Major agreements for the Reko Diq project are approved by Pakistan.

This historic ruling is anticipated to spur infrastructure growth, economic growth, and long-term socioeconomic advantages throughout Balochistan.

A crucial rail development agreement between the Ministry of Railways and the Reko Diq Mining Company was among the final agreements presented by the Petroleum Division to the ECC during the meeting.

In order to facilitate the export of minerals from Balochistan, the Reko Diq project deal includes a $390 million bridge financing package for the construction of a 1,350-kilometer railway line.

Muhammad Aurangzeb, the minister of finance, emphasized the Reko Diq project’s revolutionary potential. “By generating jobs, promoting infrastructure, and offering long-term regional development, the project will transform Balochistan’s economy.” “I said,” he said.

Muhammad Aurangzeb added that one of the largest untapped copper-gold resources in the world will be revealed by the project.

The ECC urged both ministries to give a comprehensive progress report by March 2026 and instructed the Ministry of Railways to share all agreement documents with the Finance Division for assessment.

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Any major changes made during final execution must be resubmitted for approval, the ECC further explained.

Senior representatives from pertinent ministries and regulatory agencies attended the meeting, along with important federal ministers such as Board of Investment Minister Qaiser Ahmed Sheikh, Food Security Minister Rana Tanveer Hussain, and Petroleum Minister Ali Pervaiz Malik.

Considered by many to be a cornerstone of Pakistan’s mineral development strategy, the Reko Diq project is expected to attract substantial global investment while guaranteeing local involvement and benefit-sharing.