Saudi Asyad Group Eyes Pakistan Airport Privatisation, Signals Major Investment

Saudi Arabia’s Asyad Group is keen to participate in Pakistan’s upcoming airport privatisation, aiming to bring Saudi and international partners with technical expertise for bids on Jinnah International Karachi, Islamabad International, and Allama Iqbal International Lahore. The group reaffirmed its commitment to Pakistan as a long-term investment destination, highlighting its importance within Asyad's portfolio outside Saudi Arabia. This move is part of broader efforts to enhance passenger services, modernise facilities, and attract foreign investment through a public-private partnership model. Such significant foreign direct investment could bolster Pakistan's foreign exchange reserves, potentially strengthening the PKR and influencing local gold prices.

بحوالہ / Source: www.brecorder.com