Reko Diq Project Enters New Phase with SIIFC Support and High-Level Facilitation

Islamabad:The **Reko Diq project** has entered a new phase of practical progress, thanks to the collaboration of the **Special Investment Facilitation Council (SIIFC)** and high-level facilitation. This marks a significant step forward for one of the most important mineral projects in Pakistan.

With the launch of the **Pakistan Minerals Investment Forum 2025**, global investors have been directed towards the **Reko Diq project** and other mineral reserves in the region. Following the feasibility report of the Reko Diq project, the first phase of developmental investment has been approved, bringing the project closer to realization.

The Reko Diq project is expected to be a **game-changer for Pakistan’s economy**, with a projected **$74 billion free cash flow**. The partnership between **Barrick Gold**, the **Government of Pakistan**, and the **Government of Balochistan** has given the project long-term stability and confidence.

By 2034, the project’s annual processing capacity will increase from **4.5 million tons** to **9 million tons**, further expanding its scope. The project is also expected to create **long-term employment** for around **4,000 local individuals**, with an additional **7,500 jobs** in construction-related work.

The introduction of **modern machinery** and **global technologies** will open new pathways for growth in the mining sector. With the support of SIIFC, the progress of **Reko Diq** will play a crucial role in expanding Pakistan’s mineral sector and enhancing **global trust** in the country’s resources.