Islamabad (Shehzad Paracha) Saudi companies have announced investment in Pakistan in agriculture, food, technology and energy sectors.
According to the Saudi Embassy, a delegation led by Assistant Minister of Investment Engineer Ibrahim Al Mubarak met with the Pakistani authorities in Islamabad yesterday.
Nadak Muhammad Al Hanif, Executive Director of National Agricultural Development Company, said that the company is on its way to becoming an integrated food company, there are suitable investment opportunities.
Islamabad (Shehzad Paracha) Saudi companies have announced investment in Pakistan in agriculture, food, technology and energy sectors.
According to the Saudi Embassy, a delegation led by Assistant Minister of Investment Engineer Ibrahim Al Mubarak met with the Pakistani authorities in Islamabad yesterday.
Nadak Muhammad Al Hanif, Executive Director of National Agricultural Development Company, said that the company is on its way to becoming an integrated food company, there are suitable investment opportunities.
BCI CEO Alaa Al-Sheikh said that Pakistan is favorable for investment, the volume of investment is expected to reach billions of dollars. Abdul Mohsen Fahad Al-Muzini, engineer of Haseel Agricultural Company, said that the volume of investment expected in Pakistan is 100 – between $120 million.
Abdul Aziz Al Mahous, CEO of Sara Food Industries Company, said that the expected investment volume of setting up a factory specializing in onions will reach ten million dollars, while the rest will be imported.
