Five Business Groups Announce Major Investment in Balochistan

Five business groups announced billions of dollars of investment in Balochistan, as a new joint venture plans major mining projects to boost jobs and growth.

The announcement came after a joint venture agreement between Mari Minerals and Global Core Minerals Limited. The deal signals strong interest from major business groups in Pakistan’s mineral sector.

Under the agreement, Global Core Minerals Limited will invest billions of dollars in different mineral projects across Balochistan. The focus will be on long-term development and modern exploration methods.

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The companies plan to explore gold, copper, and other minerals in the Chagai district. This area is known for its rich natural resources and high potential for large-scale mining.

Former Federal Minister Gohar Ejaz said that mineral development can bring peace, progress, and employment. He added that continued investment in Balochistan will help strengthen the economy and improve local livelihoods.