Pakistan and Barrick Gold Corporation have achieved a significant milestone in their collaboration on the Reko Diq project, with the government agreeing to make its investment in the local currency.
The agreement was formalized during a meeting between Prime Minister Shehbaz Sharif and a delegation from Barrick Gold Corporation in Islamabad.
New Developments Unveiled in Reko Diq Project:
The meeting, led by Barrick Gold’s CEO Mark Bristow, provided an opportunity for the premier to be briefed on the latest progress of the ongoing development work at Reko Diq.
International Investors’ Confidence Boost:
The Prime Minister expressed his appreciation for the participation of global firms like Barrick Gold in the Pakistan Mineral Summit. Seeing it as a clear indication of renewed confidence from international investors in Pakistan’s potential.
A Catalyst for Development in Balochistan:
The Reko Diq project is anticipated to bring transformative change to Balochistan and the entire region, propelling it into a new era of development. The Prime Minister emphasized the importance of every stakeholder fulfilling their responsibilities for the successful implementation of the project.
Empowering the Local Community:
The delegation informed the Prime Minister that the project not only creates employment opportunities for the local population. But also commits a substantial investment towards the region’s development.
