Saudi Arabia expresses strong interest in investing in Balochistan, expanding employment opportunities for skilled workers
KARACHI, Saudi Arabia has expressed keen interest in investing across key sectors of Balochistan and creating employment opportunities for the province’s skilled workforce, signalling a potential boost to economic cooperation between the two sides.
The interest was conveyed during a high-level meeting in Karachi between a 10-member Saudi business delegation led by Prince Mansour bin Mohammed Al Saud, Chairman of the Saudi-Pakistan Joint Business Council, and a senior delegation from the Government of Balochistan headed by Bilal Khan Kakar, Vice Chairman of the Balochistan Board of Investment and Trade (BBoIT).
Also present at the meeting were Abdul Kabir Zarkoon, Managing Director of B-TEVTA, and Liaquat Kashani, Managing Director of LIEDA.
During the session, the Balochistan delegation provided a detailed briefing on the province’s vast investment potential and a range of development projects.
Among the initiatives highlighted were a low-BTU gas-based urea fertiliser complex, a ferrochrome plant, industrial development opportunities under LIEDA, blue economy projects, olive cultivation, livestock farming, and investment prospects in the minerals and energy sectors.
Prince Mansour bin Mohammed Al Saud reaffirmed Saudi investors’ willingness to participate directly in development projects and expressed interest in investing in projects that are ready for implementation. He also assured the Balochistan delegation that efforts would be accelerated to create employment opportunities in Saudi Arabia for skilled workers from the province.
The Saudi business leader described the initiative aimed at facilitating jobs for Balochistan’s skilled workforce as a special gesture towards the provincial government, underscoring Saudi Arabia’s commitment to strengthening economic ties and people-to-people cooperation.
Speaking on the occasion, Bilal Khan Kakar said Balochistan offered immense opportunities in minerals, energy, agriculture, livestock, coastal economy and industrial development. He noted that investment in these sectors could significantly enhance economic activity while generating substantial employment opportunities for local communities.
Bilal Kakar emphasised that the vision of Chief Minister Mir Sarfraz Bugti is to transform Balochistan into a major hub for domestic and international investment and trade. He said the provincial government remains committed to facilitating investors and creating a business-friendly environment to attract long-term investment.
Inviting the Saudi delegation to take advantage of the opportunities available in the province, Kakar assured them that the Balochistan Board of Investment and Trade would provide full support in identifying potential projects, coordinating with relevant institutions, and facilitating the investment process.