5 billion dollars investment in Pakistan, Saudi Foreign Minister arrives in Pakistan with delegation – Business & Economy

A high-level Saudi delegation led by Foreign Minister reached Islamabad to review investment opportunities for Saudi investors in Pakistan.

The flight of the Saudi Foreign Minister was delayed due to rains and bad weather. The flight of the Saudi Foreign Minister was supposed to reach Islamabad at 4:30. Landed at Noor Khan Airbase at 6 o’clock.

When the Saudi foreign minister came out of the plane, his Pakistani counterpart Ishaq Dar welcomed him.

During the recent visit of Prime Minister Shehbaz Sharif to Saudi Arabia, the Saudi leadership assured investment in Pakistan.

After the meeting of Saudi Crown Prince Mohammed bin Salman and Prime Minister Shehbaz Sharif, in a joint statement, the commitment to complete the first phase of the Saudi investment package worth 5 billion dollars in Pakistan was reiterated.

According to sources, the Saudi delegation will be led by Saudi Foreign Minister Faisal bin Farhan Al Saud, while the delegation will include the Minister of Industry, Minister of Energy, other ministers, Saudi investors and economic experts.

After the Saudi delegation completes the initial work of agreements regarding projects and investments in Pakistan, two weeks later, in the first or second week of May, Muhammad bin Salman is also expected to arrive in Pakistan, upon his arrival, regular agreements on investment projects will be signed. Saudi investment will be started in Pakistan by finalizing it, which will lead to vast achievements for Pakistan in the economic field.

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2024-04-15 19:24:44

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