ISLAMABAD: A Saudi company is exploring multi-sector investment opportunities in Pakistan, with each project estimated at a minimum value of $200 million, the Ministry of Information.
The move comes as Pakistan aims to attract greater foreign direct investment (FDI) from Gulf countries, particularly Saudi Arabia, to stabilise the economy, boost investor confidence, and expand industrial capacity. In recent years, Saudi Arabia has pledged billions of dollars in potential investments in Pakistan’s energy, mining, and infrastructure sectors, though many projects remain in exploratory or negotiation stages.
A delegation from Saudi firm Kyan visited Islamabad to express interest in sectors including energy, mining, information technology, agriculture, and livestock. The delegation took part in Indus AI Week, organized by the Ministry of Information Technology and Telecommunication, and held meetings with Federal Minister for Board of Investment Qaiser Ahmed Sheikh.
“The delegation shared proposals for various potential projects, each with an estimated minimum investment of $200 million, and expressed interest in bringing additional Saudi investors to Pakistan,” the ministry said.
Welcoming the delegation, Sheikh highlighted Pakistan’s large market and strategic location.
“With a population of over 250 million, Pakistan offers a dynamic market,” he said. “Its location also provides access to landlocked Central Asian states, making it an ideal hub for regional trade and investment.”
The ministry said the Board of Investment offered facilitation through its Business Facilitation Center, providing a single-window mechanism for investor approvals and coordination. Sheikh assured the delegation of support in arranging business meetings and visits to Special Economic Zones, where incentives include income tax and import duty exemptions.
The minister also referred to recent Pakistani-Saudi engagements, emphasizing that both countries could unlock new avenues for bilateral investment and economic cooperation.
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Saudi Arabia remains one of Pakistan’s largest sources of worker remittances and has emerged as a key partner in Islamabad’s efforts to secure external financing and long-term investment commitments.
