Pakistan, China agree to extend lease period of Saindak copper-gold project

ISLAMABAD – Prime Minister Shahid Khaqan Abbasi says the government has formulated investor-friendly policies and provided a suitable environment to foreign companies.

He made these remarks while witnessing signing ceremony of an agreement for extension of the lease contract period of Saindak Copper-Gold Project between Saindak Metals Limited and Metallurgical Corporation of China in Islamabad on Thursday.

He said Chinese investment in Pakistan will pay long-term dividends for the welfare of our countrymen.

The Prime Minister appreciated the efforts of MCC in developing the Saindak Project to its commercial operation stage. He said the project has employed over 1500 Pakistanis and is also providing free services to the local villages at Balochistan.

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