Saudi Company Announces $200 Million Investment Plan Across Multiple Sectors in Pakistan

0 0

A Saudi company is exploring multi-sector investment opportunities in Pakistan, with each proposed project valued at a minimum of USD 200 million, as Islamabad seeks to boost foreign direct investment from Gulf countries.

The delegation from Saudi firm Kyan visited Islamabad and showed interest in sectors such as energy, mining, information technology, agriculture, and livestock. Their visit coincided with Indus AI Week, organized by the Ministry of Information Technology and Telecommunication.

During meetings with Federal Minister for Board of Investment Qaiser Ahmed Sheikh, the delegation presented proposals for potential projects and indicated plans to bring additional Saudi investors to Pakistan. The Board of Investment emphasized support through its Business Facilitation Center, offering a single-window mechanism for investor approvals and coordination. The minister also highlighted Pakistan’s large consumer market of over 250 million people and its strategic location providing access to Central Asia, positioning the country as a regional trade and investment hub.

The outreach aligns with Pakistan’s efforts to strengthen investor confidence and expand industrial capacity amid economic stabilization. Saudi Arabia remains a key partner, both as a major source of remittances and a potential contributor to long-term investments in mining, energy, and infrastructure sectors, although several projects are still in exploratory or negotiation stages.


Similar news

Add a comment

Publications

Rating

+