Pakistan’s energy future and long-term economic stability could see major improvement through strategic investment in the Iran–Pakistan gas pipeline and rare earth minerals, experts have said.
According to Beyond Time News, Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman highlighted these two sectors as key drivers of sustainable growth while speaking to an exporters’ delegation led by Nisar Ahmad Hanif in Lahore on Sunday.
He said the Iran–Pakistan gas pipeline could play an important role in addressing Pakistan’s ongoing energy crisis. By supplying affordable natural gas to power plants and industries, the project may help reduce reliance on costly imported fuels. As a result, electricity prices could come down, while industrial output and productivity may improve.
He further noted that improved energy availability could ease pressure on the national economy. In addition, reduced fuel imports could save billions of dollars and help strengthen Pakistan’s financial position over time.
Alongside energy development, Saif Ur Rehman also pointed to the untapped potential of rare earth minerals in Pakistan. These minerals are essential for modern industries, including electronics, renewable energy, and defence technologies.
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If properly developed, the sector could open new opportunities for value-added exports. Moreover, investment in exploration and processing could reduce import dependency and support economic diversification.
Meanwhile, delegation head Nisar Ahmad Hanif said both sectors could generate large-scale employment and attract foreign investment. He added that the gas pipeline could help position Pakistan as a regional energy corridor, while mineral development could integrate the country into global supply chains.
In conclusion, experts believe that with strong policies and careful planning, both the Iran–Pakistan gas pipeline and rare earth mineral development could deliver long-term economic benefits and strengthen Pakistan’s growth prospects for future generations.
