PR No. 05 Saudi Investor keen to Invest in the Energy Sector of Pakistan Islamabad: October 01, 2018

During the call on with Federal Minister for Power, Mr.Omar Ayub Khan, Saudi Investor expressed keen interest to invest in power sector of Pakistan. The delegation was headed by Mr.Ahmad Hameed Al-Ghamdi, Advisor of Saudi Arabia, Ministry of Energy, Industry, and Mineral Resources. Federal Minister, Mr. Omar Ayub Khan welcoming the Saudi delegation reiterated Pakistan’s close fraternal ties with Saudi Arabia and the government’s commitment to strengthen the bilateral relations in all areas of mutual interest. He also informed that Pakistan has become rapidly developing country having tremendous opportunities in energy sector. He further mentioned that Pakistan has turned into investor friendly country and it completely facilitates and safeguards foreign investment. Federal Minister also highlighted that there are great opportunities to invest in the field of electricity generation and transmission. While highlighting the potential sites for solar, wind and hydel energy, the Minister said that present government is keen to harness the potential for renewable energy, making it quite affordable for people.

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