ISLAMABAD: The Reko Diq copper-gold project is forecast to generate $74 billion in revenue over the next 37 years, according to a new assessment issued by the Competition Commission of Pakistan (CCP) on Monday.
The report said the landmark project is also expected to create thousands of jobs and spur new business activity across Balochistan as associated industries and services expand around the mining ecosystem.
CCP’s findings stated that Reko Diq is poised to enhance stability in the gold supply chain through improved traceability, advanced refining processes and stronger transparency mechanisms.
The document also highlighted the role of the Special Investment Facilitation Council (SIFC), noting that the council is driving major reforms and investment facilitation across Pakistan’s mining sector, of which Reko Diq is a central component.
Further details of the CCP’s analysis are expected to be shared with relevant ministries as work progresses on the multibillion-dollar mining venture.
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