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Saudi Delegation in Karachi Explores Investment Prospects Under Vision 2030

Saudi Delegation in Karachi Explores Investment Prospects Under Vision 2030

A high-level Saudi business delegation arrived in Karachi to explore investment opportunities and expand trade ties. Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pakistan Joint Business Council, is leading the team.
This visit comes just weeks before a Strategic Defence Agreement between the two nations. The timing highlights the growing strength of bilateral relations and shared goals for economic cooperation.
Prince Mansour will meet Sindh Governor Kamran Tessori and Chief Minister Murad Ali Shah. Leading industrialists and business representatives are also engaging with the delegation to discuss infrastructure development, trade facilitation, and possible joint ventures.
The delegation includes investors from agriculture, minerals, energy, tourism, livestock, and construction sectors. They will also attend a briefing by the Special Investment Facilitation Council (SIFC), which plays a vital role in improving Pakistan’s investment environment.

Shared Vision for Economic Growth

Prime Minister Shehbaz Sharif hosted a banquet in Islamabad to welcome the Saudi delegation. He praised Crown Prince Mohammed bin Salman’s leadership and called the visit a “golden opportunity” for Pakistan’s growth.
Prince Mansour expressed Saudi Arabia’s desire to strengthen business relations with Pakistan. He said Saudi investors are eager to explore projects in food security, meat processing, and pharmaceuticals. He added that Saudi ministers fully support this mission and see Pakistan as a strategic partner in regional growth.
Both sides reaffirmed their commitment to deepening cooperation under Saudi Vision 2030, which focuses on economic diversification, innovation, and sustainable development. The vision has helped reduce Saudi unemployment to 7% and kept inflation at 1.7%.
Global rating agencies, including Moody’s, Fitch, and S&P, have given Saudi Arabia strong credit ratings — reflecting investor confidence. The IMF also projects economic growth at 3.7% for 2026, while the

World Bank expects 5.4%.

PM Shehbaz highlighted the need for Pakistan to learn from Saudi Arabia’s reforms. “In the past, Pakistan offered expertise to our Saudi friends,” he said. “Now, it’s our turn to learn from their success.”

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