Title: PM Shehbaz anticipates 'billions' in investment after Saudi delegation visit
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Prime Minister Shehbaz Sharif presided over a session of the federal cabinet on Wednesday, where he emphasized the anticipated influx of 'billions of dollars' in investment following the recent visit of the Saudi delegation.
Expressing gratitude towards the efforts of the cabinet and others, the premier underscored the positive reception received by the Saudi delegation and appreciated the prompt preparations done by ministers and officials.
During the meeting, PM Shehbaz extended his appreciation to Saudi Crown Prince Mohammed bin Salman for his vested interest in Pakistan, which, according to him, led to a successful visit by the Saudi delegation.
“We must ensure the completion of this investment in Pakistan with the same spirit and dedication,” the prime minister added. "No obstacles or hindrances in this regard will be allowed," warned the premier.
"If we persist in our efforts, Pakistan's development, prosperity, and economic stability are within reach," the premier remarked.
Read Saudis to up their deposits in SBP by $2b
Last night, the premier hosted a dinner reception for the visiting high-powered Saudi delegation, led by Saudi Foreign Minister Prince Faisal bin Farhan Al Saud.
Yesterday, the delegation called on the PM and deliberated upon various investment ventures including Pakistan International Airlines (PIA), according to a statement by the Prime Minister’s Office (PMO).
Earlier this month, on April 8, the premier met with the crown prince and discussed bilateral relations matters of mutual interest at Makkah rendezvous, the counterparts discussed expediting a planned $5 billion investment package.
Published Date: 17-Apr-2024
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