Saudi Arabia views Pakistan as top destination for investment

[Devil Soul]

Saudi Arabia views Pakistan as top destination for investment
February 28, 2018

By:Samaa Web Desk

Published in Economy, Pakistan

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NEWS DESK: Saudi Deputy Minister for Foreign Trade Abdulrahman Alharbi has said that Saudi Arabia views Pakistan as one of the top destinations for making investments, reported Radio Pakistan.

He said this at a meeting of Pak-Saudi Joint Working Group on Trade and Investment in Riyadh. Commerce Secretary Mohammad Younus Dagha headed the Pakistan delegation at the two-day talks.

The two sides reaffirmed their commitment to strengthen bilateral trade and investment ties in line with the understandings developed during the meeting of Pak-Saudi Joint Ministerial Commission held in Islamabad last month.

During the meeting, the Saudi side acknowledged and appreciated Pakistan’s position as a preferred destination for investment in view of its macroeconomic indicators, growth projects, strategic location and overall investment regime.

Saudi officials showed their interest in investing in Pakistan in many sectors including petrochemicals, dairy, livestock, mining and others.

The two sides agreed to activate Pak-Saudi Joint Business Council within two months and that Pakistan will hold a single-country exhibition in Saudi Arabia this year.

 

[Sine Nomine]

But withdraws a vote during FTAF meeting on US order,so that Pakistab can be put into 'Grey List'.

 

[Hyde]

But will not invest significantly

Too many statements from our Brother countries yet too little to show on ground

 

[Torch_v2.0]

Don't say , Just do it , till then,

 

[Trango Towers]

But withdraws a vote during FTAF meeting on US order,so that Pakistab can be put into 'Grey List'.

But that will make investment cheaper for them if we are on the grey list. It's always about the money

 

[xyxmt]

 

[Enigma_]

Lol. All the Al-Bakistani's just got a tingling sensation. The only thing they invest in Pakistan is more madrassahs.

 

[AMG_12]

They "view" us as a top destination for investment but won't invest a dime.

 

[Devil Soul]

Sugar Coated......

 

[Dalit]

A lot of hot air and cheap talk. We know who to really rely on. Until then we will see what cheap talk amounts to.

 

[Vapnope]

They already have invested a lot in factories that produce the product which keep exploding in our busy markets, mosques and community centers... We definitely need no such investment again.

 

[Big Tank]

They already invested so much in ASWJ, LEJ, SSP etc..