Iron ore exploration vital for of economy: Shahbaz

Salim Ahmed

Lahore

A high level meeting was held here today with Chief Minister Punjab Muhammad Shahbaz Sharif in the chair. The meeting reviewed the progress on exploration of iron ore reserves in Chiniot-Rajwa as well as progress on the second phase of the project.
While talking on the occasion, the Chief Minister said that work is being started on second phase of the project for the exploration of iron ore in Chiniot-Rajwa along with its assessment. He told that an agreement has been signed with German company Fugro for the exploration of underground minerals and their exact assessment.
The German company will submit its report after an exact survey of mineral resources in the Punjab. He told that German company would start its work on second phase of exploration of mineral resources in Chiniot and adjoining areas. This survey would help to identify estimated cost of minerals as well as collection of data.
He said that the cost of the mineral resources has been estimated with hard work and observed that this project carries vital importance for the betterment of the national economy. In the first phase, the international experts have finalized their report by assessment of iron ore reserves in Chiniot-Rajwa.
The Chief Minister directed that the investors should be invited for investment by keeping in view the feasibility report of the project and the assessment of iron ore reserves in Chiniot-Rajwa.
During the second phase, drilling and other works should be completed as early as possible in a professional and scientific manner. During the meeting, briefing was given about the feature roadmap for staring work on second phase of the project. Managing Director of Furgo Company Dr. Uta Alisch, geographical experts including Dr. Jens Krumb, Ralf Braumann, Secretary Mines & Minerals and other officials attended the meeting.
Shehbaz Sharif also spoke in German language during his meeting with the Managing Director Dr. Uta Alisch and other experts of the German company Fugro. The meeting reviewed progress on reserves of iron ore in Chiniot. The German experts expressed their pleasure over the conversation of Chief Minister, Punjab in German language and said that Chief Minister of Pakistan’s largest province Punjab, Shehbaz Sharif has the ability to speak in German language fluently.

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