Pakistan and Saudi Arabia have launched a private equity fund to strengthen bilateral trade, investment, and private-sector cooperation. The fund, established by the Saudi-Pakistan Joint Business Council, has an initial value of several hundred million dollars, with plans for further expansion based on investment opportunities across various sectors. Around 75% of the fund will be invested in Pakistan, while the remaining 25% will support projects in Saudi Arabia.
The initiative reflects growing economic ties between Islamabad and Riyadh, with both countries exploring investment opportunities in agriculture, ports, highways, airport outsourcing, real estate, energy, power distribution, and information technology. The two sides are also working to expand agricultural and food exports, strengthen infrastructure development, and promote broader economic cooperation.
