Barrick Gold Corp has provisionally approved $3 billion in financing for Pakistan’s largest mineral development—the Reko Diq copper-and-gold mine. According to Bloomberg, the final deal is expected to close in Q3 2025, with support from the World Bank’s IFC, as well as funding agencies from the US, Germany, and Japan. Construction will begin this year, and production is targeted for 2028.
This announcement represents more than just a mining deal. It reflects a growing shift in how the world views Pakistan as a country with serious economic potential. At One Homes, we see it as another sign that the case to invest in Pakistan is getting stronger. For overseas Pakistanis, this is a moment of pride. Global institutions are backing long-term projects, and Pakistan is stepping into a new phase of growth.
A Global Vote of Confidence in Pakistan’s Future
The Reko Diq project is valued at $70 billion, and that figure could double. With an estimated $8 trillion in untapped mineral wealth, Pakistan is gaining attention from serious international players. According to Barrick’s CEO, Reko Diq will rank among the top 10 gold reserves in the world, and this is just the beginning. The mine is expected to create 7,500 jobs during peak construction and 4,000 permanent roles once operational, with a focus on hiring and training locals.
This kind of long-term investment, backed by multilaterals and global governments, sends a clear message: Pakistan is no longer being viewed as a short-term or high-risk market. It is being treated as a serious investment destination. And as infrastructure builds out, other sectors, like real estate, will grow alongside it.
Why This Matters for Real Estate and Overseas Investors
Major investments like Reko Diq have ripple effects. As new jobs are created and local economies expand, demand for housing and services grows. This is especially true in urban hubs like Islamabad and Lahore, where much of the administrative and commercial spillover takes place.
At the same time, the World Bank and IFC’s involvement signals improved transparency and governance, key indicators that overseas investors watch closely. For those considering overseas investment in Pakistan, this is the kind of long-term anchor that builds confidence. Economic development fuels real estate demand, and that creates a direct opportunity for those looking to grow their portfolios.
One Homes: Building for What’s Next
At One Homes, we’re creating luxury residences that let overseas Pakistanis be part of this progress. Our developments in Islamabad and Lahore are built not just for lifestyle, but for long-term value. With dollar-linked rental returns, strong capital growth, and locations in Pakistan’s fastest-growing cities, our homes offer a smart, future-facing way to invest in Pakistan.
And at a time when Pakistan is attracting global attention for megaprojects like Reko Diq, real estate becomes more than an investment; it becomes a way to stay connected to a country on the rise.
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