Kuwait seeks to broaden investment portfolio in Pakistan

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MG News | December 18, 2025 at 09:50 AM GMT+05:00

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December 18, 2025 (MLN): Kuwait is interested in expanding its investment footprint in Pakistan as both countries agreed to deepen cooperation in energy, investment and trade.

The understanding emerged during a meeting between Pakistan’s Federal Minister for Petroleum Ali Pervaiz Malik and Kuwait’s Minister of Finance and Renewable Energy and Chairman of the Kuwait Investment Authority (KIA), Dr. Subaih Al-Mukhaizeem.

Both sides highlighted the historic and brotherly ties between Pakistan and Kuwait and reaffirmed their commitment to strengthening collaboration across multiple sectors, said a press release issued.

Dr. Subaih Al-Mukhaizeem noted that Kuwait already maintains a significant investment portfolio in Pakistan and expressed keen interest in further expanding investments.

He stated that the Kuwait Investment Authority is willing to explore new opportunities and work closely with relevant stakeholders to enhance bilateral investment.

The Pakistani side welcomed Kuwait’s continued confidence in the country’s economy and emphasized the government’s commitment to providing a conducive environment for foreign investment, particularly in the energy and infrastructure sectors.

In a separate meeting, discussions were held with the Chairman of Meezan Bank Pakistan, Riyadh Al Edrissi, where the strong performance of the bank was appreciated. The minister observed that successful foreign investment ventures help reinforce investor confidence in Pakistan’s financial sector.

The federal minister also met with the Director General of the Kuwait Fund for Economic Development, Waleed Shamlan Ahmad, to discuss enhancing development funding and cooperation on projects aimed at supporting Pakistan’s socio-economic growth.

Additional meetings at the Kuwait Investment Authority, especially with its Deputy Managing Director, focused on further exploring investment opportunities and strengthening institutional cooperation between Pakistan and KIA.

During interactions with the Pakistani business community in Kuwait, overseas Pakistanis were described as a valuable national asset, acknowledged for their role in supporting Pakistan’s economy, investment climate and bilateral relations.

The engagements reflected the shared resolve of Pakistan and Kuwait to further strengthen their strategic partnership and expand collaboration for sustainable growth and prosperity.

 

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