Saudi Arabia Confirms $10 Billion Investment Plan for Pakistan
In a major development for Pakistan’s economic landscape, Saudi Arabia has reaffirmed its commitment to invest $10 billion in multiple sectors across the country.
The announcement came following a high-level meeting between Saudi Crown Prince Mohammed bin Salman and Pakistan’s Prime Minister Shehbaz Sharif, highlighting the strengthening ties between the two nations.
According to official sources, the investment will focus on strategic areas including energy, mining, agriculture, and information technology, aiming to help boost Pakistan’s struggling economy.
The initiative is expected to create thousands of jobs, enhance foreign investment inflows, and support long-term development projects under the broader Saudi Vision 2030 framework.
Prime Minister Shehbaz Sharif expressed gratitude for the Kingdom’s continued support, calling Saudi Arabia a “trusted partner and brotherly nation.”
He emphasized that the investment will play a crucial role in stabilizing Pakistan’s economy and unlocking future growth opportunities.
Saudi Crown Prince Mohammed bin Salman has also directed the Saudi investment authorities to accelerate the process, ensuring early execution of planned projects.
Economic experts believe the $10 billion investment could help ease Pakistan’s financial challenges, including its fiscal deficit and foreign exchange pressures.
This development marks one of the largest foreign investment commitments in Pakistan in recent years, symbolizing a new chapter in bilateral economic cooperation.
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