Saudi Group keen to invest in Pakistan

10 Nov, 2005

Khaled Abedlhadi Al-Qahtani, Chairman of the Al-Qahtani Group, on Wednesday called on Prime Minister Shaukat Aziz and apprised him of his group's interest in exploring investment opportunities in Pakistan.
Talking to the Saudi investor, Shaukat Aziz said the structural reforms implemented during the last six years have strengthened the economy and this process is based on deregulation, liberalisation and privatisation and has yielded rich dividends.
He said that reforms lie at the core of our economic turnaround and the reforms' agenda will continue so that the overall economic environment will improve further.
Al-Qahtani expressed his heartfelt condolences to the Prime Minister over the loss of precious lives due to the recent earthquake and said that the entire Saudi nation shares the grief of their Pakistani brethren.
He also presented a cheque of Rs 15 million to the Prime Minister for President's Relief Fund.
The Prime Minister thanked Al-Qahtani for the kind gesture and said that it would help mitigate the sufferings of the affected people.

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