In a significant development, interim Prime Minister Anwaar-ul-Haq Kakar has unveiled ambitious plans for economic transformation in Saudi Arabia and the Middle East. Saudi Arabia is set to invest a staggering $25 billion in various projects within the next two to five years, marking a pivotal moment in the region’s economic landscape.

Saudi Arabia to Invest $25 Billion in Pakistan: A Game-Changing Initiative

Central to this economic resurgence strategy is the Special Investment Facilitation Council (SIFC), which PM Kakar has identified as a linchpin for progress. SIFC will channel its energies into rejuvenating key sectors, including agriculture, mining, defense production, and information technology.

A remarkable facet of PM Kakar’s tenure has been the harmonious partnership between his interim government and the military, as they unite their efforts to spearhead economic recovery initiatives. Moreover, PM Kakar expressed his optimism regarding the China-Pakistan Economic Corridor (CPEC) and highlighted the warm reception of CPEC projects by the people of Balochistan. Ensuring the safety of Chinese workers involved in these projects remains a top priority for his administration.

In this transformative journey, we extend our heartfelt gratitude to His Highness Mohammed bin Salman for the invaluable support and vision that have paved the way for this monumental investment in Pakistan.

Adding to the economic potential of the region, PM Kakar unveiled the presence of substantial reserves of copper and gold, valued at a staggering $6 trillion, in Balochistan. The upcoming Reko Diq project is poised to tap into this immense resource wealth. PM Kakar issued a call to action for all stakeholders to collaboratively shape a model for harnessing the mineral-rich region’s potential, thereby presenting a renewed and resource-abundant Pakistan to the global stage.