ISLAMABAD: Gilgit-Baltistan Chief Minister Amjad Hussain Azar invited international mining investment on Thursday but warned that electricity shortages and poor transport links were holding back the region’s mineral sector.
Addressing the Pakistan Minerals Investment Forum 2026, Hussain said the region offered opportunities in precious metals, gemstones, dimension stones and placer gold.
He described much of its mineral potential as unexplored and called for greater investment in exploration. However, Hussain identified weak road and air connections as major obstacles for companies seeking to develop mining projects.
Energy shortages pose another challenge. He said unreliable power supplies affected both local communities and prospective investors, making infrastructure development a priority.
Hussain urged international partners to consider hydropower projects alongside mineral exploration. He argued that investment in electricity generation could support the region’s development and help address Pakistan’s wider energy needs.
He added that better air links would also make it easier for investors to reach mining sites. Meanwhile, the regional government has introduced mining regulations and an online portal for exploration and mining licence applications.
Hussain said the measures aimed to make investment easier and support the development of Gilgit-Baltistan’s mineral resources. He also promoted public-private partnerships, particularly in the energy sector.
The chief minister described the region as peaceful and welcomed investment from companies worldwide. The two-day Pakistan Minerals Investment Forum is scheduled to continue in Islamabad on Friday, November 13.
