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flag Pakistan approved a $7.72 billion plan for the Reko Diq mine, with a 1,350 km rail link, aiming for 2028 start and $53 billion in revenue.

flag Pakistan’s Economic Coordination Committee has approved a $7.72 billion package for the first phase of the Reko Diq copper-gold mining project, including $390 million in bridge financing for a 1,350 km railway to transport ore to Karachi. flag The project, expected to begin production by late 2028, could generate $53 billion in revenue for Pakistan, create thousands of jobs, and boost infrastructure and economic growth in Balochistan. flag The mine’s projected 37-year lifespan is expected to yield $70 billion in net cash flow, nearly 10 times the country’s current foreign exchange reserves. flag Prime Minister Shehbaz Sharif has directed the project’s integration with Pakistan Railways by 2028.

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