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Pakistan is high-priority destination for Saudi Arabian investment: Al-Mubarak

Ibrahim Al-Mubarak, Assistant Minister of Investment in the Kingdom of Saudi Arabia (KSA), emphasized the significant economic, investment, and business ties between Saudi Arabia and Pakistan during the Pakistan-Saudi Arabia Investment Forum in Islamabad on Monday.

Leading the Saudi delegation, Al-Mubarak highlighted the kingdom’s view of Pakistan as a top priority destination for economic engagement.

He underscored Pakistan’s status as a major strategic partner for Saudi Arabia, rooted in shared values, trust, religious beliefs, and cultural affinity. With over two million Pakistanis calling Saudi Arabia home, the bond between the two nations is deeply entrenched.

Al-Mubarak emphasized Saudi Arabia’s commitment to its Vision 2030 transformation, stating that Pakistan represents a prime economic, investment, and business opportunity under this vision.

Recognizing Pakistan’s economic potential, demographic dividend, talent pool, strategic location, and abundant natural resources, he expressed gratitude for Pakistan’s hospitality and expressed Saudi Arabia’s keen interest in strengthening bilateral ties.

Highlighting the success stories of Saudi companies and their aspirations for global expansion, Al-Mubarak expressed the desire for Pakistan to become one of Saudi Arabia’s leading international partners. He emphasized that the journey of transformation embarked upon by Saudi Arabia is not limited to domestic benefits but also extends opportunities to partners worldwide.

A high-level Saudi business delegation comprising heads of over 30 companies from diverse sectors such as agriculture, technology, retail, and corporate sectors arrived in Pakistan to explore investment opportunities and sign agreements and Memoranda of Understanding (MoUs).

This visit is expected to enhance foreign investment in Pakistan and invigorate economic relations between the two countries, aligning with the vision set forth during the recent visit of the Prime Minister to Saudi Arabia.

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