Islamabad: Prime Minister Shehbaz Sharif has characterized his recent visits to Saudi Arabia and Qatar as productive, highlighting prospective investments and economic collaborations that could strengthen Pakistan’s economy. During a federal cabinet meeting in Islamabad, he noted that his discussions with leaders from both countries have paved the way for follow-up talks and potential investment in multiple sectors.
According to Ministry of Information and Broadcasting, the Prime Minister met with Saudi Crown Prince Mohammed bin Salman, who extended well-wishes for Pakistan and discussed Saudi interest in areas such as mining, minerals, and agriculture. In support of these discussions, a Pakistani delegation will travel to Saudi Arabia in the coming days to advance dialogue on potential investments.
In Qatar, Prime Minister Sharif held talks with Emir Sheikh Tamim bin Hamad Al Thani, where the two discussed Qatar’s planned $3 billion investment in Pakistan. Following up on this, a delegation from the Qatar Investment Authority will visit Pakistan soon, with the Authority’s Chairman expected to arrive later this month. Among other developments, the Emir of Qatar expressed interest in establishing an IT Park in Pakistan, while Saudi Arabia indicated plans to recruit skilled labor from Pakistan.
The Prime Minister also noted interest from Azerbaijan, which has expressed a desire to invest $2 billion in Pakistan, further supporting Pakistan’s economic growth objectives.