Pakistan moves closer to Reko Diq revival with $3.5b funding deal

Pakistan moves closer to Reko Diq revival with $3.5b funding deal

Pakistan has finalised a $3.5 billion financing agreement with six major international financial institutions for the development of the historic Reko Diq mining project in Balochistan — a milestone for one of the country’s most significant mineral ventures. According to official sources, the financing package includes commitments from leading global lenders such as the US EXIM Bank, Asian Development Bank, International Financial Institutions, …