Pakistan has proposed 25 projects to a delegation from Saudi Arabia, aiming to enhance economic cooperation. These projects have a total investment potential of over $32 billion.
One project suggests building a rail link connecting important mining sites and Gwadar, needing $2 billion in investment. Another key project is the Diamer Bhasha Dam, which requires an investment of $1.2 billion.
Moreover, Pakistan has brought attention to a luxury hotel project, which involves conducting a feasibility study using land owned by the Capital Development Authority.
The delegation received a detailed presentation from the Special Investment Facilitation Council (SIFC), which briefed them on Pakistan’s economic progress. This includes achievements like securing an agreement with the IMF, increased profits repatriation, and improvements in the investment climate due to SIFC initiatives.
