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ISLAMABAD: The Special Investment Facilitation Council (SIFC) has proposed a viable solution to a multi-billion-dollar salt export project that has been dormant for two years, here on Friday.
As per the details, salt reserves from mines in Pakistan are the second largest in the world, while salt is also obtained in large quantities from the sea.
The processing and export of sea salt had not been given much attention in the past, which was taken up by the Hub Salt Company as an unsolicited proposition.
According to the information ministry, the proposal was taken up at the SIFC forum, where the council brought together all stakeholders to consider the proposal and highlight the national and international importance of the project.
Taking into consideration the concerns and needs of all the stakeholders, SIFC has thoroughly reviewed the project and hopes to launch it within the next one to one and a half year.
The initial volume of salt produced from the coastal areas of Pakistan is 2 million tonnes per annum with the potential to increase to 20 million tonnes per annum.
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