Saudi Arabia is very interested in investing in Pakistan’s mining, energy, agriculture, and information technology sectors, according to ARY News.
A special delegation of sixteen high-ranking officials from Saudi Arabia, led by Deputy Foreign Minister Waleed Al-Khuraiji, showed strong interest in Pakistan’s energy and IT sectors during their two-day visit to Pakistan. However a friendly nation’s first visit aimed to boost foreign investment through the Special Investment Facilitation Council (SIFC). It highlighted Saudi Arabia’s commitment to investing in Pakistan, and the visit concluded today.
The visiting delegation was provided with a comprehensive overview of Pakistan’s untapped potential, with a specific emphasis on how the Special Investment Facilitation Council (SIFC) can play a pivotal role in encouraging foreign investments across various sectors. However this presentation shed light on the possibilities that lie ahead for Pakistan’s economic growth.
Conversations between the Saudi Arabian delegation on the other hand Pakistani officials revolved around targeted development projects. The delegation eagerly shared the advantages of Saudi investments and their innovative concepts for different sectors within Pakistan. This exchange highlighted both sides’ commitment to collaborating on diverse projects, underscoring their joint effort to strengthen cooperation.
As their visit drew to a close, the Saudi delegation engaged in discussions with Army Chief General Syed Asim Munir. This meeting addressed shared concerns and strengthened the enduring bond between the two nations, cementing their relationship.
Expressing contentment, the Saudi Deputy Foreign Minister acknowledged the value of the productive discussions held with Pakistani authorities. He expressed enthusiasm for continued collaboration, hinting at a potential agreement that promises mutual benefits and propels both nations forward.
Waleed Al-Khuraiji, while underscoring the warmth of Saudi Arabia’s bilateral relations, assured that the nation’s leadership, including King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman Al Saud, remains steadfast in their commitment to nurturing and enhancing the ties between Saudi Arabia and Pakistan.