Resources Exploration:

CAS Sector Resource Exploration

Pakistan is one of the richest countries in the world in terms of natural resources but also one of the poorest among them in their management. Majority of these resources lie in the Baluchistan, a province facing severe instability due to insurgencies and heights of poverty. The country is abundant in the vital resources including that of energy, agriculture, minerals, and geography, but unlike the developed countries, these have not been properly exploited due to poor management and lack of an undivided attention. Prevalent political rivalry and instability, worsening law and order situation and rampant corruption have catalyzed the situation to resource development impasse. Contrary to economic potential of its natural resources, Pakistan is a dependent on foreign aid and debt; it is facing deficit in trade, acute energy crisis to run industry, and water stress for agriculture, to name a few challenges. CAS is focused on allowing Pakistan to realize the true potential of its resources, globally, by attracting FDI through effective exploration of these resources.