Saudi delegation shows interest in Balochistan investment projects
The Saudi chairman pledged to take part in ready-made projects, and the chief minister said the province would support Saudi investors.
A Saudi business delegation had expressed interest in the province's investment projects, Balochistan Chief Minister Mir Sarfraz Bugti said on Wednesday.
Prince Mansour bin Mohammed Al Saud, chairman of the Saudi-Pakistan Joint Business Council, met a delegation led by Bilal Khan Kakar, vice chairman of the Balochistan Board of Investment and Trade.
The ten-member Saudi business delegation received a detailed briefing on investment opportunities, available resources and ready-made projects in Balochistan, Bugti said.
Prince Mansour assured support for taking part in ready investment projects and for cooperation across several schemes, the chief minister said.
Bugti said all relevant institutions would play their part in turning cooperation with Saudi investors into practical projects.
He said Saudi investment would help create new jobs and boost economic activity, and that a favourable environment and facilities for foreign investment were being ensured in the province.
Bugti said his government wanted to turn the brotherly ties with Saudi Arabia into a strong economic and trade partnership.
He said Balochistan offered wide opportunities for investment in natural resources, minerals, agriculture and livestock, and that Saudi interest would expand the province's prospects for growth and employment.
The Saudi-Pakistan Joint Business Council is a bilateral forum that brings together business leaders from both countries to promote trade and investment.
Balochistan is Pakistan's largest province by area, and its mineral wealth has long been cited by provincial leaders as a key draw for investors.
