Saudi Arabia offered $200 billion in annual construction and material procurement contracts to Pakistani firms
Saudi Arabia has announced a significant plan to allocate $200 billion in annual construction and material procurement contracts to Pakistani firms, as revealed by Investment Minister Khalid Al-Falih during the Pak-Saudi Business Forum in Islamabad.
This initiative aligns with Saudi Arabia’s Vision 2030 projects and aims to strengthen economic ties between the two nations.
Al-Falih highlighted the potential for Pakistani companies to provide construction materials and engineering services, with contracts expected to reach $1.8 trillion in the coming years.
This partnership presents immense opportunities for growth and investment in various sectors, especially in construction and infrastructure.
