Monday, 31 March 2025, 08:47:49 am


 
OGDCL approves additional funding of $627m for Reko Diq project
March 28, 2025

OGDCL has approved additional funding of 627 million dollars for the Reko Diq project.

The additional funding for Reko Diq will contribute to the development of mining, create job opportunities, and boost the economy.

The Reko Diq mining project is a thirty seven year-long venture, with an expected investment of up to 5.6 billion dollars in the first phase.

The first phase of the Reko Diq project has set a target of 45 million tons of annual production by 2028, with an expected production capacity of 90 million tons annually by 2034.