PESHAWAR: The Khyber Pakhtunkhwa government has announced plans to modernize the mining industry, signaling an end to traditional methods. Recognizing the urgency to harness precious mineral resources more efficiently, officials have committed to swift action.
Under the new strategy, strict measures will be enforced to curb illegal mining activities, including the establishment of a dedicated mining police force. Furthermore, crackdowns on illegal riverbank mining will target owners rather than laborers, with confiscated machinery set for auction.
To boost local employment, mining companies will be mandated to establish processing plants within the province. Surveillance will also be heightened with the installation of CCTV cameras across mineral lease areas.
With a focus on economic growth, the government aims to attract foreign investment by enhancing the ease of doing business in the mineral sector. A state-of-the-art Gems and Jewelry City is set to grace Peshawar, offering modern facilities and laboratories.
A landmark decision to establish an international standard Mineral Development and Management Company underscores the government’s commitment to modernizing the sector. This move is poised to not only amplify annual revenue but also entice international investors and streamline regulatory processes.
Through legislative amendments and strategic investments, Khyber Pakhtunkhwa is poised to unlock the full potential of its mineral wealth, ushering in a new era of prosperity and development.
