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Shehbaz Sharif, PM, will personally oversee Saudi investment

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Thanking Saudi Crown Prince Mohammed bin Salman for sending a high-level delegation that will usher in a new era of Saudi investment in Pakistan, trade partnerships, and business ties, the prime minister chaired a meeting to review issues pertaining to the recent high-powered Saudi delegation and Saudi investment in various sectors.

He applauded the efforts of the relevant senior officers, Special Investment Facilitation Council, and federal ministers for turning the Saudi delegation’s visit into a partnership that would benefit both parties.

In order to get the desired results, he asked for the ministries to be capacitated and gave the relevant authorities instructions to hire top-tier professionals to carry out the foreign investment projects.

In order to guarantee that the projects agreed upon with the Saudi delegation are carried out, the prime minister requested the Board of Investment, SIFC, and other ministries to design a system.

He stated that Saudi Arabia and Pakistan had friendly relations and that the Kingdom had always helped Pakistan in its time of need.

The Saudi King and Crown Prince were commended by Prime Minister Shehbaz for their strong desire to advance Pakistani-Saudi collaboration and partnerships.

He reaffirmed the determination of his administration to pursue all feasible avenues for the advancement and well-being of the nation.

Following a discussion of potential investments in the domains of mining, agriculture, energy, information technology, and infrastructure development, the meeting was informed of the interest and offer for various projects made by the Saudi delegation.

The inclusion of Pakistan in the global supply and value chains was also discussed by both parties, and Pakistan’s readiness for this role was greatly acknowledged.

The attendees of the meeting saw the arrival of friendly delegations to investigate investment prospects as a positive development and hailed the present administration’s diplomatic achievements.

The prime minister gave orders to all relevant ministries and departments to provide special attention to business-to-business and government-to-government agreements, and to treat the local business community with confidence in this regard.

Federal Ministers Mohammad Ishaq Dar, Khawaja Muhammad Asif, Jam Kamal Khan, Ahad Khan Cheema, Ataullah Tarar, Rana Tanveer Hussain, Ahsan Iqbal, Salik Hussain Chaudhry, Sardar Awais Khan Leghari, Abdul Aleem Khan, Dr. Musadik Malik, Minister of State Shaza Fatima Khawaja, Special Assistant Tariq Fatemi, Deputy Chairman Planning Commission Muhammad Jehanzeb Khan, members of the National Assembly Bilal Azhar Kayani and Rumina Khursheed Alam, Prime Minister Rana Ehsan Afzal’s coordinator, as well as other pertinent figures, attended the meeting.

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