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Pakistan Expects Over $27 Billion in Foreign Direct Investment in the Coming Years

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Pakistan is expected to attract over $27 billion in foreign direct investment in the coming years, with the Special Investment Facilitation Council (SIFC) playing a key role in promoting this influx. The government is determined to boost foreign investments, aiming for the development of crucial sectors and economic stability.

Saudi Arabia is set to invest $5 billion, while the UAE and Kuwait are both eyeing investments of $10 billion each. Azerbaijan has expressed interest in investing $2 billion in Pakistan over the next few years.

Pakistan and Saudi Arabia have already signed investment agreements worth a total of $21 billion. This includes a nearly $10 billion deal for establishing an oil refinery and $1 billion for a petrochemical complex at Gwadar Port. Additionally, a $5 billion trade investment agreement has been finalized between the two nations.

Saudi oil giant Aramco is also planning to launch its first branded retail gas station in Pakistan by the end of this year. Azerbaijan is particularly interested in Pakistan’s oil, gas, minerals, and other sectors.

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