ISLAMABAD: A renowned Saudi company is eyeing multi-sector investment opportunities in Pakistan. Each project will have an estimated value of $200 million amid Islamabad’s efforts to attract foreign direct investment from Saudi Arabia and other Gulf countries.
According to a statement issued by the Ministry of Information, a delegation from Saudi firm Kyan visited Islamabad and expressed interest in several sectors, including energy, mining, information technology, agriculture, livestock, and related industries.
The delegation also attended Indus AI Week, an event organised by the Ministry of Information Technology and Telecommunication, where it engaged with stakeholders and explored Pakistan’s emerging digital landscape.
Moreover, the visiting team held meetings with Federal Minister for the Board of Investment Qaiser Ahmed Sheikh and shared proposals for multiple potential projects. The ministry said each proposal carries an estimated minimum investment of $200 million. In addition, the delegation conveyed interest in bringing further Saudi investors to Pakistan, signalling broader investment engagement beyond the current visit.
Pakistan offers incentives through SEZs and one-window facilitation
Welcoming the delegation, the minister highlighted Pakistan’s market potential and strategic location. He said Pakistan’s population of over 250 million provides a large and growing consumer base. Furthermore, he noted that Pakistan’s geographic position offers access to landlocked Central Asian states, strengthening its role as a regional trade and investment hub.
Meanwhile, the Board of Investment offered facilitation through its Business Facilitation Center, which provides a one-window mechanism for approvals, coordination, and investor support. The minister also assured the delegation that the government would arrange meetings with local businesses and facilitate visits to Special Economic Zones, where investors can benefit from income tax exemptions and import duty relief.
The outreach comes as Pakistan works to stabilise its economy and expand industrial capacity. Saudi Arabia has pledged billions of dollars in potential investments in Pakistan’s mining, energy, and infrastructure sectors in recent years. However, several projects remain at exploratory or negotiation stages.
Saudi Arabia is the largest source of worker remittances. The KSA is also a key partner in securing external financing and long-term investments for Pakistan.
