ISLAMABAD – Saudi delegation led by Investment Minister Khalid Bin Abdul Aziz Al Falih called on Pakistan Prime Minister Shehbaz Sharif, today in Islamabad, and pledged to expand investment in mining, agriculture, and infrastructure.
The premier invited H.E Mr Falih to invest in the aviation sector, especially in the outsourcing of international airports in Pakistan. PM said Pakistan-Saudi Arabia ties are based on deep ties and were becoming stronger with each passing day.
PM Sharif emphasized the potential for greater collaboration in various sectors of mutual interest. He also expressed his appreciation for the leadership of King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman in fostering bilateral ties.
The key talks at the Pakistan-Saudi Business Forum comes also on table and PM noticed that dialogue between the two countries’ business communities has paved the way for new investments, reinforcing Saudi Arabia’s commitment to enhancing economic cooperation. He recalled his recent visits to Saudi Arabia and the meetings held with the Crown Prince, marking this visit as the third high-level Saudi delegation to Pakistan in just six months.
He also highlighted the successful signing of multiple Memorandums of Understanding (MoUs) earlier this year, demonstrating the deepening partnership. The Prime Minister pointed to the achievements of the Special Investment Facilitation Council (SIFC) in attracting foreign investment to Pakistan.
Reaffirming Pakistan’s commitment to Saudi Arabia’s sovereignty, he expressed readiness to strengthen defense ties, particularly in support of Saudi Arabia’s Vision 2030 initiative aimed at developing indigenous defense capabilities.
Furthermore, the Prime Minister acknowledged Saudi Arabia’s leadership within the Organization of Islamic Cooperation (OIC) on critical issues such as Palestine and Kashmir, while also emphasizing the important role of the Pakistani diaspora in economic development.
Minister Al-Falih reiterated Saudi Arabia’s commitment to expanding its investment portfolio in Pakistan, especially in mining, agriculture, food security, and infrastructure, stating that the signing of 27 MoUs today marks the beginning of a fruitful journey ahead.
Saudi minister, COAS discuss initiatives for bilateral cooperation
