Saudia and UAE invest $26 millions in last 3 months

Pakistan’s foreign investment has surged by 48% during the first quarter of the current fiscal year, reaching a total of $26.8 million, with Saudi Arabia and the UAE playing a key role.

The Special Investment Facilitation Council (SIFC), established in 2023, has been instrumental in boosting foreign investments across sectors like agriculture, mining, and tourism.

China, Hong Kong, the UK, and the US also made significant contributions, with China investing $404 million. Prime Minister Shehbaz Sharif’s recent visits to Saudi Arabia and Qatar further strengthened trade and investment ties, including a $2.8 billion agreement with Saudi businesses.

Pakistan aims to enhance its position as a trade hub linking Central Asia with global markets.