A high-level Saudi delegation comprising representatives of 200 companies is set to visit Pakistan in February 2025.
Special Investment Facilitation Council (SIFC) Secretary Jamil Ahmed Qureshi shared key updates on Pakistan’s future investments and financial drives.
Qureshi reported that a significant level of Saudi delegation comprising representatives from 200 organizations will visit Pakistan in February 2025. The delegation plans to explore investment opportunities in significant areas like agriculture, minerals, energy, and leather, reflecting Saudi Arabia’s rising revenue in reinforcing bilateral economic ties with Pakistan.
He also revealed that Chinese organizations are set to start sending out items from Pakistan to the US and Europe by 2025. To work with these organizations, the SIFC has laid out a one-stop shop, giving streamlined access to exceptional economic zones (SEZs) and export processing zones.
Qureshi featured a surge in business-to-business speculations from China, especially in materials, driven by great policies and strategic drives under the China-Pakistan Economic Corridor (CPEC).
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Qureshi further stated that a detailed presentation on CPEC Stage II will be introduced to the Prime Minister this week. Conversations around the Primary Line-1 (ML-1) rail line project are likewise advancing, with positive developments expected soon.
The Secretary also brought up that US sanctions on China have set out new opportunities for Pakistan, situating the country as an alternative option for Chinese organizations searching for export-friendly locations.
Qureshi said the US sanctions on China have set new open doors for Pakistan. The nation is rising as a viable option for Chinese organizations looking for export-friendly locations.
The secretary emphasized that Pakistan is drawing significant interest from international investors. By 2025, the nation is ready to become a regional hub for exports, using its strategic location and infrastructure progressions under CPEC.