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PM Shehbaz Sharif invites Saudi investment in Pakistan’s key sectors

Mettis Global • • 1 min read

PM Shehbaz Sharif invites Saudi investment in Pakistan’s key sectors

Prime Minister Shehbaz Sharif received a senior Saudi business delegation on Tuesday and encouraged its members to look at investment options in Pakistan, according to Mettis Link News. The priority areas he listed were agriculture, infrastructure, energy, real estate and information technology. The group is headed by Prince Mansour bin Mohammed Al Saud, who chairs the Saudi-Pak Joint Business Council.

During the meeting at the Prime Minister's House, he passed on greetings to King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman. He described the ties between the two countries as close and brotherly and said Pakistan wanted to turn that relationship into a strategic economic partnership. He also voiced confidence that the visit would help move earlier talks toward memorandums of understanding and agreements.

Mettis Link News also noted that the delegation showed interest in ports, highways, airport outsourcing and power distribution, alongside agriculture, real estate, energy and IT. During the visit, the group will also hold talks with senior government officials and private sector representatives on possible business openings. Federal ministers including Muhammad Aurangzeb and several senior officials attended the meeting.

At a glance

  • Shehbaz Sharif invited Saudi investors to explore opportunities in several priority sectors.
  • Prince Mansour bin Mohammed Al Saud leads the visiting Saudi business delegation.
  • The prime minister expects the visit to facilitate memorandums of understanding and agreements.
Sectors:Power Generation & DistributionTechnology & CommunicationProperty

Originally reported by Mettis Global

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