Saudi Arabia will grant a two-year multiple visa to Pakistani businessmen beneficial by way of the Federation of Pakistan Chambers of Trade and Business (FPCCI).
This used to be made up our minds at a gathering between Saudi Ambassador to Pakistan Abdullah Marzouk Al-Zahrani and President of the FPCCI Abdul Rauf Alam. Leaders of the industry group of dual towns have been additionally provide at the instance.
All through the assembly, the President FPCCI drew consideration of the Saudi envoy against more than a few issues confronted through the Pakistani industry group whilst visiting Saudi Arabia that have been smartly taken.
The Saudi Ambassador stated, his nation extremely values its family members with brotherly Islamic nation of Pakistan. “We would like to give a boost to cooperation with Pakistan in more than a few fields together with industry, trade and tradition,” he added.
He stated, “We’re shifting Saudi Arabia’s financial system past oil which could also be an excellent chance for Pakistani buyers.”
Saudi Arabia is injecting new dynamism into its financial system thru a productiveness and funding led transformation that may lend a hand make sure that long run expansion, employment, and prosperity, the envoy stated.
The sectors by which Pakistanis can make investments come with agriculture, honey and drinks, processed meals, oil, fuel, petrochemicals, energy together with sun and different renewable power, water and wastewater, monetary and professional products and services, he stated.
Schooling, coaching and human capital construction, mass shipping infrastructure together with new rail, metro and bus hyperlinks, environmental generation and products and services, ICT, shopper and comfort items, safety products and services, healthcare and lifestyles sciences, and mining also are a few of the sectors Pakistani businessmen can spend money on, he added.
He stated, Pakistani buyers can be given all of the amenities within the kingdom to identify their companies.
The FPCCI president stated, from 2003 to 2013 Saudi Arabia noticed emerging prosperity, family source of revenue rose by way of 75 consistent with cent, 1.7 million jobs have been created, GDP doubled and reserves amounted to virtually 100 according to cent of GDP however now it now not can depend on oil income.
He stated, even if portions of the Center East have noticed political turmoil since few years, Saudi Arabia has remained solid and buyers nonetheless view it as a phenomenal position to do industry.
The Saudi Riyal is likely one of the global’s maximum solid currencies and there were no vital adjustments in its change worth all the way through the ultimate 3 many years subsequently businessmen can make investments there with none worry, he added.