Saudi Arabia offers to acquire a 15% stake in Pakistan’s Reko Diq mining project
August 28, 2024
Saudi Arabia offers to acquire a 15% stake in Pakistan’s Reko Diq mining project and provide a major grant for local infrastructure.
The Public Investment Fund (PIF) through Manara Minerals seeks to purchase part of the federal government’s share.
A negotiation committee will assess the proposal and advise the federal cabinet on the final terms.