ISLAMABAD: A South African group of entrepreneurs engaged in mining of diamond and coal led by Mr. Paul Main called on Syed Naveed Qamar, Finance Minister here Tuesday. The delegates discussed with Finance Minister their existing development specific attainments in South Africa in the discipline of geological and mineral related discoveries. The delegation evinced keen interest in the coal mining areas of Thar in Pakistan, expressing desire to exchange know-how and expertise in the development of said discipline to the benefit of both the countries.
The South African Group has over twenty mining related projects all over the world, having simultaneous expertise in oil exploration. The Group operates from London and discussed with Finance Minister its institutional concepts and planning to offer investment in Pakistan’s mining resources located in Punjab and Sindh. Mr. Paul Main is the Chief Executive of Arcadia Energy and Mining Limited headquartered in London .
Finance Minister appreciated investment-based entrepreneurial interest of the South African delegates and promised to take up the matter with concerned GoP stakeholders to institutionalize their investment potential in times to come. The South African Group earlier held professional meeting with the concerned officials in M/o Petroleum and Natural Resources and expressed satisfaction over the encouragement vis-à-vis its entrepreneurial potential in Pakistan. The Finance Minister appreciated the technical know-how and expertise of the visiting South African Arcadia Energy and Mining Limited Group’s mining-based investment potential in Pakistan.-SANA