ISLAMABAD: According to Radio Pakistan, Prime Minister Shehbaz Sharif has urged Saudi investors to come to Pakistan and invest in a variety of fields.
In a speech to a group of Saudi businessmen and investors in Islamabad, he stated that Pakistan has significant untapped potential for investment in a variety of industries, including agriculture and minerals.
He stated that Saudi Arabia and Pakistan have excellent brotherly ties and that both countries should turn their mutual cooperation into an economic relationship.
According to the prime minister, Pakistan has always benefited from Saudi Arabia’s economic and diplomatic assistance.
The prime minister also emphasized Pakistan’s commitment to expanding bilateral cooperation with Saudi Arabia in a variety of areas, including trade and investment.
Attendees were given background information indicating that Pakistan is a developing nation in terms of investment potential, boasting a large number of facilities for conducting business and making secure investments.
Tourism, minerals, textiles, leather, and other industries, he said, offer numerous opportunities for commerce and investment.
Furthermore, it was mentioned at the conference that investments in the oil refinery business in Gwadar are possible, which is a sector in which Saudi investors have shown a strong interest.
During the conference, Pakistan and Saudi Arabia agreed to accelerate their development in the areas of commerce and investment. It was also decided that the Pakistan-Saudi Arabia Joint Working Group would be activated to help with these initiatives.
