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$636bn Gold Reserves Found in Tarbela Dam, Pakistan
Gold reserves valued at $636 billion have been discovered in the soil of Tarbela Dam, according to Hanif Gohar, chairman of Air Karachi and former senior vice president of the Federation of Pakistan Chambers of Commerce and Industry.
Gohar said the discovery has been formally presented to the Chief of Army Staff, who responded positively to the briefing.
The chairman explained that divers collected soil samples from inside the dam, which were analyzed in a laboratory to determine the gold content. By extrapolating the results, he estimated the total value of gold in the dam’s soil at $636 billion—an amount that could potentially pay off Pakistan’s national debt.
Gohar stated that he has offered WAPDA the opportunity to undertake the project themselves. If the government declines, his company is ready to invest, extract the gold, and hand it over to the country. He added that his team has already consulted dredging experts in Holland, as well as partners in Amsterdam and Canada. “If the government gives us the green light, we are ready to execute this project,” he said.
In addition to the gold claim, Gohar announced that Air Karachi will launch domestic operations across Pakistan from March 23, with three to five Airbus aircraft. The airline plans to begin international flights after one year of domestic service.
He also revealed plans to build Hyderabad’s first four-star hotel on a five-acre site and emphasized that Pakistan’s budget deficit cannot be addressed without growth in the construction sector. He noted that Karachi’s business environment is currently “on the back foot.”