Saudi Company Plans $200 Million Investments Across Multiple Sectors in Pakistan

A Saudi company is exploring multi sector investment projects in Pakistan with each proposal carrying a minimum estimated value of USD 200 million, as Islamabad pushes to attract larger inflows of foreign direct investment from Gulf countries.

According to a statement issued by the Ministry of Information, a delegation from Saudi firm Kyan visited Islamabad and expressed interest in sectors including energy, mining, information technology, agriculture and livestock. The delegation also participated in Indus AI Week organized by the Ministry of Information Technology and Telecommunication.

The visiting team held meetings with Federal Minister for Board of Investment Qaiser Ahmed Sheikh, where they shared proposals for various potential projects. The ministry said each proposed project carries an estimated minimum investment of USD 200 million, and the delegation also conveyed interest in bringing additional Saudi investors to Pakistan.

Welcoming the delegation, the minister highlighted Pakistan’s market potential and strategic location. He said that with a population of more than 250 million people, the country offers a large and dynamic consumer base. He added that Pakistan’s geographic position provides access to landlocked Central Asian states, making it a potential regional trade and investment hub.

The Board of Investment offered support through its Business Facilitation Center, which provides a single window mechanism for investor approvals and coordination. The minister also assured the delegation of assistance in arranging meetings with the local business community and visits to Special Economic Zones, where incentives include income tax and import duty exemptions.

The outreach comes as Pakistan seeks to strengthen investor confidence and expand industrial capacity amid ongoing economic stabilization efforts. Saudi Arabia has pledged billions of dollars in potential investments in Pakistan’s mining, energy and infrastructure sectors in recent years, though several projects remain at exploratory or negotiation stages.

Saudi Arabia is also one of Pakistan’s largest sources of worker remittances and a key partner in Islamabad’s efforts to secure external financing and long term investment commitments.