Multinational Support Fuels Reko Diq Mining Project in Pakistan

Pakistan has received a significant USD 5 billion offer from multinational donors to fund the multibillion-dollar Reko Diq copper and gold mining project in Balochistan. The initiative aims to harness the country's mineral wealth and kickstart economic growth, with foreign investment spearheading its progress.

Multinational donors have pledged USD 5 billion to support Pakistan's Reko Diq copper and gold mining project, located in Balochistan, signaling a major foreign interest in the country's mineral sector.

This investment surpasses the estimated USD 3 billion needed for the project's completion, highlighting robust international confidence.

The project, with backing from influential agencies like the Asian Development Bank and the US Exim Bank, marks a notable step in Pakistan's journey to unlock its mining industry's full potential.

(With inputs from agencies.)