Malik: Infrastructure investments needed for stronger global economy

The Future Minerals Forum has evolved into a global platform for discussions on the future of minerals, bringing together various stakeholders to develop strategies that enhance mineral production for economic advancement, electrification, and meeting carbon reduction goals. Nastassia Arendse of CNBC Africa recently sat down with Musadik Malik, Pakistan's Minister of Petroleum, to delve into the importance of infrastructure investments for fostering a stronger global economy. During the interview, Minister Malik emphasized the critical need for financing and geopolitical considerations in driving the green revolution. He raised concerns about the disparity in investments allocated to a few developed countries, leaving developing nations at a disadvantage. The Minister highlighted that without adequate financing and the mitigation of geopolitical barriers, there could be a significant imbalance in mineral extraction and trade, leading to increased economic burdens worldwide. In addition to financing and geopolitics, Minister Malik underscored the significance of building capacity and fostering technological transfer to ensure the success of the green revolution. He emphasized the importance of establishing centers of excellence and promoting indigenization to enhance local participation in the mineral sector. The discussion between Arendse and Malik shed light on the complexities and challenges faced in transitioning towards a sustainable future. It underscored the vital role of infrastructure investments in facilitating global economic growth and driving the green revolution forward. As the world continues to grapple with environmental concerns and the imperative to reduce carbon emissions, the insights shared by Minister Malik serve as a call to action for policymakers and industry leaders to prioritize investments in infrastructure and address geopolitical barriers to ensure inclusive and sustainable development. The Future Minerals Forum stands as a beacon of collaboration and dialogue, uniting stakeholders to chart a path towards a more sustainable and prosperous future for all.