ISLAMABAD: With a focus on fostering a conducive environment for investors, the Pakistani government is actively promoting foreign direct investment (FDI) to drive sustainable economic growth. Key sectors such as mines and minerals, tourism, and agriculture have been identified as attractive investment opportunities, supported by welcoming investment policies and facilitation processes. Notable initiatives include the recent Pakistan-Saudi Arabia Investment Forum, which brought together 30 Saudi companies and Pakistani stakeholders to explore investment opportunities.
The government’s commitment to eliminating red tape and prioritizing the private sector has been emphasized by high-ranking officials, including the federal minister of finance and the minister of commerce and energy. Federal Minister of Petroleum Musadik Malik expressed optimism about potential Saudi investments of up to $10 billion, highlighting the pivotal role of the private sector in navigating economic challenges.
Economic indicators, as highlighted by Federal Minister of Finance Muhammad Aurangzeb, demonstrate stability and progress, with strategies in place to attract FDI and achieve macroeconomic stability. Saudi Arabia’s significant role in Pakistan’s development was underscored during the forum, with Saudi Assistant Minister Ibrahim Al Mubarak reaffirming bilateral cooperation and investment prospects. The forum highlighted mutual development goals, with a focus on leveraging Saudi investments to propel Pakistan’s economy forward, in alignment with Saudi Arabia’s Vision 2030.
