Saudi Investors Urged to Invest in Communications Sector of Pakistan

Fri Oct 11 2024
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ISLAMABAD: Pakistan’s Minister for Investment, Privatization and Communications Abdul Aleem Khan on Friday urged investors from Saudi Arabia to invest in Pakistan’s lucrative projects, particularly in the communications sector.

The minister said this while briefing the Saudi Minister for Investment Eng. Khalid bin Abdulaziz Al-Falih, and Saudi Delegation on the second day of Pakistan-Saudi Arabia Business Forum, said a press release.

The minister highlighted the profitable M6 and M9 motorway projects and suggested linking Karachi Port to the existing motorway network, as well as expediting the Karachi-Hyderabad-Sukkur motorway’s completion.

He stressed that the government departments in the pipeline could provide immediate returns through privatization, said highlighted the government reforms in different departments over the past six months.

He shared plans to present projects to Saudi businessmen under public-private partnerships. The minister welcomed participation of Saudi Arabia and investment in various sectors.

The Saudi delegation showed strong interest and cooperation, with Saudi Minister for Investment stating, “Our hearts beat with the people of Pakistan; this is our home. We will make this visit to Pakistan as productive as possible.”

 

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