‘20% of workforce is Pakistani, want more skilled workers,’ KSA delegation
To improve trade, a delegation from the Kingdom of Saudi Arabia visited Pakistan.
To improve trade, a delegation from KSA visited Pakistan. The delegation was led by the Chairman of the Saudi-Pak Business Council, Fahad Bin Mohammed Al-Bash, and held B2B meetings with members of the Islamabad Chamber of Commerce and Industry. It will also pay a visit to Karachi and Lahore later on.
Trade delegation visits Pakistan
The delegation talked about potential business collaborations in areas of interest. Partnerships in multiple sectors, like food processing, pharmaceuticals, infrastructure services, medical tools, equipment, etc. were discussed.
While talking at the occasion, the chairman said that investors from Saudi Arabia are eager to leverage business opportunities in Pakistan. He added that the positive relationships between the two governments should be matched with strong ties in trade to achieve prosperous results.
Fahad Bin Mohammed Al-Bash added that around 20% of the workforce in the KSA is from Pakistan, and his country wants more trained workers. He said that many sectors, like the chemical industry, tourism, and real estate, offer great opportunities for investment in Pakistan. He hoped that the delegation will help to further promote bilateral trade and strengthen ties between the two countries.
President of Chambers of Commerce and Industry, Muhammad Shakeel Munir said that Pakistan offers great investment opportunities in multiple sectors. He added that the delegation should also explore construction materials, machinery, and equipment, agro-processing technologies, and more.
Chairman Founder Group, Khalid Iqbal Malik also briefed the delegation about the investment opportunities in CPEC and added that they should look into them for business development. Saudi Arabia has also previously agreed to establish a multi-billion dollar refinery complex in Gwadar, which should be turned into a reality.
Vice President of ICCI, Muhammad Faheem Khan thanked the delegation for visiting the country. He hoped that the visit will start a new era of growth and relations between the two nations.
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