Pakistan asks entrepreneurs to take advantage of Saudi Vision 2030
Pakistan is urging its entrepreneurs to
capitalize on the business opportunities presented by Saudi Arabia’s Vision
2030, which aims to reduce the Kingdom's dependence on oil by developing
sectors like health, education, tourism, and infrastructure.
Speaking to a delegation of food exporters in
Riyadh, Saif Ur Rehman, coordinator to the federal tax ombudsman, emphasized
the “transformative potential” of Saudi Arabia’s Vision 2030 and urged
Pakistani entrepreneurs to explore new markets and forge partnerships in the
Kingdom. He highlighted how the initiative offers an ideal platform for
Pakistani businesses to expand and contribute to the economic development of
both countries.
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and Saudi Arabia to strengthen digital partnership: State Minister
Rehman encouraged entrepreneurs to actively
participate in trade exhibitions, business forums, and networking events in
Saudi Arabia to build lasting relationships and access new opportunities. He
also reiterated the Pakistani government’s commitment to supporting these
ventures through policy initiatives and diplomatic efforts.
“By seizing these opportunities, Pakistani
entrepreneurs can play a key role in strengthening bilateral relations, driving
economic growth, and uncovering untapped collaboration opportunities between
Pakistan and Saudi Arabia,” said Rehman.
Pakistan
and Saudi Arabia share a robust relationship, cooperating across various
sectors including defense, trade, agriculture, and livestock. The Pakistani
community in Saudi Arabia, which numbers over 2 million, remains one of the
Kingdom’s largest migrant groups and is a vital source of remittances to
Pakistan. As Saudi Arabia modernizes its economy, there is an increasing demand
for skilled labor, providing new opportunities for Pakistan’s workforce.
Source: Arab News
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