saudi delegation’s visit to pakistan to have significant impact on economy, says atif ikram shaikh
Published on: April 15, 2024.
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ISLAMABAD, APR 15 /DNA/ – The visit of the Saudi delegation to Pakistan has been hailed as a major milestone for the country’s economy. Atif Ikram Shaikh, President of the Federation of Pakistan Chambers of Commerce and Industry, expressed his optimism that this visit is a positive response to the recent visit of the Prime Minister of Pakistan to Saudi Arabia. The focus of this visit is to ensure the successful continuation of investment projects in Pakistan, with the aim of restoring the confidence of investors worldwide.
Atif Sheikh emphasized the importance of the Saudi Investment and Finance Company’s (SIFC) investment of five billion dollars in the Reco Deq prospect, describing it as a positive step towards strengthening the economy. He also highlighted the significant and timely role of the Investment Council in facilitating cooperation in various sectors of the economy.
President Atif Ikram stressed that Pakistan has immense potential to enhance investment-driven relations with Saudi Arabia, particularly in sectors such as textile, pharmaceuticals, rice, leather, and dairy farming. These collaborations are expected to benefit the people of both countries and contribute to their welfare.
For more information, please visit the source article on the Islamabad Post website.
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