A rail development agreement between the Ministry of Railways and the Reko Diq Mining Company is one of the major agreements on the Reko Diq project that have been finalized by the Economic Coordination Committee (ECC), which is chaired by Finance Minister Muhammad Aurangzeb.
The $390 million bridge that will be used to install a 1,350-kilometer railway track was approved by the committee. For the export of Reko Diq minerals from Balochistan, the rail project has been deemed essential.
Additionally, it required both ministries to submit a thorough report on the project by March of the following year, and it directed the Ministry of Railways to share the agreements’ documentation with the Ministry of Finance.
