Major Breakthrough in Balochistan’s Mineral Sector as Five Leading Pakistani Groups Announce Billion-Dollar Investments

Balochistan:A major development has emerged in Balochistan’s mineral sector as five of Pakistan’s leading business groups have announced plans to invest billions of dollars in the province, a move being hailed as a significant step toward mineral development, job creation, and economic stability.

The five major business groups — Lake City Holdings, Fatima Group, Din Group, Hilton Group, and Sorti Group — have unveiled their intention to invest heavily in Balochistan’s mineral sector. The combined market value of these groups is estimated at around **$5 billion**.

The announcement came as Mari Energies Limited disclosed that its wholly owned subsidiary, **Mari Minerals (Private) Limited**, has entered into a joint venture agreement with **Globacor Minerals Limited** for mineral exploration in Balochistan.

Speaking at a recent event, former federal minister and prominent businessman **Gohar Ejaz** said that the launch of mineral development activities would usher in a new era of peace and prosperity in the country, creating extensive employment opportunities.

Under the agreement, investments will focus on the exploration of precious minerals, particularly **gold and copper**, in the **Chagai** region. Mari Minerals is a subsidiary of Mari Energies, while Globacor Minerals Limited has extensive experience in exploring gold and copper reserves in Balochistan.

Gohar Ejaz noted that Balochistan is rich in mineral resources and emphasized that local Pakistani companies stepping forward to invest in the province marks the beginning of a new chapter of development and prosperity for the region.