This paper presents a scenario for mineral
resources and development in this sector in Pakistan. Moreover it mainly comprises
of the policies regarding the location of minerals, their extraction, and at the
end there are some important suggestions for the Chinese companies as far as the
investment point of view is concerned. Regardless of Pakistan’s two successive mineral
policies and abundant mineral resources, this sector’s contribution to overall GDP
of country is not sufficient. The reasons may be; inadequate monitoring and evaluation,
lack of community base resources management programs, insufficient tax compliance,
political instability, weather related problems, insecurity within mineral rich
areas and lack of foreign investment in the country. However, there is still room
for improved technical and economic analysis of the sector as well as tremendous
opportunities for Joint Venture Agreement with other emerging economies and international
private partners. China has its own importance and reorganization in the world due
to its economic growth and production. Pakistan
and China both countries have very good relation from the beginning. Both countries
help each other, if there is any need of help. There is still time to realize
the national development benefits from the sector.
Cite this paper
M. Sohail, D. Huang, E. Bailey, M. Akhtar and M. Talib, "Regulatory Framework of Mineral Resources Sector in Pakistan and Investment Proposal to Chinese Companies in Pakistan," American Journal of Industrial and Business Management
, Vol. 3 No. 5, 2013, pp. 514-524. doi: 10.4236/ajibm.2013.35059
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