Saudi Arabia and Pakistan working on long-term business strategy
Saudi Arabia and Pakistan considers a long-term investment strategy. The kingdom encouraged major Saudi companies to expand their business internationally and offering government help and resources through the National Companies Promotion Program (NCPP). The chairman of Pakistan’s Board of Investment (BOI) and minister of state, Azfar Ahsan, and the Saudi Minister for Investment, Khalid Al-Falih, discussed options for promoting bilateral investment.
Agriculture, mining, renewable energy, food processing, refineries, petrochemicals and information technology have been identified as potential areas of investment. Proposing a joint BOI-NCPP team for finalizing projects from the public and private sectors.