Saudi delegation arrived in Pakistan, possibility of signing investment agreements

Web Desk: A high-level delegation from Saudi Arabia arrived in Pakistan for discussions regarding investment in Pakistan.
A high-level delegation of investors led by Saudi Arabia’s Deputy Investment Minister arrived in Pakistan today and was warmly welcomed by Federal Ministers Mossadegh Malik and Jam Kamal at Islamabad Airport.
On the instructions of Crown Prince Mohammed bin Salman, the important figures included in the delegation that arrived in Pakistan will review the new opportunities for trade and investment in Pakistan.
There will be an exchange of trade delegations in different areas to promote trade relations between the two countries.
The Saudi trade delegation includes representatives of 30 companies from different 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 concluded, while investment agreements in joint projects of agriculture, industry and trade etc. will also be concluded are completed.
According to government sources, 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 brief the Saudi ruler Muhammad bin Salman regarding the visit and the investment.