Reko Diq Boosts Balochistan with $28M in Taxes and Investments

Friday, August 15, 2025
1 min read
Reko Diq Boosts Balochistan with $28M in Taxes and Investments

The Reko Diq Mining Corporation (RDMC) has injected over $28 million into Balochistan’s economy through taxes, royalties, and community investments as of June 2025. This includes $17.5 million in royalties, $3.8 million in taxes collected on behalf of employees and third parties, and $7.2 million allocated to local community programs. The project, a 50-50 partnership between the Pakistani government and RDMC, with Balochistan holding a 25% stake at no direct cost, aims to bolster the province’s economic growth.

Situated in the Chagai district, Reko Diq is one of the world’s largest undeveloped copper-gold deposits. The project employs 75% of its workforce from Balochistan and has invested in training programs, including an 18-month initiative in Argentina for local workers. Community initiatives focus on healthcare, education, and clean water access for the Chagai and Rakhshan divisions.

Managed by Barrick Gold, Reko Diq is slated to start production by late 2028, with an estimated value exceeding $1 trillion over its lifetime. While the project promises significant economic benefits, including over 25,000 indirect jobs by 2028, some Baloch nationalist groups raise concerns about profit distribution and advocate for a local refinery to ensure transparency and maximize job opportunities. Chief Minister Sarfraz Bugti has emphasized that the project will prioritize development and the rights of Balochistan’s residents.

Published in SouthAsianDesk, July 18th, 2025

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