October 09, 2025 (MLN): Investor confidence in Pakistan’s energy and infrastructure sectors received a strong boost as two key Memorandums of Understanding (MoUs) were signed during a high-level Saudi delegation’s visit to the Sindh Chief Minister House on Thursday.
The first MoU was signed for the sale and purchase of shares in KES Power Ltd, while the second was inked between K-Electric Limited and Trident Energy Ltd to explore strategic cooperation and investment opportunities in Pakistan’s power sector.
The agreements signal renewed international interest in Pakistan’s energy market, with a focus on strengthening power generation, transmission, and distribution infrastructure.
The MoUs were signed in the presence of Sindh Chief Minister Syed Murad Ali Shah and Prince Mansoor bin Mohammad Al Saud, Chairman of the Saudi-Pak Joint Business Council, who led a 30-member business delegation to Karachi.
Prince Mansoor lauded the province’s improving business climate and announced that sector-specific sub-committees will be formed under the Saudi-Pak Business Council to identify and facilitate targeted investments.
“Pakistan is the gateway for trade across the entire region and offers immense potential across multiple sectors,” Prince Mansoor said. “Saudi investors see Pakistan’s privatization drive as an opportunity for long-term partnerships.”
Chief Minister Shah invited Saudi investors to tap into Sindh’s $5 billion investable portfolio spanning energy, mining, infrastructure, technology, water management, and tourism.
He highlighted Sindh’s leadership in implementing Pakistan’s first Public-Private Partnership (PPP) model, which has delivered several landmark projects in collaboration with global institutions including the World Bank, ADB, Shanghai Electric, Engro, and McKinsey.
He reaffirmed his government’s commitment to streamlining investment processes, digitizing land records, and ensuring one-window facilitation for foreign investors.
“Sindh offers a ready ecosystem for energy, industry, and infrastructure development,” Shah said. “Our goal is to provide full support from planning to execution.”
A detailed presentation to the Saudi delegation showcased Sindh’s strengths in energy, coal, solar, wind, and gas, alongside its agricultural and industrial capacity.
Flagship projects highlighted included Sindh Engro Coal Mining Company, Sino Sindh Resources’ Thar Block-I project, the Nabisar–Vajihar Water Supply Project, NED Technology Park, and tourism ventures such as Hawks Bay Beach Resort and Keenjhar Lake Resort.
Both sides agreed to form joint working groups in priority sectors to convert discussions into concrete investment partnerships.
The visit marked a major step forward in Saudi-Pakistan economic cooperation, aligning with Saudi Vision 2030 and Sindh’s ambition to position itself as Pakistan’s hub for energy and industrial growth.
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