ISLAMABAD, Jun 5: Chairman of the Saudi-Pak Business Council, Prince Mansour Bin Muhammad Al Saud, on Friday expressed keen interest in exploring investment opportunities in Pakistan’s motorway infrastructure during a high-level meeting with Federal Minister for Communications Abdul Aleem Khan.
Saudi-Pak Business Council show interest in motorway infrastructure investment
The meeting discussed matters of mutual interest and the strategic promotion of bilateral relations including investment in Motorways of Pakistan, said a press release.
During the meeting, Abdul Aleem Khan extended invitation to the Saudi Pak Business Council to invest in Pakistan’s rapidly growing infrastructure, specifically highlighting the construction of new Motorways and key transport networks currently underway across the country. Focusing on specific ventures ripe for foreign capital, Federal Minister for Communications offered strategic partnerships in the M-6 Sukkur-Hyderabad, M-10 Karachi Port and M-13 Kharian-Rawalpindi Motorway Projects. He emphasized that these particular routes are highly viable, commercially lucrative and represent prime investment opportunities for the Saudi Business Community due to their significant commercial importance.
Chairman Saudi Pakistan Business Council Prince Mansour bin Muhammad Al Saud expressed strong interest on behalf of the Saudi Business Council to explore partnership and investment opportunities in these specific Motorway Projects, affirming that the Council is well-positioned to collaborate extensively in Pakistan’s Communications and infrastructure sectors.
During the dialogue, Abdul Aleem Khan assured the delegation that Saudi Investors would be provided with highly viable and profitable investment models, noting that the country’s expanding road network plays a pivotal role in boosting regional trade activities. He reiterated that Pakistan and Saudi Arabia share long-standing, time-tested and deep-rooted fraternal ties, adding that every Pakistani shares a profound spiritual and emotional bond with the Kingdom of Saudi Arabia which has consistently demonstrated goodwill towards Pakistan.
Concluding the meeting, Chairman Saudi Pakistan Business Council Prince Mansour bin Muhammad Al Saud assured the Federal Minister for Communications Abdul Aleem Khan of full cooperation through his Forum and expressed great optimism regarding the outcomes of his visit to Pakistan.
Abdul Aleem Khan reiterated that he highly valued Saudi Arabia’s collaboration in major national projects, emphasizing that the platform of the Saudi Pakistan Business Council will continue to strengthen and solidify the bilateral and economic ties between the two brotherly nations.
The Federal Secretary for Communications and high raking officers from both sides where also present in the meeting.
