Pakistan, Saudi Arabia strengthen investment links

October 17, 2025 (MLN): Pakistan has reaffirmed its commitment to strengthening economic and investment cooperation with Saudi Arabia, emphasizing efforts to attract strategic investments and expand bilateral trade.

In a meeting held on the sidelines of the IMF, World Bank Annual Meetings in Washington D.C., Finance Minister Muhammad Aurangzeb sought Saudi support for infrastructure development projects during his discussions with Saudi Finance Minister Mohammed Aljadaan. Both sides reviewed the upward trajectory of trade and investment relations between the two nations.

The Finance Minister emphasized that Pakistan remains dedicated to implementing structural reforms under the IMF programme to ensure long-term macroeconomic stability.

He briefed his Saudi counterpart on the ongoing privatization process of Pakistan International Airlines (PIA) and key airports, highlighting the Government’s focus on transparency and efficiency to attract global investors.

Both ministers agreed that international institutions such as the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) could play a vital role in mobilizing and de-risking private sector investments in Pakistan.

Separately, during a meeting with the CEO of the U.S. International Development Finance Corporation (DFC) in Washington D.C., Aurangzeb highlighted promising investment opportunities across Pakistan’s oil and gas, mines and minerals, agriculture, information technology and pharmaceutical sectors.

He noted a strong consensus at the leadership level to enhance Pakistan–U.S. economic cooperation and welcomed the DFC’s interest in facilitating private sector-led funding for development projects in Pakistan.

The meetings underscore Pakistan’s proactive engagement with global partners to attract foreign investment, promote sustainable growth and strengthen economic resilience.

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