ISLAMABAD
Finance Minister Ishaq Dar urged Saudi investors to avail the huge investment opportunities, especially in the petrochemical industry of Pakistan for which liberal investment regime is offered by the government.
The Saudi Ambassador designate to Pakistan, Commodore Nawaf Saeed Ahmed Al-Malkiy called on the Finance Minister Ishaq Dar on Saturday.
The minister welcomed Commodore Al-Malkiy on his nomination as the new Saudi Ambassador to Pakistan, and wished him success in his new role. They discussed the current status of bilateral ties between Pakistan and Saudi Arabia.
The minister appreciated the continued support of the Saudi government for projects aimed at economic development in Pakistan. He urged Saudi investors to avail the investment opportunities in Pakistan, including bids in the petrochemical industry, offered under the liberal investment regime of the present government.
The minister also highlighted the recent visit of Prime Minister to Saudi Arabia to meet King Salman bin Abdul Aziz, during which the Prime Minister expressed the hope that the current impasse in the Gulf will be resolved soon in the best interest of the Muslim Ummah.
Saudi Ambassador designate said he would be keen on promoting greater presence of Saudi investors and companies in Pakistan with a view to further bolster the current level of bilateral economic cooperation.
The minister assured him of his full support in this regard. The Finance Minister and the Saudi Ambassador designate reaffirmed the resolve of both sides to work together to further strengthen bilateral relations.
