Saudi investment minister expresses willingness to enhance investments in Pakistan
PHOTO: RADIO PAKISTAN
Saudi Arabia’s Minister for Investment, Khalid bin Abdulaziz Al-Falih, has expressed a strong willingness to further boost investments in Pakistan.
He made these remarks during a G2G (government-to-government) roundtable conference between the Saudi investors' delegation and members of Pakistan’s federal cabinet, held in Islamabad on Friday.
Highlighting Pakistan’s vast investment potential, the Saudi minister said that his meetings with Prime Minister Shehbaz Sharif and other senior officials had been highly productive and were expected to yield positive results. He expressed satisfaction with his visit and reaffirmed Saudi Arabia’s commitment to enhancing bilateral cooperation.
Federal ministers participating in the roundtable expressed their gratitude to the Saudi government and assured the visiting delegation of Pakistan’s full cooperation in facilitating investment opportunities.
Finance Minister Muhammad Aurangzeb highlighted that Pakistan's economy was moving towards stability, with all key indicators showing positive trends.
Petroleum Minister Musadik Malik stated that Saudi Arabia's Vision 2030 aligns with Pakistan's economic priorities, paving the way for greater collaboration between the two nations.
Privatisation Minister Abdul Aleem Khan assured the Saudi delegation that Pakistan would extend all possible support to Saudi businesses looking to invest.
Commerce Minister Jam Kamal Khan noted that strengthening ties between the business communities of both countries would provide a significant boost to bilateral trade, particularly in sectors such as textiles, leather, and food.
He also announced that a 30-member Pakistani trade delegation would visit Saudi Arabia next month to explore new avenues for cooperation.
Minister of State for IT and Telecommunication Shaza Fatima Khawaja briefed the attendees on the government's digitisation and e-governance initiatives, emphasising the role of technology in facilitating growth and investment.