Exciting Investment Opportunities: Saudi & Chinese Delegations to Boost Pakistan’s Economy
Posted on December 18, 2024 by News Desk
The Secretary of the Special Investment Facilitation Council (SIFC), Jamil Ahmed Qureshi, recently shared promising updates about the wave of investments heading Pakistan’s way. In an exclusive interview with Samaa TV, he unveiled significant developments that could transform Pakistan into a regional economic powerhouse by 2025.
Saudi Delegation’s Visit in February 2025
A high-profile Saudi delegation, representing over 200 companies, is scheduled to visit Pakistan in February 2025. This mission aims to explore lucrative investment opportunities in agriculture, minerals, energy, and leather sectors. This marks a crucial step in strengthening Saudi-Pak economic ties.
Qureshi expressed optimism about Saudi Arabia’s growing interest in Pakistan, predicting an increase in bilateral collaboration and long-term investments.
Chinese Investments on the Rise
China’s influence in Pakistan continues to grow, as Chinese companies prepare to export products from Pakistan to the United States and Europe starting in 2025. With the support of a dedicated one-stop shop for Chinese firms, the SIFC is facilitating access to special economic zones (SEZs) and export processing zones, ensuring streamlined operations for international investors.
The China-Pakistan Economic Corridor (CPEC) remains central to these initiatives, with Chinese companies actively investing in textiles and other industries under CPEC Phase II. A comprehensive presentation on CPEC’s progress will soon be delivered to the Prime Minister.
Emerging Opportunities Amid US-China Trade War
The US sanctions on China have opened new doors for Pakistan. Chinese companies are now looking at Pakistan as a viable alternative for setting up export-friendly operations, thanks to favorable policies and strategic infrastructure developments under CPEC.
A Regional Hub by 2025
By 2025, Pakistan is projected to become a regional export hub, leveraging its strategic location, improved infrastructure, and rising foreign investments. With ongoing discussions about the Main Line-1 (ML-1) railway project and other transformative initiatives, Pakistan is on a path to economic growth and stability.