QUETTA: Officials said on Saturday that Reko Diq project will pave the way for future investments in Pakistan through the Special Investment Facilitation Council (SIFC) for a safe and strong country.
According to an official source, the advanced and latest machinery used under the project will bring innovation in the mining sector. It added that it will also increase the overall exports of the South Asian country. Reko Diq project is of great importance for a strong Pakistan, which is expected to generate $1 billion annually in the country’s economy for the next 40 years.
Earlier, media reported that the Special Investment Facilitation Council (SIFC) launched the Green Pakistan Initiative to modernize agriculture sector, an essential sector of Pakistan’s economy. The Green initiative aims to develop over seven million hectares of previously uncultivated land.
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Since the announcement of the Initiative, both domestic and foreign investors have expressed strong interest. Foreign investors have also inked contracts to cultivate 140 thousand acres, while 85 domestic investors and firms have committed to cultivating 460 thousand acres of land.
