Pakistan, June 27 -- Komatsu, a Japanese heavy machinery manufacturer, is set to invest millions of dollars in a maintenance hub for mining equipment in Pakistan, reported Nikkei Asia.
According to the report, Komatsu Pakistan Mining is expected to be established in Karachi, the financial hub of Pakistan, by the end of the year.
It further added that Komatsu, which already runs a software development centre in Pakistan, will spend $100 million on facilities for inspecting and repairing mining machinery.
"It will also eventually build up the staff to roughly 500 engineers and operators," read the report.
On Wednesday, Komatsu informed that it has inked a $440 million contract with Canada's Barrick Mining to develop the Reko Diq gold mine...