ISLAMABAD: A Copenhagen-based multinational mining company, FLSmidth, will train 100 Pakistani engineers in mining, the Pakistani government said on Friday, amid Islamabad’s efforts to utilize the country’s vast mineral resources for economic gains.
The statement by Pakistan’s Press Information Department (PID) came after Petroleum Minister Ali Pervaiz Malik’s meeting with Danish Ambassador to Pakistan Jakob Linulf in Islamabad that focused on bilateral cooperation in the energy sector, particularly in mining and technological collaboration.
Malik recognized that FLSmidth’s advanced solutions in cement production, mineral processing and decarbonization align with Pakistan’s goals of increasing efficiency and reducing environmental impact in its extractive industries, according to the PID.
He emphasized the Pakistani government’s commitment to creating an investor-friendly environment and invited Danish companies, including FLSmidth, to explore partnerships with Pakistani firms during the Pakistani Minerals Investment Forum on April 8-9.
“FLSmidth will be launching a training program named BRIMM (Bradshaw Research Initiative for Minerals and Mining) under which hundred Pakistani engineers will be provided training,” the PID said, citing the Danish ambassador.
“FLSmidth has already entered into 5 partnership agreements in minerals sector of Pakistan.”
Pakistan’s landscape is a treasure trove of diverse mineral deposits from huge coal reserves in the southern Sindh province to gold and copper deposits in the southwestern Balochistan province. The northwestern Khyber Pakhtunkhwa province is home to several gemstone mines, including emerald mines in Swat, Mardan’s pink topaz mines, and peridot mines in Kohistan.
The South Asian country is currently making efforts to utilize these vast mineral resources through foreign investment and collaboration to stabilize its $350 billion economy.
Petroleum Minister Malik expressed Pakistan’s keen interest in leveraging Danish technology and investment to optimize resource extraction and processing as the South Asian country has significant mineral reserves. He extended his full support and offered the government’s good offices to facilitate Danish investment and technology transfer in Pakistan’s growing mining sector, according to the statement.
The ambassador reaffirmed Denmark’s support for Pakistan’s energy transition and industrial growth, and said they were looking forward to Pakistan Minerals Investment Forum.
“He noted that Danish companies are eager to share their expertise in green mining solutions, automation, and digitalization to help Pakistan achieve its economic and environmental objectives,” the PID said.
The meeting concluded with an agreement to facilitate further engagement between Pakistani stakeholders and Danish technology providers, with FLSmidth playing a pivotal role in advancing modern mining practices in Pakistan.
Danish firm to train Pakistani engineers as Islamabad seeks to exploit mineral resources
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Danish firm to train Pakistani engineers as Islamabad seeks to exploit mineral resources
- Pakistan’s landscape is a treasure trove of diverse mineral deposits from huge coal reserves to gold and copper deposits to gemstone
- The South Asian country is currently making efforts to utilize these vast mineral resources to stabilize its $350 billion fragile economy
Pakistan reviews austerity measures amid Middle East crisis, urges strict nationwide implementation
- Deputy Prime Minister Ishaq Dar chairs review meeting of austerity steps
- Officials briefed on salary cuts, school closures, four‑day week, petrol conservation
ISLAMABAD: Pakistan’s government on Wednesday assessed progress on a sweeping set of austerity measures introduced to mitigate the country’s economic strain from sharply rising global oil prices and supply disruptions linked to the ongoing war in the Middle East.
Prime Minister Shehbaz Sharif this week announced a series of austerity steps, including a four‑day work week for government offices, requiring 50 percent of staff to work from home, cutting fuel allowances for official vehicles by half, grounding up to 60 percent of the government fleet and closing all schools for two weeks to conserve fuel amid the global oil crisis.
The measures were unveiled in response to global oil market volatility triggered by the conflict involving the United States, Israel and Iran, which has disrupted supply routes such as the Strait of Hormuz and pushed crude prices sharply higher, straining Pakistan’s heavily import‑dependent energy sector.
“The meeting stressed the importance of strict and transparent adherence to the austerity measures, promoting fiscal responsibility and prudent use of public resources,” Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar said in a statement.
He was chairing a meeting of the Committee for Monitoring and Implementation of Conservation and Additional Austerity Measures, constituted under the directions of the PM, bringing together federal and provincial officials to review execution of the broad cost‑cutting plan.
Dar emphasized the government’s commitment to enforcing the PM’s austerity steps nationwide. The committee’s review also covered reductions in departmental expenditure, deductions from salaries of senior officials earning over Rs. 300,000 ($1,120), and coordination with provincial administrations to ensure uniform implementation of the plan.
Participants at the meeting reiterated that all ministries and divisions must continue strict monitoring and reporting, with transparent oversight mechanisms, as Pakistan navigates the economic pressures from the prolonged Middle East crisis and its fallout on global energy and trade markets.
