Lahore: President Asif Ali Zardari visited the Saudi Pakistan Real Estate Expo at Lake City, Lahore, underscoring the importance of strengthening economic cooperation and promoting investment between Pakistan and Saudi Arabia.

According to Press Information Department, upon arrival, President Zardari was received by Governor of Punjab Sardar Saleem Haider Khan and Dr Gohar Ejaz, CEO of Lake City and Member of the Saudi-Pakistan Business Council. The President was briefed on the participating companies and their projects, as well as the investment opportunities being explored in Pakistan’s real estate sector. The Expo features pavilions of prominent Saudi real estate and investment companies, with participation from Prince Mansour bin Mohammed Al Saud, Chairman of the Saudi-Pakistan Business Council, and Abdul Aziz Al-Ashrafi, Vice Chairman of the Council.

The participating Saudi companies include Safa Investment, Knowledge Economic City, Sumou Investment, Al-Majidiya, Ulo Real Estate, Al-Diyar Al-Arabiya, Bin Daood Investment, and International Gate Investment. These companies are exploring potential investment opportunities in Pakistan while showcasing projects in Makkah and Madinah to attract Saudi investors and promote greater cross-border investment.

Speaking on the occasion, President Zardari emphasized the importance of translating the longstanding and fraternal relations between Pakistan and Saudi Arabia into stronger economic partnerships, increased investment, and mutually beneficial business opportunities. He reiterated that Saudi Arabia has always stood firmly alongside Pakistan through difficult times, reflecting the enduring friendship and strategic partnership between the two countries.

The President appreciated the organizers’ efforts to bring Pakistani and Saudi business communities together, observing that such initiatives can help open new avenues for foreign direct investment, encourage private-sector collaboration, and foster long-term economic partnerships. He noted that the participation of prominent Saudi business and investment groups in the Expo reflects growing opportunities for cooperation and can contribute to a new phase of development through investment, enterprise, and joint ventures. He also underscored the importance of providing a supportive and investor-friendly environment to facilitate foreign investment in Pakistan.

On the occasion, the new uniforms for Pakistan International Airlines crew were also displayed.