ISLAMABAD: Pakistan has signed a Memorandum of Understanding (MoU) with Saudi investors to build its first theme park in Islamabad.
Saudi-Pakistan Business Council Chairman Prince Mansour bin Mohammed Al-Saud and the Capital Development Authority (CDA) Chairman Sohail Ashraf signed the MoU at Gaddafi Stadium in Lahore on Sunday.
Interior Minister Mohsin Naqvi said on the occasion that the federal capital’s infrastructure was being built on modern lines. “The park will prove to be a game changer,” he added.
He expressed the resolve to provide all facilities to Saudi investors. “Soon a road show will be held in Saudi Arabia in connection with the real estate sector in the country,” he informed.
پاکستان میں اپنی نوعیت کا پہلا تھیم پارک اسلام آباد میں بنے گا
تاریخی قذافی سٹیڈیم میں پاکستان کے پہلے تھیم پارک پراجیکٹ کے معاہدے پر دستخط کی تقریب
وفاقی وزیرداخلہ و چئیرمین پی سی بی محسن نقوی مہمان خصوصی تھے https://t.co/YmYbbJeDXp
— Ministry of Interior GoP (@MOIofficialGoP) October 25, 2026
“We extend a warm welcome from the depths of our hearts to the esteemed guests who have come from Saudi Arabia regarding the theme park project,” Naqvi said and added that Islamabad’s infrastructure is being established in the style of the most modern cities.
The minister, on the occasion, congratulated Prince Al-Saud on the signing of the MoU.
CDA to provide land as Saudi investors fund project
Under the agreement, Saudi investors would invest in the theme park, while the CDA would provide land for the purpose.
Speaking on the occasion, Prince Mansour Al-Saud said there existed abundant opportunities for investment in Pakistan, especially in Islamabad.
According to a statement issued by the Interior Ministry, Saudi investors will finance a “first-of-its-kind” theme park in Islamabad, Pakistan’s interior ministry said on Sunday, as Pakistan seeks to attract foreign investment and develop new infrastructure.
Pakistan and Saudi Arabia seek to deepen economic ties
Earlier this week, Pakistan’s eastern city of Lahore hosted a three-day Saudi–Pakistan Real Estate Exhibition, which highlighted real estate investment opportunities in the Kingdom.
Organised by the Saudi-Pakistani Business Council in coordination with relevant authorities in both countries, the three-day event from October 21 to 23 featured 19 Saudi entities and a delegation of around 60 representatives, showcasing property developments and investment opportunities in the Kingdom and Pakistan.
ALSO READ: Saudi-Pakistan Real Estate Expo Held to Boost Investment
The exhibition featured pavilions of prominent Saudi real estate and investment companies, including Safa Investment, Knowledge Economic City, Sumou Investment, Al-Majidiya, Ulo Real Estate, Al-Diyar Al-Arabiya, Bin Daood Investment and International Gate Investment.
Pakistan and Saudi Arabia have maintained close political, economic and strategic relations for decades, with both countries seeking to expand cooperation across multiple sectors.
In 2024, the two countries signed 34 memorandums of understanding (MoUs) worth $2.8 billion, covering a range of areas of cooperation.
