Saudi Group Eyes USD 10 Billion Investment in Pakistan

Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, met with a high-level Saudi delegation, where Falcon Vision Company indicated potential investments of up to USD 10 billion in Pakistan's infrastructure, construction, technology, and industrial sectors. The Minister welcomed the development, highlighting Pakistan's investor-friendly policies, SEZ incentives, and 100% profit repatriation. This significant foreign direct investment could bolster Pakistan's foreign exchange reserves and potentially strengthen the Pakistani Rupee against the US Dollar, influencing local gold prices.

بحوالہ / Source: www.brecorder.com