Pakistan's planned investment conferences at Jeddah and Riyadh to interact with Saudi investors are at advanced stage. The conferences will enable and apprise the investors regarding privatisation and investment opportunities in Pakistan and will help in identifying areas of investment by Saudi Arabia.
Federal Minister for Finance, Privatisation and Investment Syed Naveed Qamar stated this during a meeting with Ali Awadh Asseri Ambassador of Kingdom of Saudi Arabia to Pakistan, who called on him here on Friday.
Qamar said that leadership of both the sides were getting closer and government intends to further strengthen and deepen brotherly relations by associating Saudi investors in the privatisation programme of Pakistan. The Saudi envoy said the kingdom and people of his country believed that united, prosper and stable Pakistan was in the interest of the region.
He assured that all efforts would be made to promote the existing links and translate them into strong economic relations to benefit the people of the both countries. "Pakistan has promising investment environment and the Saudi investors are keen to invest in Pakistan and to broaden the existing economic interaction," he added.