The federal government of Pakistan is considering selling its shares in the Reko Diq project to Saudi Arabia to attract investment. The revised agreement states that Barrick Gold Corporation holds 50% of the shares, while Antofagasta has withdrawn. Three federal government agencies own 25% of the project, and Balochistan owns the remaining 50%. The newly established Special Investment Facilitation Council has requested that the deal with Saudi enterprises be completed in the coming months.
