Saudi Arabia has confirmed its continued interest in investing $10 billion in Pakistan, marking a shift from crisis-driven financing to sustainable, trade- and investment-led economic engagement. Finance Minister Muhammad Aurangzeb highlighted that improved macroeconomic conditions, including lower inflation, a stabilized rupee, and increased foreign reserves, have made Pakistan an attractive destination for private-sector investment.
Priority sectors for the Saudi investment include minerals and mining, IT, agriculture, tourism, and manufacturing. A major focus is the Reko Diq copper-and-gold project in Balochistan, where Saudi Arabia’s Manara Minerals has offered a 15 percent stake. The first-year output from Reko Diq alone is projected to generate nearly $2.8 billion in exports.
Aurangzeb emphasized that this investment strategy aims to create long-term economic growth and sustainability. By leveraging favorable geopolitics and improving fundamentals, Pakistan seeks to convert interest from Saudi Arabia and other partners into lasting private-sector-led opportunities, particularly in critical sectors like rare minerals and high-precision manufacturing.
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