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Saudi Minister for Investment Expresses Commitment to Boost Investments in Pakistan

Saudi Arabia’s Vision 2030 Aligns with Pakistan’s Economic Goals

by Haktaurus
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Saudi Arabia’s Minister for Investment, Khalid bin Abdulaziz Al-Falih, has voiced a strong commitment to enhancing investments in Pakistan during a G2G (government-to-government) roundtable conference held on Friday in Islamabad. The event was attended by a delegation of Saudi investors and key members of Pakistan’s federal cabinet.

During the meeting, Al-Falih highlighted Pakistan’s immense investment potential, praising his recent engagements with Prime Minister Shehbaz Sharif and other senior officials. He expressed satisfaction with the outcomes of these discussions and emphasized that they would likely lead to positive results. The Saudi minister reaffirmed his country’s dedication to strengthening bilateral cooperation.

Federal ministers who participated in the roundtable were quick to express their appreciation for Saudi Arabia’s support and cooperation. Finance Minister Muhammad Aurangzeb reassured the Saudi delegation that Pakistan’s economy was on a steady path toward stability, with key indicators showing positive trends.

Petroleum Minister Musadik Malik emphasized that Saudi Arabia’s Vision 2030 aligns closely with Pakistan’s economic goals, presenting a promising avenue for future collaboration. He highlighted how both nations could benefit from deeper cooperation in the energy sector.

Privatisation Minister Abdul Aleem Khan assured the delegation that Pakistan would provide all necessary support to Saudi businesses interested in investing in the country, ensuring a conducive environment for growth.

Commerce Minister Jam Kamal Khan stressed the importance of strengthening economic ties between the two countries, particularly in sectors like textiles, leather, and food. He also announced that a 30-member Pakistani trade delegation would visit Saudi Arabia next month to explore new opportunities for bilateral trade.

Minister of State for IT and Telecommunication, Shaza Fatima Khawaja, briefed the attendees on Pakistan’s ongoing digitization and e-governance initiatives, underlining the role of technology in driving economic growth and attracting foreign investments.

The event showcased a strong determination from both sides to enhance bilateral relations and explore new pathways for investment, further strengthening the economic ties between the two nations.

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