Home ยป Saudi investment delegation arrives in Islamabad; 30 agreements expected

Saudi investment delegation arrives in Islamabad; 30 agreements expected

by Ali Haider
Saudi investment delegation

Saudi Investment Delegation Pakistan: Strengthening Economic Ties

High-Level Delegation Lands in Islamabad

A significant Saudi investment delegation arrived. They landed at Nur Khan Airbase in Islamabad. The high-level group is led by Khalid bin Abdulaziz. He serves as the Saudi Minister of Investment. Senior Pakistani officials welcomed the team. This included Commerce Minister Jam Kamal. Miftah Ismail and the Saudi Ambassador were also present. The delegation consists of 130 members.

Thirty Agreements Worth Billions

The visit targets major investment agreements. Nearly 30 agreements are expected to be signed. Initial investments are projected at $2 billion. This covers trade and investment between the two nations. The Ministry of Commerce projects a larger goal. Total Saudi investment may reach $5 billion by 2027. This represents a massive vote of confidence.

Detailed Schedule for Investment Talks

The visit includes a comprehensive schedule. Prime Minister Shehbaz Sharif will host a dinner. This private event honors the Saudi delegation. The delegation will visit key sites tomorrow. They will see the National Aerospace Science and Technology Park (NASTP). They will also meet with military officials briefly.

Ministerial Roundtables and Sectoral Sessions

Ministerial-level roundtables start the day after. The delegation will hold plenary sessions. Sectoral breakout sessions are also planned. Officials from various ministries will participate. This includes Energy and Information Technology. Food Security and Petroleum ministries will also be present. Representatives from services and industry are also included. All sessions focus on maximizing trade and investment. The Saudi Investment Delegation Pakistan aims for actionable results.

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