Komatsu to Establish Mining Equipment Maintenance Hub in Pakistan

Japanese heavy machinery manufacturer Komatsu is preparing to inject a substantial investment into a maintenance center for mining equipment located in Pakistan, according to reports from Nikkei Asia.

The report indicates that Komatsu Pakistan Mining is slated to commence operations in Karachi, Pakistan’s financial center, before the year concludes.

Komatsu, which already operates a software development facility in Pakistan, will allocate $100 million to establish facilities dedicated to the inspection and repair of mining machinery.

The report stated, “The company intends to increase its workforce to approximately 500 engineers and operators.”

On Wednesday, Komatsu announced it had secured a $440 million agreement with Barrick Mining of Canada to supply equipment for the Reko Diq gold mine project in southwestern Pakistan in the coming years, starting in fiscal 2026.

Komatsu noted in a statement, “The deal, valued at $440 million over the initial five years, represents Komatsu’s first significant placement of mining equipment in the Middle East and highlights the growing relationship between the two entities.”

The company further stated that, in line with its commitment to supporting Reko Diq’s operations, Komatsu plans “to establish KOMATSU PAKISTAN MINING (SMC-PRIVATE) LIMITED, a new entity focused on delivering service and technical expertise at Reko Diq.”

Komatsu also shared that “Additional investments will be directed to Komatsu Middle East FZE, the regional headquarters in Dubai, UAE, to facilitate an increased equipment presence in the region.”

Barrick Gold holds a 50% ownership stake in the Reko Diq mine, while the Pakistani government and the Balochistan provincial government jointly own the remaining 50%.

The mines are recognized as among the world’s largest untapped copper-gold reserves, and their development is anticipated to generate a considerable positive impact on Pakistan’s economy.