Pakistan’s PM Assures Timely Completion of Foreign Investment Projects

Tue Aug 01 2023
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ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif on Tuesday said that the Special Investment Facilitation Council (SIFC) will ensure the prompt and uninterrupted completion of foreign investment projects in the country.

He made these remarks during a meeting with a Saudi delegation led by Saudi Deputy Minister for Mining, Industries, and Minerals, Khaled bin Saleh Al-Mudaifer. The prime minister emphasized the vast investment opportunities in Pakistan, particularly in the mining sector.

During the meeting with the Saudi delegation, Pakistan’s Prime Minister extended a warm welcome and expressed deep appreciation for Saudi Arabia’s unwavering support to the country in times of need. The Prime Minister said that the whole Pakistan nation is thankful to Saudi King Salman and Crown Prince Mohammad bin Salman for their support and assured the delegation that both the current interim government and the future elected government will remain committed to facilitating investors and Foreign Investment Projects in the country.

SIFC Paves Way for Foreign Investment Projects

Shehbaz Sharif also highlighted the potential for investment in the recently announced 10,000 megawatts solar power project. The Saudi minister praised the establishment of the SIFC, considering it a positive message to foreign investors, and expressed Saudi Arabia’s keen interest in investing in Pakistan’s mining sector.

The Saudi minister further commended the prime minister’s pro-investor measures, which he believes will lead to economic development. He assured continued support from Saudi Arabia, reaffirming that Pakistan remains their second home.

The meeting was attended by Federal Minister Engineer Khurram Dastgir, Minister of State for Petroleum Musaddik Malik, Special Assistant to PM Tasnim Ahmed Qureshi, and other senior officials.

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