Fostering B2B investments: Azfar Ahsan meets Saudi investment minister

KARACHI: Muhammad Azfar Ahsan, former Minister for Investment of Pakistan and founder of Nutshell Group, met with Khalid bin Abdulaziz Al-Falih, Minister of Investment for the Kingdom of Saudi Arabia, in Islamabad.

During their meeting, they discussed the robust partnership between the private sectors of both nations, emphasising that the private sector should be empowered to lead business-to-business (B2B) collaborations for finalizing productive investments.

The conversation focused on fostering an ecosystem to strengthen the bilateral relationship, addressing key challenges faced by both countries, and outlining a strategic roadmap for the future. A project cantered on food security was highlighted as a critical area for collaboration, aimed at promoting stability and prosperity.

They emphasised the need for consistency in partnerships to navigate complex geopolitical dynamics and foster regional stability.

Additionally, a visit to Riyadh by leading Pakistani business houses was agreed upon, where they will engage in B2B meetings with their Saudi counterparts to explore joint ventures and attract further investments into Pakistan.

Khalid bin Abdulaziz Al-Falih and Muhammad Azfar Ahsan expressed optimism about the prospects for deeper cooperation and mutual prosperity. They also highlighted the enduring strength of the relationship between the two countries, aiming to unlock untapped potential and foster sustainable economic development.

Copyright Business Recorder, 2024