Achi news desk-
A high-level delegation of investors from Saudi Arabia arrived in Pakistan
Big news for Pakistan’s economy, SIFC’s efforts have paid off. A high-level delegation of investors from Saudi Arabia arrived in Pakistan.
Important business figures are included in the delegation of Saudi investors arriving in Islamabad on a special plane. The senior delegation of Saudi Arabia includes 50 investors from more than 30 companies.
Federal Ministers Mussadej Malik and Jam Kamal welcomed the distinguished guests at the Islamabad Airport. Children presented bouquets of flowers to the honored guests. Saudi Ambassador Nawaf Saeed Al Maliki was also present along with embassy officials. The delegation is led by the Saudi Deputy Minister of Investments. The Saudi delegation arrived in Pakistan at the special order of Crown Prince Mohammed bin Salman.
With the arrival of a delegation of Saudi investors to Pakistan, Bol News special broadcast, economists called the Saudi investment a new milestone.
With the arrival of a delegation of Saudi investors to Pakistan, Bol News special broadcast, economic experts announced Saudi investment as a new milestone. #BOLNews #Breaking news pic.twitter.com/eiYkajZaqV
— BOL Network (@BOLNETWORK) May 5, 2024
10 to 15 billion dollars of investment in Pakistan is expected to be paved. The delegation will participate in the Pak-Saudi investment conference tomorrow morning. The opening session of Pak-Saudi Investments will start tomorrow at 8 am. Pakistani officials will brief the Saudi delegation on the investment sectors.
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The Saudi Deputy Minister of Investments will also speak at the opening session. Pakistan’s Commerce Minister will also speak at the opening session. A number of business meetings between Pakistan and Saudi Arabia are also planned tomorrow. The delegation belongs to the fields of technology, energy, aviation, construction, mining.
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Investments in IT, energy, food, chemicals, meat, mining will be discussed. Investments in agriculture, industry and trade and other joint projects will be discussed. Several agreements and memoranda of understanding are expected to be signed between the two countries. Investment in wind and solar energy projects will also be discussed.
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The Rekodic project will also be discussed with the Saudi delegation. Saudi Arabia is expected to invest more than 10 billion dollars in Pakistan. A high-level delegation of Saudi investors will leave on May 7. The Prime Minister established a committee to arrange the delegation’s visit to Pakistan. Various ministries are represented in the steering committee.
