
Energy Minister Reaffirms Commitment to Timely Reko Diq Completion
Federal Minister for Energy Ali Pervaiz Malik has reaffirmed the government's commitment to ensuring the timely completion of the Reko Diq mining project in Balochistan, one of the largest untapped gold and copper deposits in the world. The minister's statement signals continued high-level political backing for an initiative that is central to Pakistan's long-term resource development strategy.
Reko Diq, located in the Chagai district of Balochistan, is being developed under a partnership involving Barrick Gold and Pakistani state entities. The project is expected to generate substantial foreign investment inflows and royalty revenues for both the federal government and the province of Balochistan once operational.
The minister's reaffirmation comes amid ongoing construction and regulatory milestones, underscoring the government's awareness that investor confidence depends partly on consistent official messaging about project timelines. Any delays in Reko Diq's completion would have significant implications for Pakistan's medium-term economic projections.
Balochistan stands to be a principal beneficiary of the project through direct royalty payments and associated infrastructure development. Officials have repeatedly framed Reko Diq as a transformative initiative that could reshape the province's economic trajectory and contribute meaningfully to Pakistan's foreign exchange earnings.
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