A Saudi company has expressed interest in launching multiple investment projects in Pakistan, with each proposal carrying a minimum estimated value of $200 million. The development comes as Islamabad intensifies efforts to attract foreign direct investment (FDI) from Gulf countries to support economic growth and industrial expansion.
According to a statement from the Ministry of Information, a delegation from Saudi firm Kyan visited Islamabad and showed interest in sectors including energy, mining, information technology, agriculture, and livestock.
The delegation also participated in Indus AI Week organized by the Ministry of Information Technology and Telecommunication, highlighting a growing focus on digital innovation and technology collaboration. During meetings with Federal Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh, the visiting team shared proposals for several potential projects.
Officials confirmed that each proposed project carries a minimum investment estimate of $200 million. The delegation also conveyed interest in bringing additional Saudi investors to explore further opportunities in Pakistan.
Welcoming the delegation, the BOI minister emphasized Pakistan’s market size and strategic location.
He noted that with a population exceeding 250 million, Pakistan offers a large and dynamic consumer base. He also highlighted the country’s geographic advantage, providing access to landlocked Central Asian states and positioning Pakistan as a potential regional trade hub.
The Board of Investment offered support through its Business Facilitation Center, which provides a single-window mechanism for approvals and coordination. The delegation was assured of assistance in arranging meetings with local businesses and visits to Special Economic Zones (SEZs), where investors can benefit from income tax and import duty exemptions.
Pakistan is actively seeking to boost investor confidence amid ongoing economic stabilization efforts. Saudi Arabia has previously pledged billions of dollars in potential investments in mining, energy, and infrastructure, though several projects remain at exploratory stages.
Beyond investment, Saudi Arabia remains one of Pakistan’s largest sources of worker remittances and a key partner in securing external financing and long-term economic cooperation.
If materialized, the proposed $200 million projects could significantly strengthen bilateral economic ties and contribute to job creation, industrial capacity, and export growth in Pakistan.