Pakistan is blessed with a wealth of natural resources. Natural Resources of Pakistan make a substantial contribution to the country\’s overall economy. It\’s either for commercial use or for manufacturing. Natural resources, on the other hand, are excellent for enhancing the country\’s economy and boosting growth.
Other countries, such as China, are reportedly interested in investing in Pakistan to benefit from the country\’s natural resources, according to official reports. This is also advantageous to Pakistan since investment creates more work opportunities, which leads to increased employment. The efficient utilization of natural resources also benefits the economy as a whole.
Natural resources are those that exist without the intervention of humans. Water, land, atmosphere, sunlight, flora, and much more are all included; nevertheless, they are classified into four categories: energy and mineral resources, water resources, biological resources, and soil resources.
In Pakistan, massive structures are being developed, and natural resources are being widely utilized in projects. The China-Pakistan Economic Corridor (CPEC) is an example of this, as the project is built with coal, power plants, water, energy, and other resources.
Pakistan- An Ideal Country
Pakistan is a country rich in natural resources. The country\’s geographical location makes it ideal for functioning as an economic hub for other adjacent countries interested in doing business and exploiting the riches of our land.
With a 650-mile coastline on the Arabian Sea and the Gulf of Oman, Pakistan is the Islamic Republic of South Asia. Afghanistan and Iran are both on the country\’s western border. On the other hand, India is located on the country\’s east side, while China is located on the northeast.
Pakistan is a good site since it is strategically located between Central Asia, South Asia, and the Middle East. In addition, the landscape contains significant natural resources in various parts of the country.
Natural resources are any naturally occurring resource that does not require any human contribution to develop; nonetheless, their proper use results in numerous human creations. Natural gas, oil, coal, hydropower potential, iron ore, salt, limestone, and copper are among the resources.
On the vegetation side of nature, agricultural items include wheat, rice, cotton, sugarcane, fruit, eggs, milk, vegetables, mutton, and cattle meat.
Textiles, medicines, food processing, construction materials, paper products, fertilizer, and other industries, according to reports, are the key industries for utilizing natural resources to their maximum potential in a productive way.
The mining of minerals or coal from a mine is referred to as mining. However, because of the country\’s abundant natural resources, it is a crucial stage in its economic development. Minerals and gemstones like emeralds and rubies are mined in Pakistan. Coal, copper, and salt are also extracted from the country.
Imports and exports are rising due to the growing use of natural resources like wind and solar power. Rice, textiles, leather goods, carpets, sports items, and chemicals are some of the country\’s most popular exports, though. Economic growth can be aided by imports of equipment such as plastics and steels and fuel and tea and paper.
In Pakistan\’s Saindak region, copper and gold ore deposits are enormous. The Pothohar Plateau contains significant amounts of rock salt as well. Mineral resources of Pakistan include, but are not limited to, limestone, gypsum, chromites, rock salt, silver, iron ore, precious stones, marbles, gems, tiles, fire clay, sulfur, and silica sand.
List Natural Resources of Pakistan
Various natural resources in Pakistan benefit in a variety of ways; however, the following is a list of the most common power natural resources in Pakistan:
- Mineral oil
- Natural Gas
- Ore of Iron
Coal is one of Pakistan\’s most important natural resources. Despite being a contemporary player in the energy sector in Pakistan, coal is still a significant portion of the power mix. Over the last two years, Pakistan\’s overall electricity generation has increased by 19 percent, with four CPEC coal-fired power facilities accounting for 19 percent of total generation.
Pakistan had previously discovered coal seams of poor to medium quality in Punjab. On the other hand, this resource is unquestionably advantageous for low-sulfur coal, and it has discovered in Baluchistan and near Islamabad. In Pakistan, bituminous and sub-bituminous coal, as well as lignite coal, are available.
The country\’s coal reserves are estimate to be worth 185 billion tonnes. It\’s also the equivalent of 628 billion barrels of crude oil. This natural resource is extremely important to the economy of the country.
Gas and Oil
The country\’s oil reserves were value at 0.34 billion barrels in 2020. However, the government had set a target of producing 31.12 million barrels of oil and 1.58 trillion cubic feet of gas during the current fiscal year of 2020-2021.
Pakistan has a large natural gas production. On the other hand, the gas field is likely to persist for another couple of decades.
Sui gas, according to reports, is Pakistan\’s largest field, accounting for a significant amount of the country\’s gas production. Daily, 19 million cubic meters were produce. There are also reports that oil and gas reserves exist beneath the desolate mountains of Balochistan and the dunes of Sindh.
Forests are also regard as a valuable resource that supplies a variety of essential resources for our everyday lives and the production of other things. Forest trees also help to keep the environment clean by giving fresh air.
Forests cover only around 4% of Pakistan\’s area, but they are a key source of lumber, food, paper, fuelwood, medicine, latex, and other products. These are also valuable in discussions on wildlife and ecotourism.
Land is also a natural resource because it may used for various purposes such as cultivation, agriculture, and so on. According to the source, approximately 28% of Pakistan\’s total land area is agriculture.
Pakistan is home to one of the world\’s most extensive irrigation systems. According to the research accounting for almost all crops, cotton, rice, wheat, sugarcane, sorghum, maize, millets, oilseeds, pulses, fruits and vegetables, and barley are the most important crops produce in Pakistan 75 percent of total crop value output.
Punjab\’s rich fields feed the entire nation, where essential commodities and vegetables are farme.
Pakistan has a history of exporting a minor amount of uranium. Pakistan produces a large amount of uranium. However, uranium resources in Pakistan are found in both the southern and central parts of the country, such as the Sulaiman Range, Bannu Basin, Dera Ghazi Khan, Kircher Range, and Issa Khel, Mianwali District.
Water is one of nature\’s greatest gifts, and Pakistan is blesse with numerous rivers and oceans that meet throughout the country.
On the other hand, the fishing sector is extremely important to Pakistan\’s economy. The coastline is 814 kilometers long, and the entire fishing resources have the opportunity to expand. Fishing is one of Pakistan\’s most important sources of revenue.
Pakistan has a varied range of natural resources. Pakistan\’s human resources include a population of bright young people and a growing urban middle class.
Culture, wealth, knowledge, and infrastructure are all expected to improve and grow in the next years. This will undoubtedly make the country proud.
Other Natural Resources
Petroleum and Natural Resources Ministry Pakistan ensures supply, such as gas and oil availability. They do, however, secure the use of other natural resources and minerals, whether they are adequately employe or not.
Pakistan\’s natural and mineral resources also contribute to the country\’s economic growth. The country is still attempting to make better use of all of its resources to gain greater benefits from them and generate cash for the economy.
China will be one of the most important investors in Pakistan\’s natural resources in the next years. Many projects are now under construction, and they are project to be a boon to the economy and China.
In the next five years, many parts of Pakistan will developed with technological use; nevertheless, solar installations require sunlight. Having natural sunlight available to make solar panels work efficiently is a blessing in Pakistan.
According to studies, Pakistan has significant relations with other nations through the trading of its natural resources, which include grain, cotton, minerals, and stones, among other things, and it is expecte to strengthen these ties in the future.
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