HomePakistan$14 bn investment is expected during Saudi Crown Prince visit to Pakistan

$14 bn investment is expected during Saudi Crown Prince visit to Pakistan

According to sources, the $14 billion investment is highly expected in country as Saudi Crown Prince visit to Pakistan will begin from February 14-18.

Saudi Crown Prince visit to Pakistan will bring $14 billion investment in Pakistan. However, Mohammed bin Salman will officially visit Pakistan in February. He is also expected to address the parliament during his tour.

According to diplomatic sources, the trade deal of value $14 billion would be signed between Saudi Arabia and Pakistan. However, it will be the largest foreign investment in the history of Pakistan.

Earlier, Saudi energy minister Khalid bin Abdulaziz Al-Falih visited Gwadar for the development of oil refinery. He signed the Memorandum of Understanding or MoU with Pakistan.

In October, PM Imran Khan visited Saudi Arabia and succeeded to get $6 billion Saudi loan from Saudi Arabia on an annual basis. He attended the Future Investment Initiative (FII) conference and also met with Saudi Crown Prince Mohammad bin Salman and King Salman bin Abdul Aziz to discuss issues of mutual interest.

Faizanullah Hussainy
Faizanullah Hussainyhttp://hamariweb.com/
Syed Faizanullah Hussainy is a senior content writer with writing expertise in different niches. He is an Electronics Engineer by qualification and loves to write about different topics. He has six years of writing experience and currently working as a content writer at hamariweb.com.


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