Pakistan-Saudi Arabia investment conference kickstarts in Islamabad

May 06, 2024 (MLN): A two-day Pakistan-Saudi Arabia investment conference is beginning in Islamabad today to promote bilateral trade and investment, as per the latest news post from the Information Ministry.

A fifty-member high-level business delegation from Saudi Arabia will attend the conference to explore investment opportunities in different sectors as well as to forge strong bonds with local entrepreneurs.

Some thirty Saudi companies, representing different economic sectors, including information technology, telecom, energy, aviation, construction, mining exploration, agriculture and human resource development are part of the delegation.

Earlier, Prime Minister Shehbaz Sharif had established a steering committee to gear up for strategic business talks with Saudi Arabia.

To note, Saudi Arabia Foreign Minister Prince Faisal Bin Farhan Al Saud, heading a delegation, arrived on a two-day visit in Pakistan on April 16-17.

He had expressed great significance and interest in the improving investment ecosystem in Pakistan.

The Saudi side had appreciated Special Investment Facilitation Council’s (SIFC) role in amicable resolution of KSA's legacy investment/business-related issues and had shown keen interest in investing in key sectors of Pakistan.

The Pakistan side had assured the Saudi side of maximum support and facilitation in fast-tracking the Kingdom's prospective multibillion dollars investments in Pakistan.

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