Islamabad: Prime Minister (PM) Imran Khan has constituted a ministerial-level committee to hold talks with Saudi investors, who are scheduled to land in Pakistan this weekend – a news source reported.
Read: Pakistan receives second tranche from Saudi Arabia
This five-member committee includes three federal ministers, an adviser, and a special assistant to the prime minister. They are, namely, Foreign Minister Shah Mahmood Qureshi, Finance Minister Asad Umar, Minister for Maritime Affairs Ali Zaidi, Adviser on Commerce Abdul Razak Dawood, and Special Assistant on Overseas Pakistanis Zulfi Bukhari.
Foreign Minister (FM) Shah Mahmood Qureshi will head the delegation during its talks with Saudi investors. The committee has been tasked with holding productive negotiations with the Saudi delegation.
Pakistan is expecting a record-high investment package from the Gulf kingdom, including the construction of a USD 10 billion refinery and oil complex in Gwadar.
Read: Saudi Arabia joins CPEC with three projects to be financed
FM Qureshi recently informed that the two countries would sign at least eight MOU agreements with regard to investment, finance, power, renewable energy, internal security, media & culture, and sports.