Saudi firms interested in investment in Pakistan: Almubarak

Saudi Deputy Investment Minister Ibrahim Almubarak says Pakistan is favorite country for investors.

ISLAMABAD: Saudi Deputy Investment Minister Ibrahim Almubarak on Monday said that a large number of companies in his country were interested in investing in different sectors in Pakistan.

He stated this while addressing participants of a two-day Pakistan-Saudi Arabia Investment Conference in Islamabad on Monday.

He was of the opinion that the conference would provide an opportunity to investors to develop understanding of opportunities available for investment in Pakistan. 

“Saudi Arabia is home to about two million Pakistanis who have contributed significantly to the Kingdom’s vision 2030,” he told the participants.

Speaking on the occasion, Finance Minister Muhammad Aurangzeb said the government was fully committed to facilitating the private sector to take the country towards export led growth.

He said the government was focusing on bringing foreign direct investment to uplift various sectors.

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