Sindh Chief Minister Courts Saudi Investors for Strategic Energy and Agriculture Partnerships

Sindh is positioning itself as a central hub for foreign investment, with a strong push to attract capital from Saudi Arabia in key development sectors. In a high-level meeting at the Chief Minister House, Murad Ali Shah extended a formal invitation to Saudi businesses to explore opportunities in energy, agriculture, infrastructure, logistics, and industrial development across the province.

The engagement took place during the visit of a Saudi trade delegation led by Prince Mansour bin Mohammed Al Saud, who also serves as Chairman of the Saudi–Pakistan Joint Business Council. The delegation included Nawaf bin Saeed Ahmad Al-Malki, Saudi Arabia’s Ambassador to Pakistan, along with over 30 leading businessmen and investors representing sectors such as energy, mining, agriculture, construction, logistics, and finance.

The meeting was attended by senior members of the Sindh cabinet, representatives from the Pakistan Business Council, the Overseas Investors Chamber of Commerce and Industry, and officials from the Saudi Embassy. Shah welcomed the delegation, reaffirming the historical and brotherly ties between the two nations. He underscored Sindh’s commitment to creating an investor-friendly climate built on transparency, economic reform, and ease of doing business.

Shah highlighted the province’s ongoing economic modernization, including digitalizing land records and simplifying investment procedures to improve investor confidence. He said Sindh is well placed to serve as a gateway for Pakistan’s broader economic development and expressed strong alignment with the goals of Saudi Vision 2030.

He spotlighted several major projects including the Hyderabad-Sukkur Motorway, Karachi’s Blue and Yellow Line transit systems, fisheries and livestock development initiatives, and Special Economic Zones designed to provide attractive incentives and infrastructure to investors. Both parties agreed to set up joint working groups in priority sectors to maintain momentum and ensure continuous collaboration.

The Chief Minister also emphasized the importance of close coordination with the Ministry of Investment, Pakistan, the Special Investment Facilitation Council (SIFC), and the Trade Development Authority of Pakistan to provide end-to-end support to investors, from project planning to execution.

In response, Prince Mansour bin Mohammed Al Saud expressed appreciation for the warm welcome and reiterated Riyadh’s commitment to expanding economic engagement with Pakistan. He announced the formation of sectoral subcommittees to begin project-level investments and emphasized Karachi’s strategic importance as a major port city offering wide-ranging investment prospects.

Shah assured Saudi investors of full provincial government support, reaffirming that Sindh has opened its doors to international investors. He pledged that all administrative and procedural facilitation would be provided to ensure smooth implementation of investment ventures.

This outreach is part of Pakistan’s broader strategy to build long-term economic partnerships with Saudi Arabia and diversify its sources of foreign investment, particularly in sectors that can generate sustainable growth and employment.

Follow the PakBanker Whatsapp Channel for updated across Pakistan’s banking ecosystem.