Saudi-Pak Business Council Delegation
The strong bond between Pakistan and Saudi Arabia continues to flourish, not only in faith and brotherhood but also in expanding economic cooperation. In a significant development, a high-level Saudi-Pak Business Council delegation met with Punjab Chief Minister Maryam Nawaz in Lahore on October 11. This visit marks a new chapter in bilateral relations with a strong focus on investment, technology, and public welfare.
Warm Welcome to the Saudi Delegation
The meeting was led by Prince Mansoor bin Muhammad bin Saad Al Saud, Chairman of the Pak-Saudi Business Council. CM Maryam Nawaz welcomed the Saudi guests warmly in an Arabic setting a tone of mutual respect and deep cultural connection.
During the discussions, the Saudi delegation praised the welfare initiatives of the Punjab government. They appreciated the province’s clear vision and investment-friendly environment.
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Punjab’s Investment Potential Highlighted
The delegation received a detailed briefing on key development projects and emerging investment opportunities in Punjab. CM Maryam Nawaz highlighted Punjab’s vast potential in:
- Livestock and meat exports
- Information Technology (IT)
- Mining and minerals
- Infrastructure development
- Chemical industry
Punjab’s skilled workforce, modern infrastructure, and pro-business policies were presented as key assets that make the province an attractive destination for foreign investment.
Announcement of the Saudi Industrial State in Punjab
In a historic move, CM Maryam Nawaz announced the establishment of a Special Saudi Industrial State in Punjab. The initiative includes major incentives to encourage Saudi investment, including:
- 10-year tax holiday
- 10-year income tax exemption
- One-time exemption from customs duties
- Dedicated fast-track processing through the CM Office
This industrial state is aimed at facilitating Saudi businesses and ensuring the rapid implementation of projects under a zero-delay policy.
Mass Transit Collaboration for Mecca Metro Trains
Punjab is not only focusing on local development but also extending its technical support internationally. The Punjab Mass Transit Authority offered its services for operating the Al-Mashhar and Al-Maqdisah metro trains in Mecca. This reflects Punjab’s commitment to contributing to infrastructure development in the Holy Land.
A Relationship Built on Faith and Brotherhood
Chief Minister Maryam Nawaz emphasized that the relationship between Pakistan and Saudi Arabia is not built on political interests but on centuries-old religious, cultural, and emotional ties. She said:
“Mecca and Medina hold a special place in the hearts of all Pakistanis. We consider the protection of the Two Holy Mosques not a strategy, but an eternal duty and honor.”
She also highlighted the respectful and trusted relations Saudi Arabia has maintained with former Prime Minister Nawaz Sharif and Prime Minister Shehbaz Sharif over the decades.
Fast-Track Investment Approach
Maryam Nawaz outlined a result-oriented policy approach that includes:
- Zero-time-to-start investment model
- Pakistan and Saudi Arabia to Form Joint Working Groups in Key Priority Sectors
- 30, 60, and 90-day action plans to ensure efficient project execution
She assured the Saudi delegation that Punjab is ready to move forward with transparency, speed, and mutual benefit.
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Support in Times of Need
The Chief Minister appreciated the compassionate response of Saudi Arabia during the devastating floods in Punjab. The Saudi ambassador’s donation of household items for flood victims was acknowledged with deep gratitude.
Traditional Hospitality and Cultural Exchange
To honor the guests, CM Maryam Nawaz hosted a traditional dinner showcasing the rich culinary culture of Punjab. The gesture reflected the warmth and deep-rooted values of Pakistani hospitality.
Prince Mansoor bin Muhammad bin Saad Al Saud thanked the Punjab government for their excellent hospitality and appreciated the leadership and vision of Maryam Nawaz. He stated:
“Pakistan is more than an investment destination it is our brotherly nation. We are here to invest, support, and grow together.”
Vision for a Prosperous Future
Maryam Nawaz expressed her desire to link ethics with development, technology with culture, and knowledge with character. She also shared updates on the creation of Pakistan’s first Business Central District in Lahore, which aims to boost economic activity and create jobs.
She concluded by saying that this partnership is the beginning of a new economic era for both nations.
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