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Baner Club > Blog > Business > Saudi Investment Minister: Pakistan is a “high priority” economic opportunity for us.
BusinessPakistan

Saudi Investment Minister: Pakistan is a “high priority” economic opportunity for us.

Pak-Saudi investment moot begins in Islamabad; FinMin expresses commitment to facilitate private sector

Last updated: 2024/05/07 at 12:36 PM
Published May 7, 2024
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Beginning on a bright note, the leader of the Saudi delegation declared that “Pakistan is a high priority economic, investment and business opportunity” as the two-day investment conference between Pakistan and Saudi Arabia got underway on Monday.

The Deputy Investment Minister of Saudi Arabia, Ibrahim Almubarak, is leading a 50-person high-level trade delegation from Saudi Arabia to Islamabad to investigate potential trade and investment opportunities.

In addition to establishing a new age of growth and prosperity for the people of both nations, the conference has been organized in light of decisions made during discussions between Saudi Crown Prince Mohammed Bin Salman and Prime Minister Shehbaz Sharif about the promotion of bilateral commerce and investment.

Speaking at the event, Ibrahim Almubarak emphasized that Pakistan is “very suitable for investment” according to Saudi businesses.

“Our visit to Pakistan is a continuation of the previous visit […] Saudi government and companies are giving preference to Pakistan for investment,” the official said.

The dignitary emphasized that a significant portion of Pakistanis are actively involved in the Kingdom’s growth and stated that Saudi investors are keen to make investments in Pakistan across a range of industries.

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admin May 7, 2024 May 7, 2024
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