AIRLINK 86.21 Decreased By ▼ -0.99 (-1.14%)
BOP 4.97 Decreased By ▼ -0.05 (-1%)
CNERGY 4.08 Decreased By ▼ -0.01 (-0.24%)
DFML 37.22 Decreased By ▼ -0.68 (-1.79%)
DGKC 91.20 Decreased By ▼ -2.68 (-2.85%)
FCCL 22.99 Decreased By ▼ -0.78 (-3.28%)
FFBL 33.74 Increased By ▲ 1.07 (3.28%)
FFL 9.19 Decreased By ▼ -0.06 (-0.65%)
GGL 10.05 Increased By ▲ 0.02 (0.2%)
HASCOL 6.25 Decreased By ▼ -0.29 (-4.43%)
HBL 126.25 Increased By ▲ 4.33 (3.55%)
HUBC 158.29 Increased By ▲ 12.64 (8.68%)
HUMNL 11.08 Increased By ▲ 0.58 (5.52%)
KEL 4.64 Decreased By ▼ -0.10 (-2.11%)
KOSM 4.09 Decreased By ▼ -0.10 (-2.39%)
MLCF 38.25 Decreased By ▼ -0.55 (-1.42%)
OGDC 133.40 Decreased By ▼ -1.61 (-1.19%)
PAEL 25.40 Increased By ▲ 0.32 (1.28%)
PIBTL 6.22 Decreased By ▼ -0.05 (-0.8%)
PPL 119.25 Decreased By ▼ -0.43 (-0.36%)
PRL 24.58 Increased By ▲ 0.48 (1.99%)
PTC 12.28 Increased By ▲ 0.06 (0.49%)
SEARL 59.32 Decreased By ▼ -0.48 (-0.8%)
SNGP 65.60 Increased By ▲ 0.60 (0.92%)
SSGC 9.87 Decreased By ▼ -0.18 (-1.79%)
TELE 7.85 Decreased By ▼ -0.02 (-0.25%)
TPLP 9.49 Decreased By ▼ -0.25 (-2.57%)
TRG 63.80 Decreased By ▼ -0.50 (-0.78%)
UNITY 27.26 Increased By ▲ 0.21 (0.78%)
WTL 1.28 Decreased By ▼ -0.04 (-3.03%)
BR100 8,341 Increased By 31.1 (0.37%)
BR30 26,457 Increased By 506.8 (1.95%)
KSE100 78,810 Increased By 9 (0.01%)
KSE30 25,474 Increased By 35.6 (0.14%)

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that the Reko Diq project will be a game changer for Balochistan and the beginning of a new era of development.

A delegation of Barrick Reko Diq Mining Company headed by Chief Executive Officer Mark Bristow met Prime Minister Shehbaz Sharif on Monday.

The prime minister while speaking to the delegation stated Reko Diq project will be beneficial for both parties.

Mark Bristow informed the prime minister about the progress of the project so far. While briefing on the project, the prime minister was told that 70 percent of the people working on the project belong to Balochistan.

Barrick Gold plans to start productions at Reko Diq mine in 2028

The prime minister was further informed that a school has been set up by the company in cooperation with the Community Development Committee of the area besides steps will be taken to provide professional and higher education to the youth of the area so that they can get employment.

In the briefing, it was further informed that work is in progress regarding the provision of clean drinking water and health facilities in the area. It was further informed in the briefing that alternative energy is being used in the project.

The Prime Minister appreciated the ongoing work of Barrick Reko Diq Mining Company regarding corporate social responsibility and also encouraged the company to work together with the government in establishing Danish Schools in Balochistan. All concerned departments should fulfil their responsibility.

Copyright Business Recorder, 2023


Comments are closed.

Tulukan Mairandi Mar 28, 2023 09:15am
Anything labelled game changer ends up being a spectacular failure. I'm sure Reko Diq will be the same, a total failure. Maybe not as spectacular a failure as CPEC because of the absence of phony iron brother china, who has a global reputation of corrupting everything for their own benefit.
thumb_up Recommended (0)
Hilarious Mar 28, 2023 10:46am
Indeed similar to how gas from Sui was a game changer for Balochistan. They’ll get their kick backs and commissions that’s the actual game changer. This will probably take a similar shape to oil production in Nigeria and the severe exploitation of shell there in harms with the army and politicians. “Divided we beg, United we negotiate.” Butt who are we kidding, this will be well worse than Nigeria.
thumb_up Recommended (0)
Hilarious Mar 28, 2023 11:03am
@Tulukan Mairandi, you can’t blame China to want to work towards the interests of China, that’s how every country does things except a few (including Pakistan) that work towards the benefit of their white overlords, Why Pakistanis feel the world owes them something is well beyond my understanding, they’re not charities.
thumb_up Recommended (0)
Tulukan Mairandi Mar 28, 2023 01:50pm
@Hilarious, China does indeed owe Pakistan a great deal for remaining silent on Uyghur genocide, being a loan customer and huge interest rates despite our islamic credentials, staying away from US-led democracy forums, and even banning screening of Winnie the Pooh.
thumb_up Recommended (0)
TimeToMovveOn Mar 28, 2023 02:09pm
Oh no. Riko Diq would have worked until it was named a game changer. Everyone used the word game changer for CPEC five years ago. Now CPEC is just a big project riddled with debts, and no revenues to repay the original debts.
thumb_up Recommended (0)
Arshad Mar 28, 2023 02:19pm
The Neelum–Jhelum Hydropower Plant was also a game changer costing $ 5.1B. This Project is permanently closed since july 2022 due to poor construction. Anyone talking about the intererst, the country is paying against this Chinese loan ?
thumb_up Recommended (0)
KU Mar 28, 2023 02:37pm
In 1993 agreement is signed, and by 2011 feasibility is complete and mining can progress, in 2013 SCP terms agreement was illegal, and the rest of the history is lost in legal translation by usual suspects who got scot-free, and incurred losses to the country. It sure is a game-changer.
thumb_up Recommended (0)
Miannawazshit Mar 28, 2023 02:54pm
Little brother, forget the game changer rhetoric and tell me how much commission I will get?
thumb_up Recommended (0)