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Business & Finance

AJK resumes issuance of mining leases after SIFC intervention

After a nearly two-year suspension, AJK's government has resumed mining leases, a strategic move facilitated by SIFC to unlock investment and accelerate economic growth.
Published Updated

The government of Azad Jammu and Kashmir (AJK) has resumed issuing mining leases after a nearly two-year suspension, following facilitation by the Special Investment Facilitation Council (SIFC).

According to an official statement issued on Monday, the issuance of mining leases had remained suspended since March 2024.

The matter remained under consideration at the SIFC forum since July 2025, leading to what the statement described as a timely resolution and the lifting of restrictions on new mining lease grants.

READ MORE: AJK PM reaffirms govt’s resolve of expanding uplift projects

Officials said the move is expected to unlock investment opportunities, accelerate activity in the mineral sector and contribute to economic growth in AJK through renewed exploration and development initiatives.

The statement added that the revival of the leasing process would help promote investment in the region’s mining sector and support broader efforts to improve the business and investment climate.

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