PM Shehbaz Asks Karachi Businessmen to Devise Plan for $1Bn Saudi Investment

Pakistani PM Shehbaz Sharif on Friday asked Karachi businessmen to devise a plan for an investment of $1 billion dollars from Saudi Arabia. He said that Saudis had stated they were waiting for viable investment opportunities in Pakistan.

“One billion dollars is available, it is a gift of investment from Saudi Arabia. As the prime minister, I am laying this in front of you. Sit together and brainstorm and make a feasibility plan. Set up a desalination plant and I believe that clean water will be available at every home within five years,” Shehbaz told the businessmen.

The Pakistani premier was addressing a ceremony at the Karachi Chamber of Commerce and Industry during a one-day trip to the metropolitan city.

“Now it is up to you. This investment is available. It is on the table,” he said, adding that he had told Finance Minister Miftah Ismail on the flight over to Karachi that he wanted to use the funds for the port city. (Source: Dawn)

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