ISLAMABAD: A Saudi Arabian delegation, comprising ministers and heads of various divisions, will visit Pakistan by the end of this month for exploring business prospects and investment opportunities in the country, was said by Saudi Ambassador in Pakistan Nawaf Saeed Al Malikiy on Friday.
During the forthcoming visit, the Saudi ministers will discuss areas of bilateral economic cooperation to further enhance trade and investment in Pakistan.
“There is no secret that one board is coming from Saudi Arabia, comprising different ministries, and Saudi ministry of commerce, to exchange ideas related to investment opportunities in Pakistan in various projects like CPEC, Gwadar Port,” he said, giving details of the visit.
The Saudi ambassador termed the developing scenario of bilateral ties as “good news” for both sides.
He informed that the delegation would discuss specific features for investment in Pakistan.
He also highlighted that cluster of ministers and heads from Saudi Arabia will share specific details about Pakistan’s participation in ‘Vision 2030’ of Saudi Arabia.
“These groups are coming and will stay together to see how the two sides can further strengthen bilateral relations and to enhance mutual cooperation in different fields including economy and energy sector” said the ambassador, while elaborating the areas of bilateral interests.
Ambassador Nawaf, highlighting the defence cooperation, said a number of cadets from Saudi Arabia were under training at PMA Kakul, PAF Academy Risalpur and Naval Academy Karachi.
“Training of 550 Saudi cadets in Pakistan is a symbol of close defence cooperation between the two countries,” he added.
On recent initiatives taken by the Saudi crown prince regarding economic reforms and anti-corruption campaign in Saudi Arabia, the ambassador noted that the country will definitely opt for a better outlook, particularly with respect to its ‘Vision 2030’.
Talking about historic relations between Pakistan and Saudi Arabia, the ambassador said that basis of these ties were established 1400 years ago with the dawn of Islam.
He said “Now these ties have been reshaped into cooperation in economy, education, culture, sports and in many other fields.”
Published in Daily Times, November 11th 2017.
