An emerald encrusted stone, found in Pakistan's Northern Areas where large mineral deposits of many gems are found - File photo

ISLAMABAD: Three state-owned companies in the Chinese province of Gansu on Thursday presented a plan to the Board of Investment showing interest in mining fields.

The heads of these companies Baiyin Nonferrous, Huaneng Gansu Energy Development, and Jinchuan Group during their meeting with BoI chairman Saleem Mandviwalla said that they want to make investment in the mining and energy sectors.

Deputy Governor of Gansu province Shi Jun led the 10-member delegation, which also included officials of land and resource commission, asset supervision commission and reform and development commission. BoI chairman assured all possible support to the state-owned enterprises of Gansu province in their plan to make investment in Pakistan, particularly in the mining sector.

“We want to bring forth new ideas of economic scale development, metals products, technological process equipment level and technological economic index to advanced level in Pakistan, Mr Mandviwalla said.

The Baiyin non-ferrous group has produced more than 6 million tons of four kinds of cathode copper, aluminum ingots, lead ingots and zinc ingots.

Huaneng Gansu Energy Development is one exclusive regional company of China, which takes up investment development, construction and operation management of coal, thermal power, railways, coal chemistry, water conservancy, hydropower, wind power and photo electricity projects.

Jinchuan Group is a diversified large mining conglomerate integrated with mining, mineral processing, refining, chemical production and value-added fabrication, with mining and metal as the core business.