Parliamentary Secretary Mian Khan Bugti informed the National Assembly on Thursday that discussions are ongoing regarding Saudi Arabia’s potential investment in the Reko Diq mining project. So far, two meetings have taken place between the relevant parties, but no final agreement has been reached.
Responding to a question from MNA Mirza Ikhtiar Baig during the question hour session, Bugti stated that negotiation teams from both Pakistan and Saudi Arabia are actively engaged in dialogue and that the process is moving forward. “Once the talks reach a conclusive stage, the House will be duly informed,” he assured lawmakers.
Addressing a supplementary question from Shagufta Jumani, Bugti clarified that no specific timeline has been set for the investment process. He emphasized that the project is in Pakistan’s national interest and that efforts are underway to expedite the investment phase.
In response to another query from Asad Niazi, Bugti added that both Port Qasim and Gwadar routes could be utilized for transportation needs related to the Reko Diq project.