Deputy Prime Minister (PM) Ishaq Dar has expressed Pakistan’s firm commitment to working closely with the Kingdom of Saudi Arabia (KSA) to explore the potential for cooperation in various fields between the two countries.

Addressing the Pak-Saudi Business Forum here in Islamabad on Thursday, he said Pakistan offers a wide range of investment opportunities especially in the areas of IT, mines and minerals, renewable energy and agriculture and livestock.

The Deputy Prime Minister said Pakistan is actively fostering innovation, enhancing its infrastructure and streamlining regulatory framework to create an investment friendly climate.

Addressing the Business Forum, the Saudi Minister of Investment Khalid bin Abdulaziz Al-Falih said his country has been and will continue to be Pakistan’s partner and help it achieve economic stability.

In his remarks, Finance Minister Muhammad Aurangzeb said Pakistan is at a good place on economic front and open to business. He highlighted the government policies aimed at strengthening the private sector to lead the country’s business and economy.

Minister for Petroleum Musadik Masood Malik highlighted that Special Investment Facilitation Council (SIFC) has been established to provide a welcoming environment to the foreign investors.