in the Reko Diq mine. The development of these reserves is expected to have a positive impact on Pakistan’s economy.