This will mark the Saudi Crown Prince’s first trip to Pakistan in the previous five years. He visited Pakistan for the last time in February 2019. Along with his delegation, the crown prince of Saudi Arabia is scheduled to arrive in Pakistan.
During the visit, Pakistani Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed Bin Salman will have their third face-to-face encounter in a span of five weeks.
At present, a high-level trade team from Saudi Arabia, led by Ibrahim al-Mubarak, the deputy minister for investment, is in Pakistan to investigate potential investment opportunities across several sectors and establish robust relationships with local entrepreneurs.
About 35 enterprises spanning a range of economic sectors are represented in the 50-member Saudi delegation.
Leaders of businesses in the construction, telecommunication, agricultural, and other sectors were among the Pakistani authorities anticipating a commitment of 10 to 15 billion US dollars in investment during the arrival of the Saudi team.
