Agreements pertaining to the financing of the Reko Diq project have been approved by the Economic Coordination Committee (ECC).
Additionally, a $390 million bridge financing agreement for the installation of a 1,350-kilometer railway track has been approved. The railway will facilitate the export of raw materials from mines in Balochistan.
With its substantial gold and copper reserves, the Reko Diq project will support job creation, infrastructure development, and the long-term economic success of the region, according to Finance Minister Muhammad Aurangzeb, who chaired the ECC meeting.
The Petroleum Division’s summary, which sought approval for final agreements and financial commitments related to the Reko Diq project, was reviewed by the meeting.
