Pakistan, Australia explore deeper energy and mining ties amid growing investor interest

Federal Minister Ali Pervaiz Malik and Australian envoy Neil Hawkins discuss investment, technology exchange, and training collaborations to boost Pakistan’s energy security and mineral development.

ISLAMABAD: In a significant step towards strengthening bilateral ties, the Australian High Commissioner to Pakistan, Neil Hawkins, has proposed an ambitious collaboration between Australian universities, mining companies, and Pakistani institutions to deliver specialized training programs in modern mining techniques.

This initiative aims to build local expertise and advance the development of Pakistan’s mining sector, which remains an untapped pillar of the country’s economy.

The proposal was made during a meeting with Pakistan’s Federal Minister for Petroleum, Ali Pervaiz Malik, held on Monday at the Ministry of Petroleum in Islamabad. The discussions between the two dignitaries focused on broadening bilateral cooperation in the energy and mining sectors, with particular emphasis on investment, technology transfer, and skill development.

High Commissioner Hawkins lauded Pakistan’s recent economic progress under Prime Minister Shehbaz Sharif’s leadership, noting the improved current account surplus and policies that have encouraged profit repatriation. He highlighted that these economic gains have restored the confidence of multinational firms operating in Pakistan and have created a conducive environment for foreign investment.

Expressing strong interest from Australian mining companies, Hawkins pointed out the significant potential of Pakistan’s mineral-rich regions, especially in resources such as copper, gold, and rare earth elements. He underscored that specialized training and technological collaboration could enable Pakistan to harness these resources more efficiently and sustainably.

Minister Ali Pervaiz Malik welcomed the proposal, appreciating Australia’s advanced mining expertise and technical acumen. He reaffirmed Pakistan’s commitment to enhancing energy security and industrial growth, stating that the country seeks partnerships that not only bring investment but also strengthen local human resource capabilities. “Pakistan values Australia’s advanced mining capabilities. We welcome partnerships that build local capacity and attract investment in our mineral and energy sectors,” Malik remarked.

The meeting concluded with a mutual understanding to strengthen institutional linkages, explore joint ventures in energy and mining, and collaborate on initiatives that would foster mutual economic growth. Both sides agreed to maintain regular engagement to translate these proposals into practical, actionable collaborations.

Ahmad Ahmadani
Ahmad Ahmadani
The author is a an investigative journalist at Profit. He can be reached at [email protected].

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