Japan ( The COW News Digital) Japan has expressed keen interest in Pakistan’s Reko Diq mining project, signaling potential international investment in the country’s resource sector. The announcement comes following a high-level meeting between a delegation from the Japan Bank for International Cooperation (JBIC) and Pakistan’s Federal Minister for Petroleum, Ali Pervaiz Malik.
The JBIC delegation was led by Taro Kito, Director General of Mining and Metal Finance. During the meeting, Minister Malik welcomed the interest and described it as a positive step toward strengthening Japanese confidence in Pakistan’s economic prospects. He emphasized that the Reko Diq project enjoys full support at both federal and provincial levels, ensuring a coordinated approach for its successful execution.
“The engagement of the Japan Bank is encouraging for Pakistan’s mining sector,” said Malik. “Investment from Japan highlights international trust in our economy and opens doors for sustainable development in the mineral sector.”
He further highlighted that the Reko Diq project would uphold responsible and sustainable mining standards in Pakistan. The federal minister also assured that comprehensive steps have been taken to align Pakistan’s mining framework with global best practices, ensuring that the project contributes to economic growth while adhering to environmental and social safeguards.
On the other hand, Taro Kito affirmed that JBIC is exploring opportunities to expand collaboration in mining and energy sectors in Pakistan. He said that the bank will actively work to support initiatives that promote sustainable development and responsible resource utilization.
The Reko Diq project, located in Pakistan’s Balochistan province, is one of the world’s largest untapped copper and gold deposits. In recent years, Pakistan has sought international partnerships to secure financing and technical expertise for the project. Japan’s expressed interest is expected to complement other foreign investment initiatives, including support from the Asian Development Bank and Saudi Arabia, which have also shown intent to participate in the project.
Officials note that the Reko Diq project not only has the potential to generate billions in revenue for Pakistan but also to create employment opportunities and stimulate local economic development in Balochistan. With international backing, the government aims to ensure that the project sets a benchmark for responsible mining practices in the region.
The meeting reflects Pakistan’s commitment to attracting foreign investment in strategic sectors while promoting transparency, accountability, and sustainability in major projects.
