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Saudi Delegation Launches Pakistan Investment Push as Sindh Tables $5 Billion Portfolio, K-Electric MoUs

Institutional channels, coupled with reform pledges, underpin Pakistan’s push to draw Saudi investment.

Overview

  • Prince Mansour bin Mohammed Al Saud led a high-level business delegation to the SaudiPakistan Joint Business Council in Islamabad before scheduled engagements in Karachi and Lahore.
  • Sindh Chief Minister Syed Murad Ali Shah presented an investable portfolio worth $5 billion and agreed to create joint working groups and sectoral subcommittees with the Saudi side.
  • Two MoUs tied to K-Electric were announced in Karachi, including a share sale agreement for KES Power Ltd and a separate pact between K-Electric and Trident Energy to explore cooperation.
  • Prime Minister Shehbaz Sharif urged a pivot from security ties to trade and investment, linking the economic focus to last month’s Strategic Mutual Defence Agreement with Saudi Arabia.
  • Finance Minister Muhammad Aurangzeb cited Saudi Vision 2030 as a model, said the federal cabinet approved the defence pact, touted ongoing energy and tax reforms, and noted his departure for IMF meetings.