Pakistan’s Finance Minister Muhammad Aurangzeb has clarified that Saudi Arabia’s plan to invest $10 billion in Pakistan is still on track.
He explained that both countries are now working on long-term, business-to-business economic cooperation instead of short-term financial support. According to him, this new approach will help create stronger and more stable economic ties.
The government of Pakistan is preparing a list of investor-ready projects that private companies from both countries can work on together. These projects cover several important sectors, including minerals, information technology, manufacturing, agriculture, food production, and tourism.
Officials believe that offering well-structured and profitable opportunities will attract stronger foreign investment.
Aurangzeb also shared an update on the Reko Diq copper and gold mining project, one of the biggest mineral projects in the region. He said the project is moving closer to financial completion.
Saudi-backed company Manara Minerals is set to purchase a 15 percent share in the project, marking a major step in Saudi Arabia’s participation in Pakistan’s mining sector.
The finance minister noted that Pakistan’s economic indicators are slowly improving. Stability in the economy, better market performance, and increased global confidence are encouraging international investors to explore opportunities in the country.
Partnerships with Saudi Arabia, China, and the United States are also expected to support Pakistan’s long-term growth plans.
Aurangzeb added that Pakistan is entering a new economic phase where sustainable foreign investment will play a key role. With clearer policies and stronger partnerships, the government hopes to build steady economic progress and create more opportunities for the private sector in the years ahead.
