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National mineral policy, 2012: Pakistan

01/06/2012 | Government of Pakistan

The main challenges the new National Mineral Policy (NMP-2) seeks to address revolve around the following five broad themes: Increasing the economic contribution of the mining sector to Pakistan’s economy through more private investment; Being competitive for scarce and mobile international capital for investment in the mining sector through a stable and enabling environment; Ensuring smooth operational and effective coordination between Federal and Provincial institutions in the implementation of the regulatory and legislative regime for the mining sector; Ensuring that the exploration for, and development and production of, Pakistan’s mineral resources are environmentally sustainable; and Encouraging small scale mining and local private participation in the development of the sector. This new policy serves as a clear and detailed representation of the objective of improving the international competitiveness of mineral sector. NMP-2 seeks to provide the basis for addressing these and other challenges, as well as responding to important government priorities and commitments.

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