ECONOMY

Pakistan Eyes Tapping Afghanistan’s Multi Billion-Dollar Hajigak Iron Mine

The Pakistani government wants to conduct a large-scale
study of the Hajigak iron ore mine in Afghanistan to look for investment
opportunities.

 Federation of
Pakistan Chambers of Commerce and Industry says Pakistan could benefit more
from Haji Gak Iron Mine, one of the largest untapped mines in Afghanistan.

According to Pakistani sources, the Haji Gak mine and
Peshawar  are only four hundred kilometers
apart, which makes them a good geo-economic value for the country.

Nasser Hayat Mago, president of the Federation of Pakistan
Chambers of Commerce and Industry, said the studies should be conducted to
assess the long-term economic benefits and supply capacity of iron ore for
Pakistani steel mills.

He said in a statement that Pakistan could make huge profits for decades by extracting the multi billion-dollar Haji Gak iron ore mine.



Source: Wadsam

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