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A foreign investment agreement worth $3.5 billion has been finalized.
RISING BALOCHISTAN
10/14/20251 min read
Reko Diq Project:
A foreign investment agreement worth $3.5 billion has been finalized.
The deal was signed between an international oil and gas development company and 11 international banks.
Loan disbursement for the project is expected to begin within the next 45 to 90 days,
while construction of the core infrastructure is anticipated to start within two to four months.
The project will be a joint venture between the federal government and the Government of Balochistan.
Under this project, a total of 53 plants will be established across Balochistan —
11 plants in the first phase, 15 in the second, and 27 in the third phase.
Investment details include:
$16.6 billion in the first phase (District Chagai)
$7.7 billion in the second phase
$4.8 billion in the third phase