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Agreement inked for exploring iron ore in Chiniot
LAHORE: Punjab government and a Chinese company have inked an agreement for exploring iron reserves in Rajua (Chiniot).
According to the agreement, the Chinese company will give final opinion about the quality and quantity of iron deposits within 10 months. This agreement will pave the way for setting up first Pakistani steel mill in Punjab to be run with local iron.
While addressing a public meeting on the occasion of signing of the agreement at the Municipal Hockey Stadium Chiniot, Shahbaz Sharif said that it was unfortunate that despite the fact that our country was rich in mineral resources, we were roaming around the world with a begging bowl.
He said that the PML-N government had given up this practice and the height of development would be achieved through benefiting from indigenous resources. He said that Pakistan would be made self-reliant, and the Chiniot agreement was an important step in this direction.
Shahbaz said that it was a historic day as the promise made with the people for exploring iron reserves was being fulfilled.
Chief Minister Shahbaz Sharif, Minister for Mineral Chaudhry Sher Ali, Punjab Mineral Corporation Chairman Sumar Mubarrak Mand, Mineral Development Secretary Dr Arshad Mehmood and officials of the Chinese company were present.
Courtesy www.geo.tv