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Home Business

Royalty paid to the firms orchestrating the Saindak project

by News Desk
March 2, 2021
in Business, Main, New
Reading Time: 1 min read
The Saindak Project, Balochistan
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On Monday, At the first meeting of the special committee of the Balochistan Assembly on Saindak project asked the departments concerned to submit reports about royalty so far paid to the provincial government by the Chinese company.


It’s been two years now since the committee has been formed by Speaker Mir Abdul Qudoos Bizenjo when MPA Sanaullah Baloch moved the resolution in the Balochistan Assembly demanding the handing over of the Saindak project to the Balochistan government as after the passage of the 18th constitution amendment by the parliament it had become a provincial subject. 


In 2002 the Chinese Company MCC Resources Development Company Limited [MRDL] took over the Saindak project in the Chagai district and has been orchestrating the project since then.

Tags: BalochistanChinaMineralsSaindak projectTrade
News Desk

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