Standing with Pakistan in difficult times, cabinet has allowed Saudi ambassador to invest
MoUs were signed in the fields of Metrology, Sports, Petrochemical Sector and Power Generation, as well as 4 major deals on Oil, Energy, Alternative Energy and Minerals. Nawaf Saeed Al-Maliki
According to details, Saudi Arabia’s ambassador to Pakistan Nawaf Saeed al-Maliki confirmed the Saudi cabinet’s investment in various sectors in Pakistan.
The cabinet approved a $ 20 billion MoU with Pakistan, he said
The Saudi ambassador said that MoUs include plans to set up an oil refinery in Gwadar at a cost of $ 8 billion. He said that MoUs were signed in the fields of Metrology, Sports, Petrochemical Sector and Power Generation, as well as 4 major oil, energy, electronic and energy mineral contracts.
He made it clear that all the MoUs were signed on the occasion of the visit of Saudi Wali Ahad Mohammad bin Salman to Pakistan.
