Prime Minister Shehbaz Sharif has said Pakistan and Saudi Arabia are marching forward together to strengthen their brotherly relations.
Addressing a news conference along with Saudi Minister of Investment Khalid bin Abdulaziz Al-Falih, in Riyadh today, he said under the dynamic leadership of Saudi Crown Prince Mohammed Bin Salman, we will achieve progress and prosperity not only for the peoples of Saudi Arabia and Pakistan but the entire Muslim Ummah.
The Prime Minister thanked the Saudi support in securing the IMF program.
Describing his meetings in Saudi Arabia as reassuring, he said we have discussed very important mutually beneficial projects. He expressed satisfaction that the MoUs signed a few weeks ago are now under implementation.
The Prime Minister said he, hopefully, will be visiting the Kingdom by the middle of next month, expressing the confidence that we will be able to achieve timelines of the projects.
Shehbaz Sharif said Pakistan will be producing skilled workforce which will further contribute to the Kingdom's development.
In his remarks, the Saudi Minister of Investment recalled that during his recent visit to Pakistan, the two sides had concluded twenty-seven MoUs valued at 2.2 billion dollars.
He said this number has increased to thirty-four MoUs. He said the value of these agreements has also increased to 2.8 billion dollars.
The Saudi Minister of Investment said five of the MoUs are already operational and financed, and creating values for both Pakistan and Saudi Arabia. He said some of these agreements have resulted in exports from Pakistan. He said a Saudi investor has already acquired land for the building of an integrated Medical Complex.
