In an effort to allay serious worries and advance economic relations, Pakistan has brought to a high-level team from the Kingdom of Saudi Arabia 25 projects with a total estimated investment potential of more than $32 billion.
One of these projects, which would cost $2 billion to build, is the idea to build a train link between major mining areas and Gwadar.
Pakistan has also emphasized the long-awaited Diamer Bhasha Dam project, which is looking for a $1.2 billion equity investment. A feasibility study for a five-star luxury hotel using land that is available from the Capital Development Authority is another project.
The team was briefed on Pakistan’s changing economic landscape during a thorough presentation by the Special Investment Facilitation Council (SIFC), which functions collaboratively under military and civilian authority.
These included successes including getting an IMF agreement, increasing earnings repatriation, and creating a better investment environment as a result of SIFC measures.
