ISLAMABAD: Out of the total $6 billion funding committed by all international lenders for Reko Diq, the Asian Development Bank (ADB) has committed to provide financing of $410 million.
Visiting ADB President Masato Kanda met Prime Minister Shehbaz Sharif here on Thursday.
In his post on ‘X’, the ADB president stated, “In Islamabad, I met with Prime Minister Shehbaz Sharif and senior leaders, where we discussed how Pakistan can harness its vast critical mineral wealth for sustainable and inclusive growth.”
The ADB’s headquarters’ $410 million financing for Reko Diq will strengthen supply chains, attract private sector investment and position Pakistan as a key supplier in the global green transition. “Together we will unlock Pakistan’s potential and improve lives across the country,” he added.