The signing of the $ 6.4 billion REKO DIQ Mining Project Agreement is expected next month as the final events for loans from international partners have ended.

The economic structure involves international lenders, including the US Exim Bank, UK Exim Bank, the World Bank, Asian Development Bank and contributions from both the federal and Balochistani governments.

After financial closure, investment inflow against Pakistan is expected to accelerate, with about $ 3 billion expected from global financial partners alone.

Of the total $ 6.4 billion, the federal government will bear $ 3.4 billion, of which $ 1.7 billion is attributed to Balochistan in accordance with Petroleum’s Division’s share.

Production is expected to begin about three years after financial closure. In the first output year, combined revenue for the federal and Balochistan governments is expected to reach $ 3 billion.

The Reko DIQ project is considered one of the largest undeveloped copper gold deposits in the world and is seen as a major step in attracting foreign direct investments to Pakistan’s mining sector.