Pakistan has extended an enticing offer to attract Saudi investment, with projected returns ranging from 14% to a remarkable 50%. The country has assured Saudi investors priority in profit repatriation without any obstacles. During a meeting chaired by Prime Minister Shehbaz Sharif, a committee report highlighted the misuse of Afghan Transit Trade for smuggling and the involvement of certain officials in facilitating such activities. The government aims to advance the Saudi Arabia investment initiative during the upcoming visit of Prime Minister Shehbaz Sharif, accompanied by a team from the Special Investment Facilitation Council (SIFC). Discussions during the Saudi delegation’s visit focused on potential projects in agriculture, mining, and infrastructure development. Pakistan has adjusted its expectations to a $5 billion investment by June 2025, down from the initial target of $25 billion. The government has assured Saudi Arabia of priority profit repatriation and is committed to facilitating investment in various sectors, including agriculture, mining, and renewable energy. Additionally, Pakistan has offered strategic projects such as the development of the Reko Diq mines, a rail link connecting Reko Diq to Gwadar port, and the establishment of solar power parks and transmission lines. These projects offer attractive returns on investment, with payback periods ranging from three to nine years. Overall, Pakistan aims to strengthen its economic ties with Saudi Arabia through mutually beneficial investment opportunities.
