Prime Minister pitches bankable projects to attract Saudi investment

March 12, 2024 (MLN): The government’s priority is to transform the time-tested bilateral relations between Pakistan and Saudi Arabia into a mutually beneficial, strategic and economic partnership, with a focus on attracting Saudi investment for bankable projects in Pakistan, Prime Minister Shehbaz Sharif stated on Monday.

According to a press release issued on the same day, the PM made these remarks during a meeting with Nawaf bin Saeed Ahmad Al-Malkiy, Ambassador of the Kingdom of Saudi Arabia to Pakistan.

Given the special fraternal relationship between Pakistan and Saudi Arabia, the Prime Minister said the Saudi Ambassador was the first envoy he was receiving after the assumption of office.

The Prime Minister thanked the Saudi authorities for expanding the scope of the “Road to Makkah” initiative, which will facilitate Pakistani Hajj pilgrims.

While extending an invitation to the Prime Minister to visit Saudi Arabia, the Saudi Ambassador assured the Prime Minister of the Saudi leadership’s full support.

He said that Saudi Arabia would always remain a reliable partner for building a stronger and prosperous Pakistan.

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