Web Desk: A high-level Saudi delegation will arrive in Pakistan today, investment agreements and MoUs worth up to 10 billion dollars are likely to be signed in Pakistan.
The three-day Pak-Saudi Investment Conference will begin tomorrow in Islamabad, for which a delegation of Saudi Arabia is coming.
The delegation is visiting Pakistan on the special instructions of the Saudi King Muhammad bin Salman, the Saudi delegation consisting of 40 to 50 businessmen will stay in Pakistan for 2 days.
Important personalities included in the delegation will review the new opportunities for trade and investment in Pakistan.
There will be an exchange of trade delegations in various fields to promote trade relations between the two countries.
The Saudi trade delegation includes representatives of 30 companies from various sectors, the delegation is related to technology, energy, aviation, construction, mining and human resources.
On this occasion, agreements related to PIA and Bhasha Dam, IT, energy, food, chemicals, meat, mining will be finalized, while investment agreements in joint projects of agriculture, industry and trade etc. will also be finalized.
Government sources say that during this visit, Saudi Arabia is likely to sign investment agreements and MoUs worth up to 10 billion dollars in Pakistan.
According to the sources, the Saudi delegation will discuss the expected investment opportunities in Pakistan, the delegation will go back and give a briefing to the Saudi ruler Muhammad bin Salman regarding the visit and investment.
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– 2024-05-05 09:51:27