Saudi investors flock to Sindh

October 09, 2025 (MLN): Sindh took a major step toward attracting foreign capital as Chief Minister Syed Murad Ali Shah hosted Prince Mansoor bin Mohammad Al Saud, Chairman of the Saudi-Pak Joint Business Council, along with a 30-member business delegation at the CM House on Thursday.

The meeting signaled renewed economic momentum between Pakistan and Saudi Arabia, with both sides pledging to expand cooperation across energy, infrastructure, mining, agriculture, tourism, and food security.

Chief Minister Shah invited Saudi investors to tap into Sindh’s growing portfolio of opportunities, emphasizing the province’s pioneering Public-Private Partnership (PPP) model, the first in Pakistan, which has delivered several landmark infrastructure and social-sector projects.

He called for deeper Government-to-Business (G2B) and Business-to-Business (B2B) linkages to drive innovation, technology transfer, and sustainable growth.

Both sides agreed to form joint working groups in priority sectors to translate investment discussions into actionable progress.

Prince Mansoor praised Sindh’s investor-friendly policies and the province’s strong business potential, announcing plans to create sector-specific sub-committees under the Saudi-Pak Business Council to target high-impact investments.

“Pakistan serves as a gateway for regional trade and holds immense tourism potential,” Prince Mansoor said. “Our investors from diverse sectors are committed to exploring opportunities here, especially as Pakistan advances its privatization agenda.”

A comprehensive presentation to the Saudi delegation highlighted Sindh’s economic strengths—from abundant coal, solar, wind, and gas reserves to thriving industrial, logistics, and agribusiness sectors.

Home to nearly 60 million people, Sindh remains a major contributor to Pakistan’s GDP, industry, and tax revenue.

The province currently offers an investable portfolio exceeding $5 billion across technology, water management, infrastructure, and hospitality.

Flagship projects showcased included Sindh Engro Coal Mining Company, Sino Sindh Resources’ Thar Block-I project, Nabisar–Vajihar Water Supply Project, NED Technology Park, and tourism ventures at Hawks Bay Beach and Keenjhar Lake.

Sindh’s proven track record with international partners, including the World Bank, ADB, Shanghai Electric, Engro, and McKinsey, was cited as evidence of its reliability and reform-driven governance.

The chief minister reaffirmed his government’s commitment to simplifying investment processes, digitizing land records, and offering end-to-end facilitation to investors, ensuring coordination with federal institutions for seamless project execution.

The meeting also saw the signing of two key Memorandums of Understanding (MoUs).

The first pertained to the sale and purchase of shares in KES Power Ltd, while the second, between K-Electric Ltd and Trident Energy Ltd, outlined a framework for strategic cooperation and investment in Pakistan’s power sector.

This engagement marked a defining moment in Saudi-Pakistan economic cooperation, aligning with Saudi Vision 2030 and Sindh’s development vision focused on industrial expansion, innovation, and inclusive growth.

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