Saudi Delegation Explores Investment Opportunities in Pakistan

Web DeskMay 6, 2024 01:59 AMbusiness
  • High-profile Saudi delegation visits Pakistan to strengthen economic ties
  • Pak-Saudi Investment Conference aims to boost trade and joint ventures
  • Anticipated investment agreements could reach up to $10 billion
Saudi Delegation Explores Investment Opportunities in PakistanImage Credits: nation_pk
A high-profile Saudi delegation explores investment opportunities in Pakistan, aiming to strengthen economic ties and potentially secure billion-dollar investment agreements.

A high-profile delegation from Saudi Arabia has landed in Pakistan to explore investment opportunities and strengthen economic ties between the two countries. The visit follows Prime Minister Shehbaz Sharif's recent trip to Saudi Arabia, where discussions were held with Crown Prince Mohammed bin Salman on various issues.

With Pakistan seeking substantial investments to revitalize its economy, the delegation, consisting of top Saudi investors and businessmen, aims to engage in business-to-business meetings and explore potential trade deals and joint ventures with Pakistani entrepreneurs. The three-day Pak-Saudi Investment Conference, organized at the crown prince's behest, will serve as a platform for fruitful discussions and agreements.

Representatives from diverse sectors such as technology, energy, aviation, construction, mining, and human resources are expected to participate in talks to explore investment opportunities in Pakistan. Potential agreements related to projects like PIA, Bhasha Dam, information technology, mining, chemicals, and meat production are on the agenda.

The Pakistani government anticipates that the visit will result in significant investment agreements, potentially amounting to up to $10 billion. The delegation is set to provide updates to the crown prince on the latest developments, aiming to solidify partnerships and boost economic cooperation between the two nations.

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