Saudi Crown Prince says Hurry Up Pakistan for the biggest investment of the history – Research Snipers

Saudi Crown Prince says Hurry Up Pakistan for the biggest investment of the history

$1bn

Hurry Up Pakistan for the Biggest Investment of Pakistan’s history, says Saudi Crown Prince Muhammad Bin Salman.

Pakistan’s Finance Minister Asad Umar said on Thursday “Saudi Arabia will make the biggestinvestment in Pakistan’s History soon”.

While talking to an event organized in Islamabad Asad Umar Pakistan’s FinanceMinister said soon Saudi Arabia will make the biggest investment in Pakistan, he said that the ball is in our court and the investment package details will go to the cabinet for approval next week, after the approval an official announcement would be made, he added.

He also said that he is receiving intimations from Saudi Crown Prince Mohammad Bin Salman to“Hurry Up”.

It was announced in October that Saudi Arabia will provide $3 billion bailout package to Pakistan, however, it also included relief package in deferred oil payments, Saudi Arabia is more interested in Oil and Refinery sector investment in Pakistan. China also welcomed Saudi Arabia to take part in the CPEC project and make investments in sectors it could do the best.The details of the investments are not clear yet, it is likely to be revealed officially in the coming weeks however, Saudi Arabiaseems to be more interested in Oil and Refinery sector in Pakistan.