Saudi Arabia to invest up to $1B in Pakistan's Reko Diq Copper-Gold Project, selling shares of OGDCL and PPL.
Saudi Arabia is expected to invest up to $1 billion in Pakistan's Reko Diq Copper-Gold Project, with shares of Oil and Gas Development Company Limited and Pakistan Petroleum Limited being sold to the Kingdom. Prime Minister Shehbaz Sharif will lead a finance ministry committee including officials from OGDCL, PPL, and the energy ministry to oversee the Saudi investment. The committee will travel to Saudi Arabia for final discussions on the investment.
April 03, 2024
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