KARACHI: The Pakistani government is establishing a special security force and strengthening intelligence networks in Balochistan following a series of militant attacks, a move directly linked to safeguarding the multi-billion dollar Reko Diq copper-gold project.
The decision, announced by Balochistan Chief Minister’s aide Shahid Rind, includes creating a dedicated Frontier Corps for mineral zones and border protection with Iran and Afghanistan. This security overhaul comes after recent attacks by banned groups unsettled international investors.
Key investor Barrick Gold Corporation has initiated an immediate review of all aspects of the Reko Diq project, including security and budgets, citing increased security incidents. The company holds a 50% stake in the venture, central to Pakistan’s hopes of boosting mineral exports.
Despite concerns, associated infrastructure work continues. Barrick’s subsidiary recently signed an export deal with Pakistan International Bulk Terminal (PIBT), which will see a $150 million upgrade at Port Qasim to handle 800,000 tonnes of concentrate annually from 2028.
The provincial government assured it is taking “all possible steps” to protect foreign investment, labeling Reko Diq a flagship project for the underdeveloped region. The project, revived in 2022 after a long dispute, is seen as a potential economic game-changer for Balochistan and Pakistan.
