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3.84% growth witnessed in mining, quarrying sector this year

byCustoms Today Report
19/06/2015
in Business
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ISLAMABAD: The running fiscal year has witnessed 3.84 percent growth in mining and quarrying sub-sector as compared to 1.65 percent last year, showing a reasonable progress during the period.

This sub-sector contains 14.4 percent share of the industrial sector and contribute 2.9 percent in GDP of the country.

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Official figures on Friday showed that output of Chromite, Coal, Lime Stone, Crude Oil, Copper, and Soap Stone posted a positive growth of 3.6 percent, 4.1 percent, 3.7 percent, 14 percent, 0.9 percent, and 41.7 percent respectively.

It is mentioned that Pakistan has abundance of economically exploitable reserves of coal, rock salt, limestone and onyx marble, China clay, dolomite, fire clay, gypsum, silica sand and granite as well as precious and semiprecious stones.

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