Reko Diq Railway: Shehbaz Sets 2028 Target | Pakistan News
pakistan Railways is set to connect with teh Reko Diq Project in Balochistan by 2028, a pivotal move orchestrated by Prime Minister Shehbaz Sharif to bolster the copper and gold mining venture. An inter-ministerial committee is formed, tasked with securing financing for the railway expansion. Moreover, a significant investment from Saudi Arabia’s Manara Minerals, amounting to up to $1 billion, signals robust confidence in the project’s potential. This aspiring railway link aims to stimulate growth in Balochistan’s mineral sector, creating numerous job opportunities. The government emphasizes the critical role of Pakistan Railways in the nation’s economic growth. For timely updates on economic trends, turn to News Directory 3. Discover what’s next as the committee actively secures its financial goals.
Pakistan Railways to Link with Reko Diq Project by 2028
Updated june 17, 2025
Pakistan’s Prime Minister Shehbaz Sharif has mandated that the Pakistan Railways network be connected to the Reko Diq Project in Balochistan by 2028. The initiative aims to enhance transportation and cargo capabilities for the meaningful copper and gold mining venture.
The Reko Diq project, a major undertaking in Pakistan’s mining sector, is drawing substantial investment. Manara Minerals, a Saudi Arabian mining fund, is poised to acquire a 10-20% stake in the project, injecting between $500 million and $1 billion.This investment underscores the project’s potential and its role in the country’s economic advancement.
To facilitate the railway expansion, Sharif has established an inter-ministerial committee. This committee will address financing strategies for upgrading and extending pakistan Railways to meet the demands of the Reko Diq project. The committee is tasked with providing recommendations on the necessary financial resources for the railway’s development.
During a recent meeting, Sharif received updates on the progress of upgrading the ML-1 and ML-3 railway lines. He emphasized the critical role of Pakistan Railways in supporting the nation’s economy and facilitating dialog. “Pakistan railways is a cheap, fast and habitat-kind source of transportation,” Sharif said.
Sharif also noted the railway link’s potential to stimulate growth in Balochistan’s mines and mineral sector, generating new employment opportunities for local residents. The Reko Diq Joint Venture shareholders previously approved an updated feasibility study and conditionally approved Phase-1 development capital, contingent on securing up to $3 billion in project financing.
What’s next
The inter-ministerial committee will now focus on securing the necessary financing to ensure the timely completion of the railway link to the Reko Diq project, paving the way for enhanced economic activity in the region.