ISLAMABAD: Kingdom of Saudi Arabia (KSA) will invest one billion US dollars in Reko Diq gold and copper project.
The Finance Ministry sources said that the shares of OGDCL and PPL will be sold to Saudi Arabia.
Sources have said that Saudi Arabia is preparing to make the investment in the next month.
Finance Ministry sources have said that the committee will include officials from Ministry of Finance, OGDCL, PPL and Ministry of Energy.
Sources in the Ministry of Finance say that a summary of the Ministry of Finance and Energy will be sent to Prime Minister Shahbaz Sharif to form a committee.
Read More: Pakistan and Saudi Arabia expect to make progress on the Reko Diq deal
Sources in the Ministry of Finance also say that after the formation of the committee, the committee members will leave for Saudi Arabia for final discussions where a government agreement will be signed between Pakistan and Saudi Arabia for investment in Reko Diq.
