Balochistan holds first meeting of mineral investment facilitation authority

The inaugural meeting of the Mineral Investment Facilitation Authority was held under the chairmanship of Provincial Finance Minister Mir Shoaib Nosherwani

QUETTA, (APP - UrduPoint / Pakistan Point News - 22nd Apr, 2026) The inaugural meeting of the Mineral Investment Facilitation Authority was held under the chairmanship of Provincial Finance Minister Mir Shoaib Nosherwani.

The session brought together key stakeholders, including Parliamentary Secretary for Forests Sardar Masood Khan Luni, Provincial Advisor for Environment Naseem-ur-Rehman, Mines Secretary Syedal Luni, Director General Mines Abdullah Shahwani, and President of the Mines Owners Association Mir Behrz Reki, along with other senior officials.

The meeting focused on a detailed review of the Mines Act and discussed practical measures to address the concerns raised by the Mines Owners Association. It was decided that royalties and taxes imposed on the mining sector will be reassessed and aligned with the rates applicable in other provinces of Pakistan.

Participants also agreed on the need to equip the mining sector with modern technology and machinery to enhance efficiency and productivity.

Another key decision was to formulate comprehensive strategies and new policies for miners’ safety, ensuring better protection and working conditions.

The committee resolved to hold meetings every two months to ensure continuous progress and improvement in the mining sector.

Speaking during the meeting, Finance Minister Nosherwani described the mining sector as the backbone of Balochistan’s economy. He pledged that the government would take all possible steps to promote investment, strengthen the sector, and safeguard the rights of workers.

He emphasized that reforms in the taxation system and the adoption of modern technology would provide a stronger and more organized foundation for the industry, ultimately creating greater employment opportunities for the people of the province.