Saudi Investors Show Keen Interest In Gwadar Oil Refinery Complex, PM Told.

ISLAMABAD -- Prime Minister Shehbaz Sharif Monday urged Saudi investors to come forward and invest in the different sectors of Pakistan.

Talking to a delegation of Saudi businessmen and investors here, the premier said that Pakistan has huge potential for investment in diverse fields, including agriculture and minerals. He said Saudi Arabia and Pakistan enjoy excellent brotherly relations and both the countries should transform their mutual cooperation into economic partnership.

The prime minister said Saudi Arabia always extended support to Pakistan on economic and diplomatic fronts. Shehbaz Sharif also reaffirmed Pakistan's desire to enhance bilateral cooperation with Saudi Arabia in different sectors including trade and investment.

The meeting was briefed that Pakistan is an emerging country in terms of investment potential with many facilities for business and making safe investment. There are ample opportunities for trade and investment in tourism, minerals, textiles, leather and other sectors.

The meeting was further told that investment can be made in the oil refinery industry in Gwadar, where Saudi investors also shown keen interest. It was agreed at the meeting that Pakistan and Saudi Arabia will accelerate progress in trade and investment and in this regard the Pakistan-Saudi Arabia Joint Working Group would also be activated.

A high-level delegation of Saudi business investors lead by Mr Fahd bin Mohammed Al-Bash, Chairman of the Saudi-Pakistani Business Council and Nawaf Bin Saeed Maliki, Ambassador of Royal Embassy of Saudi Arabia to Pakistan attended the business conference held at PM Office Islamabad. The federal minister and chairman Board of investment Chaudhary Salik Hussain along with secretary Board of investment thanked this esteemed high level VVIP business delegation for visiting Pakistan.

The Minister said that this business meet-up, and following meetings in Lahore, Sialkot, Faisalabad and Karachi, will provide a dynamic platform for furthering Pak-Saudi Business to Business and Government to Business linkages besides offering us the opportunity to interact and explore new vistas of mutual cooperation including trade and investment opportunities.

The minister highlighted that the Saudi Pakistan Business Council, is playing a crucial and constructive role in providing conducive platform to promote business to business (B2B) interactions between the Pakistani and Saudi business communities. This visit will surely pave...