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PM Shehbaz Pledges Support for Saudi Investments

PM Shehbaz Pledges Support for Saudi Investments

Prime Minister Muhammad Shehbaz Sharif extended his government’s full support to Saudi investment during a dinner gathering held in honor of a visiting delegation from the Kingdom of Saudi Arabia. He assured the delegation that the Pakistani government would facilitate their future projects in Pakistan through joint ventures, enabling them to be accomplished expeditiously for the mutual benefit of both countries.

Emphasizing the importance of overcoming challenges to capitalize on the opportunity, Prime Minister Sharif stated that Saudi investors and businesspeople were eager to assist Pakistan’s economic development. He reiterated the government’s commitment to providing policy frameworks, acting as a catalyst, and removing bureaucratic hurdles to accelerate economic progress.

Chief of Army Staff General Syed Asim Munir, federal ministers, the Saudi ambassador to Pakistan, delegation members, and senior officials were among those present at the event.

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Prime Minister Sharif highlighted the significance of the Special Investment Facilitation Council (SIFC) in facilitating projects for mutual cooperation and partnership between Pakistan and Saudi Arabia. He expressed satisfaction with the progress achieved during the delegation’s interactions with Pakistani counterparts, anticipating solid agreements worth billions of dollars in investment.

Recalling his meeting with Crown Prince Mohammed bin Salman during his visit to Saudi Arabia, Prime Minister Sharif praised the Crown Prince’s visionary leadership, which had transformed Saudi Arabia into one of the world’s most progressive societies. He emphasized the strong bonds of brotherhood and friendship between Pakistan and Saudi Arabia, acknowledging Saudi Arabia’s longstanding support for Pakistan.

Saudi Assistant Minister for Investment Ibrahim Al Mubarak thanked the prime minister for warmly hosting the delegation, expressing appreciation for the deep friendship and strategic partnership between the two countries. He highlighted the importance of exploring partnerships and achieving shared economic objectives together.