Pakistan has secured significant investment commitments totaling $5.8 billion from Saudi Arabia and Qatar through the Special Investment Facilitation Council's (SIFC) efforts to create an attractive investment climate in the country.
Following Prime Minister Shehbaz Sharif's successful visit to Qatar, both nations agreed to a $3 billion investment partnership spanning trade, culture, and various economic sectors. The collaboration aims to strengthen bilateral relations and enhance economic cooperation between the two countries.
In a parallel development, Saudi Arabia has committed $2.8 billion in investments after Pakistan and the Kingdom exchanged 34 memorandums of understanding. These agreements encompass multiple sectors including food security, healthcare, education, and mineral resources.
The SIFC's role in facilitating these partnerships has been instrumental in building investor confidence and implementing business-friendly reforms. The Council's initiatives focus on efficient utilization of natural resources and creating a stable economic environment for foreign investors.
These developments represent a significant milestone in Pakistan's efforts to attract foreign direct investment and demonstrate growing international confidence in the country's economic potential.
