Prime Minister Shehbaz Sharif has expressed strong confidence that Pakistan will join the ranks of the world’s major economies before 2050. Speaking at the Pakistan Minerals Investment Forum 2026, he referred to a Goldman Sachs forecast that placed Pakistan as the world’s sixth-largest economy by 2075. He said the national economy is now moving forward with renewed confidence and a clear focus on growth and transformation.
The prime minister stressed that Pakistan no longer wants to export its valuable mineral resources in raw form. Instead, these resources must be used to strengthen domestic industries. He noted that the day is approaching when Pakistan will process its minerals at home and build a strong downstream industrial base. He specifically mentioned the Reko Diq project, describing it as one of the world’s largest undeveloped copper and gold deposits. After remaining stalled for two decades, the project is now moving toward practical completion and the operational phase.
PM Shehbaz also announced the creation of the National Minerals Data Centre and the digitisation of geological records. These steps will provide investors with authentic and reliable information. He said both federal and provincial governments will work together to develop the minerals sector and offered full support to the business community. Protecting investors, he added, is the same as protecting the government’s own interests. Local community trust, reliable electricity, water, communications and swift movement of files will all receive priority attention.
Chief of Defence Forces Field Marshal Asim Munir also addressed the forum. He stated that Pakistan aims to become a competitive destination for long-term mineral investment. Every possible measure is being taken to secure the entire mining ecosystem, including mines, investors, industries, projects and associated people. He emphasised that the goal is not limited to exporting raw materials. Pakistan wants to build the complete value chain through refining and manufacturing.
Field Marshal Munir highlighted that mineral development must bring real benefits to local communities living in resource-rich areas. He described the people of Pakistan as hardworking, courageous and determined. The country’s true strength lies in its people, who can turn potential into productivity and promises into action. Both leaders underlined that long-term partnerships and value-added growth will shape Pakistan’s economic future in the years ahead.
