Saudi Arabia has reaffirmed its intention to invest $10 billion in Pakistan, according to recent statements from Pakistan’s finance officials. The plan focuses on transforming the economic relationship into a business-to-business (B2B) model rather than relying on loans or aid.
Key sectors expected to benefit from the investment include:
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Minerals and mining
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Information technology
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Agriculture and food security
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Tourism
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Manufacturing
One of the major areas of interest is the Reko Diq copper-gold project in Balochistan, where Saudi entities have shown willingness to acquire a stake. Additionally, Saudi Arabia is also examining the possibility of establishing one of Pakistan’s largest oil refinery projects with an estimated cost of around $10 billion.
Officials say the investment package could unlock significant economic opportunities for Pakistan, strengthen investor confidence, and foster long-term strategic cooperation between the two countries.
