Tuesday, October 8, 2024
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Miracle Saltworks Collective Inc. USA plans to Invest $200M in Pakistan Minerals

A delegation of American investors, led by Ahmad Nadeem Khan, President and Chairman of the Board of Directors at “Miracle Saltworks Collective Inc. USA,” met with Chairman Senate of Pakistan, Muhammad Sadiq Sanjrani, at the Parliament House today.

The discussions revolved around mutual interests, primarily focusing on boosting trade and business relations between the two countries.

The American investors expressed keen interest in exploring and investing in various sectors within Pakistan. Miracle Saltworks Collective Inc. USA, specializing in the mining and crafting of Himalayan Salt, plans to invest $200 million in collaboration with the Pakistan Mineral Development Corporation.

Chairman Senate urged the investors to explore untapped mineral resources, especially in Balochistan, and invited them to engage in joint ventures with local counterparts.

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Chairman Senate warmly greeted the American delegation, highlighting Pakistan’s extensive business potential. Recognizing the United States as Pakistan’s largest business partner, he emphasized the favorable business environment and the vast consumer market awaiting investment opportunities.

Chairman Senate presented Pakistan as an attractive destination for investors, citing its large consumer base and the potential for mutually beneficial economic growth. He applauded the positive contributions of the Pakistani diaspora in the United States, recognizing their efforts in the development of Pakistan and their constructive role in American society.

Emphasizing the importance of increasing such investor visits, he aimed to foster stronger ties between the two nations. The Chairman Senate also informed that the Parliament of Pakistan has taken legislative measures for boosting trade and investment in the country with particular reference to the foriegn investment.

Gwadar Port was highlighted as a potential game-changer in terms of regional connectivity and trade, further strengthening Pakistan’s position as a strategic partner. Chairman Senate reiterated Pakistan’s commitment to nurturing and enhancing relations with the United States.

Chairman Senate also hosted a reception in honor of the visiting delegation. Deputy Chairman Senate, Mirza Muhammad Afridi, Senator Kauda Babar, Senator Mohammad Abdul Qadir and Senator Syed Ali Zafar also attended the reception.

Visting delegation also included:

  • Robert Harrison, Chief Executive Officer
  • Muhammad Mubarik Khan, Chief Communication Officer, Vice-Chairman
  • Tad Ballantyne, Vice President, Global Finance
  • Jeffery Meilander, Vice President, Operations
  • Martyn Element, Director Board Member
  • Luquman Ahmad Shaheen, Chief Technical Officer
  • Khurshid Ahmad, Country Head of Operations.

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