{"id":83288,"date":"2022-01-24T12:40:22","date_gmt":"2022-01-24T07:40:22","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83288"},"modified":"2022-01-24T12:40:45","modified_gmt":"2022-01-24T07:40:45","slug":"reko-diq-project-balochistan-to-get-higher-share-in-profit","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/reko-diq-project-balochistan-to-get-higher-share-in-profit.html","title":{"rendered":"Reko Diq project: Balochistan to get higher share in profit"},"content":{"rendered":"\n<p>Quetta: Balochistan Chief Minister (CM) Mir Abdul Qudoos Bizenjo on Friday (January 21) announced that the provincial government will get an increased profit share in the Reko Diq project, news sources reported. The share has been raised from the previously set figure of 2%.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/court-releases-pias-assets-in-reko-diq.html\" target=\"_blank\" rel=\"noreferrer noopener\">International court releases PIA\u2019s assets in Reko Diq lawsuit<\/a><\/p>\n\n\n\n<p>According to reports, the minister stated that the federal government at the request of the provincial government has purchased shares in a company that had abandoned the project. The additional shares will be transferred to the Balochistan government before the work on the project begins. It was also revealed that the firms engaged in the project have been asked to invest PKR 40 billion on<a href=\"https:\/\/www.zameen.com\/news\/pm-major-infrastructure-projects-in-gwadar.html\" data-type=\"post\" data-id=\"77665\" target=\"_blank\" rel=\"noreferrer noopener\"> public infrastructure and community development projects<\/a> at the Reko Diq project site. The funds will be spent prior to the project&#8217;s commencement date.\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/gda-gwadar-city-master-plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">GDA discusses Gwadar city master plan<\/a><\/p>\n\n\n\n<p>Moreover, CM Bizenjo stated that the government will soon launch a<a href=\"https:\/\/www.zameen.com\/news\/gwadar-to-get-3200-solar-power-generation-units-by-march.html\" data-type=\"post\" data-id=\"82901\" target=\"_blank\" rel=\"noreferrer noopener\"> power supply project for Gwadar<\/a>. The power will be acquired from Iran, and a high-level delegation will be visiting the country soon to discuss the matter. Furthermore, the Makran coast will be linked to the national grid, and all three districts of Makran will soon get power.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quetta: Balochistan Chief Minister (CM) Mir Abdul Qudoos Bizenjo on Friday (January 21) announced that the provincial government will get an increased profit share in the Reko Diq project, news sources reported. The share has been raised from the previously set figure of 2%.\u00a0\u00a0 Read: International court releases PIA\u2019s assets in Reko Diq lawsuit According to reports, the minister stated that the federal government at the request of the provincial government has purchased shares in a company that had abandoned the project. The additional shares will be transferred to the Balochistan government before the work on the project begins. It was also revealed that the firms engaged in the project have been asked to invest PKR 40 billion on public infrastructure and community development projects at the Reko Diq project site. The funds will be spent prior to the project&#8217;s commencement date.\u00a0\u00a0\u00a0 Read: GDA discusses Gwadar city master plan Moreover, CM Bizenjo stated that the government will soon launch a power supply project for Gwadar. The power will be acquired from Iran, and a high-level delegation will be visiting the country soon to discuss the matter. Furthermore, the Makran coast will be linked to the national grid, and all three&hellip;<\/p>\n","protected":false},"author":84,"featured_media":67076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[50705,50704,50703],"persona":[],"class_list":{"0":"post-83288","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-mining-and-minerals","9":"tag-reko-diq-project-balochistan","10":"tag-riko-diq","11":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reko Diq project: Balochistan to get higher share in profit - Zameen News<\/title>\n<meta name=\"description\" content=\"Quetta: Balochistan Chief Minister (CM) Mir Abdul Qudoos Bizenjo on Friday (January 21) announced that the provincial government will get an increased\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/reko-diq-project-balochistan-to-get-higher-share-in-profit.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reko Diq project: Balochistan to get higher share in profit - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Quetta: Balochistan Chief Minister (CM) Mir Abdul Qudoos Bizenjo on Friday (January 21) announced that the provincial government will get an increased\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/reko-diq-project-balochistan-to-get-higher-share-in-profit.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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