Skip to main content

Two Balochistan mineral firms made autonomous


QUETTA: The Balochistan government has decided to make two recently established mineral exploration companies autonomous.

Presiding over a meeting on Wednesday, Chief Minister Jam Kamal Khan Alyani reviewed the affairs of mineral companies, inclu­ding the Balochistan Mineral Explo­ration Company and Balochistan Mineral Resources Company.

The meeting decided to provide legal protection to these companies for making mineral projects under public-private partnership and getting mining leases by introducing new clauses in their rules.

Provincial Mines and Mineral Development Secretary Zafar Bukhari briefed the meeting on affairs and objectives of the two companies.

Government will provide legal cover to Mineral Exploration Company and Mineral Resources Company

The chief minister told the meeting that the objective of establishing these companies was to explore and develop mineral resources in Balochistan and utilising these resources for economic stability of the province.

He said several countries having mineral resources have developed by adopting better policies and using latest technology.

We need to evolve a comprehensive mineral policy and using modern technology for developing our mineral resources,” Mr Alyani said.

The chief minister directed the authorities to induct experts in the board of directors of mineral companies for making them more effective.

“Establishment of these companies will improve and transform the mining sector in Balochistan and enable the province to make rapid development in the mineral sector,” he added.

Mr Alyani said the private sector should be included in three marble city projects under the public-private partnership and cooperation should be sought from international companies for conducting surveys for exploration of minerals.

The mines and minerals development secretary informed the meeting that the Securities and Exchange Commission of Pakistan has registered the Balochistan Mineral Resources Company.

The Board of Directors of the company would be established soon, he added.

Mr Bukhari said the Balochistan government had 90 per cent share and the federal government would have 10pc in both the companies and an agreement had already been signed in this regard. He said Rs3.2 billion funds will be provided to the companies during the first two years. The Balochistan government has allocated Rs1.44bn for the mines and mineral sectors.

He informed the meeting that Rs100 million had been allocated for Mines Resource Mapping, Rs300m for training of officers, Rs70m for installation of digital mines, Rs500m for establishment of a mineral complex and Rs10m for setting up of Duki mining resource centre.

Mr Bukhari said that the federal government had also allocated Rs300m for establishing a metal park.

Plants will also be set up at a cost of Rs2,300m at Muslim Bagh Chromite processing plant, Coal Washing Plant at Quetta, barite grinding Plant at Lasbela and marble cutting plants at Dalbandin, Khuzdar, Loralai and Bela, he said.

Information Secretary Shah Irfan Gharsheen, finance department’s special secretary Lal Jan Jaffar, the director general of mines and minerals department and other officials concerned also attended the meeting.

Published in Dawn, September 3rd, 2020


Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger ,  Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018  43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found  here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and