Pakistan, March 2 -- For the beleaguered economy of Pakistan, the Saudi investment through different projects offers a ray of hope.

The Saudi government has announced to pump in $540 million in the Reko Diq copper and gold project. Reko Diq mine is located in the Chaghi District of Balochistan in Pakistan. The mine is considered one of the world's largest underdeveloped copper-gold areas. With an estimated reserve of 12.3 million tons of copper and 20.9 million ounces of gold, the development of Reko Diq is expected to have a significant impact on Pakistan's struggling economy.

The production is stated to commence by 2028, aiming for an initial output of 200,000 tonnes of copper annually by 2029. Over a projected lifespan of 37 years, t...