Excellent investment opportunities are open to Saudi Arabia in Pakistan. Ubaidullah Alharbi posting as council general in Karachi is commendable. Pakistan’s role in developing defence and socio-economic sectors is vital. Saudi Arab has employed over 2.5 million Pakistanis.

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(23 April, 2018)

President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain said Pakistan and Saudi Arabia are leader countries of OIC and friends in true spirit, sharing proud relations in different fields of life including defence, cultural, religious and socio-economic sectors.

The veteran business while talking to Saudi Council General Ubaidullah Alharbi during his visit to Saudi Consulate Karachi said that Pak-Saudi relations are spread over decades and both countries stood firm with each other during their hard times. Ubaidullah Alharbi has served as Vice Council General earlier and has taken keen interest in building bilateral business relations between Pakistan and Saudi Arabia. Posting of Ubaidullah Alharbi as Council General in Karachi is has interest in building Pak-Saudi bilateral relations particularly in trade and industry.

Mian Zahid Hussain said Saudi Ambassador Nawaf Saeed Ahmed Al-Malki; in the meeting of Pak-Saudi Ministerial commission has stated that Pakistan is Saudi’s priority in investment. Both sides have agreed on the extension of bilateral cooperation in different areas including trade, industry and socio-economic sectors. The business community appreciate the matters discussed and agreed in the said meeting and expects that with increased bilateral cooperation of both brotherly countries will boost the economies of the countries and sees this cooperation as a step forward towards the establishment of economically strong Muslim block in the World in accordance to the aims and objectives of the OIC.

The former minister said Pakistan’s role in strengthening Saudi’s defence and socio-economic sectors is commendable. In return, Saudi has benefited 2.5 million Pakistanis with employment opportunities, who are playing vital role in earning foreign exchange for the Country. Pakistan offers various opportunities and incentives to attract foreign investment and provides all necessities including cheap work force, standard infrastructure and business friendly policies. Saudi Arabia and other countries should take advantage of these investment opportunities offered by Pakistan.

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