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Home Pakistan Politics

SIFC to continue working uninterrupted for fast-track foreign investment: PM

by News Publishing
August 17, 2023
in Pakistan Politics
Reading Time: 1 min read
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SIFC to continue working uninterrupted for fast-track foreign investment: PM
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On Wednesday, caretaker Prime Minister Anwaar-ul-Haq Kakar stated that the recently established Special Investment Facilitation Council (SIFC) would continue to work to set the groundwork for fast-track foreign investments, particularly from Saudi Arabia.

In a meeting with Saudi Ambassador Nawaf bin Saeed Ahmad Al-Malkiy, who paid him a visit here, the prime minister emphasised energy, infrastructure, agriculture, information technology, and personnel as potential areas of cooperation.

The Saudi ambassador congratulated the prime minister on his appointment and sent best wishes and greetings on behalf of the Custodian of the Two Holy Mosques, Crown Prince Mohammed Bin Salman, and the Saudi people.

According to the prime minister, Pakistan, and Saudi Arabia have historic and deep relations. He expressed gratitude to the Saudi government for its unwavering support for Pakistan’s economic stability and prosperity.

He also noted the vast number of Pakistanis working in Saudi Arabia and demanded that the Saudi side continue to provide them with all available assistance.

Prime Minister Kakar praised Saudi leadership’s vision and stated that Saudi Arabia could always rely on Pakistan as a trustworthy and reliable partner.

Ambassador Nawaf emphasised that Saudi Arabia and Pakistan have a familial relationship characterised by mutual trust and understanding, as well as close cooperation on all bilateral and regional issues of mutual interest.

Tags: Foreign investmentPMSIFC
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