Pakistan-Saudi Arabia investment conference to begin in Islamabad tomorrow to promote bilateral trade and investment

ISLAMABAD, May 05 (SABAH): Two-day Pakistan-Saudi Arabia investment conference will begin in Islamabad tomorrow (Monday) to promote bilateral trade and investment.

A 50 member high-level business delegation from Saudi Arabia will attend the conference to explore investment opportunities in different sectors as well as to forge strong bonds with local entrepreneurs.

Some 30 Saudi companies representing different economic sectors, including information technology, telecoms, energy, aviation, construction, mining exploration, agriculture and human resource development are part of the delegation.

Meanwhile a high-level Saudi business delegation arrived in Pakistan on Sunday with the aim of signing agreements and MoUs for investment in different sectors of the Pakistani economy.

Federal Ministers Dr. Musadik Masood Malik and Mir Jam Kamal Khan welcomed the delegation upon its arrival in Islamabad.

Heads of over thirty Saudi companies from agriculture, technology, retail, and corporate sectors are part of this delegation.

The visit is expected to bolster foreign investment in Pakistan, and give new momentum to Pakistan-Saudi economic relations, as was envisioned during the recent visit of the Prime Minister to Saudi Arabia.