Reko Diq
Reko Dik: Reko Dik is a large oil and gold reserve located in Chaghi District, Balochistan, developed by the Canadian company. The project is 50% owned by Barrick Gold, 25% by the Government of Pakistan, and 25% by the Government of Balochistan.
The target is to start the first production by 2028.
Employment opportunities
- The construction phase will employ approximately 7,500 people, while 3,500–4,000 permanent jobs will be created when continuous production begins.
- As of March 2025, 77–78% of the company’s employees are from Balochistan, of which 50–65% are from Chaghi District.
- Furthermore, the number of women among employees has increased to 14%.
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Education and Training Initiative
- The International Graduate Development Program has been launched, providing young graduates from Balochistan with world-class mining training. So far, the first two cohorts have included 27 graduates, including 8 women.
- A Technical Training Institute was established in Noorkundi in collaboration with Hunar Foundation. where 286 students have enrolled in Phase I and II, and 291 students in Phase III. Courses include IT, pipe fitting, electrical, and artisan skills.
- A public forum was held in which the local population, youth, and partner institutions—such as Indus Hospital and Hunar Foundation—participated and reviewed the progress of training and health projects.
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Health Facilities
- A community health center has been established in Humai village. A mobile medical unit is providing services in Noorkundi and the surrounding areas.
- All these services were launched in collaboration with Indus Hospital Network (IHHN) This is providing quality healthcare facilities at the regional level.
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Financial and Social Investment
- During 2023–24, Rs. 2 billion was provided to local suppliers in Chagai and Rs—4.1 billion in supply contracts across Balochistan.
- The Environmental and Social Impact Assessment (ESIA) has been approved, and the company is also committed to the social sustainability and environmental protection of the project
- The Board has approved a loan of up to $3 billion for Phase‑1, including $700 million in IFC/IDA-approved loans—the initial drafts of this loan will be taken by the second half of 2025.
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Technology and Infrastructure
- US company Fluor has been selected as the EPCM partner that will work with Barrick on the construction design of the project
- Japanese company Komatsu has announced a $440 million contract to provide mining equipment and establish a maintenance hub in Karachi, which will employ 500 engineers for the future.
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Conclusion
The Reko Diq project is becoming a powerful driver of social, economic, and infrastructural development in Balochistan. Its key features are extensive employment opportunities, education and training programs, modern health facilities, and support for local industry. This development support will be further intensified during the start of mining after 2028, creating an opportunity for lasting change in Chaghi and Balochistan.
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