ISLAMABAD: Prime Minister Shehbaz Sharif has assured full governmental backing for Saudi investments, facilitating investors and businessmen to swiftly execute future projects in Pakistan through joint ventures, with the aim of rapid replication for the mutual benefit of both nations.
Speaking at a dinner reception for a visiting Saudi delegation on Monday, the Prime Minister stressed the importance of seizing the opportunity promptly, highlighting the Saudi leadership’s eagerness to assist Pakistan.
PM Shehbaz reiterated the government’s role in providing policy frameworks and removing obstacles to achieve economic goals swiftly, emphasizing the commitment to address bureaucratic barriers hindering foreign investment.
The event, attended by Chief of Army Staff General Syed Asim Munir, federal ministers, the Saudi ambassador, delegation members, and senior officials, underscored Pakistan’s dedication to fostering mutual cooperation through the Special Investment Facilitation Council (SIFC).
The Prime Minister commended the progress made during the delegation’s interactions with Pakistani counterparts, anticipating significant investment agreements worth billions of dollars soon. Reflecting on his visit to Saudi Arabia during Ramadan, PM Shehbaz praised Crown Prince Mohammed bin Salman’s transformative vision, acknowledging KSA’s remarkable progress across various sectors under his dynamic leadership.
Expressing gratitude for Saudi Arabia’s enduring support, the Prime Minister emphasized the strengthening of brotherly ties and anticipated elevated levels of cooperation. Saudi Assistant Minister for Investment, Ibrahim Al Mubarak, echoed these sentiments, appreciating Pakistan’s hospitality and underlining the robust strategic partnership between the two nations, poised to achieve common economic objectives through swift collaboration.
In conclusion, Prime Minister Shehbaz Sharif’s commitment to facilitating Saudi investments underscores Pakistan’s eagerness to bolster bilateral relations and enhance economic cooperation, reflecting a promising path towards shared prosperity for both countries.
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