Pakistan News

PM Imran to leave for Saudi Arabia to attend Investment Conference

ISLAMABAD: Prime Minister Imran Khan will leave for Saudi Arabia on the special invitation of King Salman bin Abdel Aziz, to participate in the two-day “Future Investment Initiative (FII),” conference scheduled to start on Tuesday.


Khan will aim to highlight the country’s economic potential and to attract investment. Prime Minister will also call on King Salman and Crown Prince Mohammed bin Salman to discuss matters of mutual interest.


The meeting for the Future Investment Initiative (FII), to be held from Oct. 23 to 25, will look at “projecting Pakistan’s economic and investment potential,” a statement released by the Foreign Office said on Friday.


“The conference provides an opportunity to interact with important business leaders who are interested in investing in Pakistan,” the Foreign Office said, adding that Khan will be attending the conference on the special invitation of King Salman and was also expected to share his vision for Pakistan for the next five years.


The conference, called “Davos in the Desert,” will host leading businesspeople, investors, corporate giants, representatives of hi-tech industry and major media outlets in one platform.


Khan will also call on King Salman and Crown Prince Mohammed bin Salman to discuss “matters of mutual interest.”


“The FII is now an annual feature in Saudi Arabia. The first FII was held last year, with the participation of 3,800 people from 90 countries. This year’s conference is also likely to attract a large number of leading figures,” the statement read.


The prime minister’s participation in the conference “signifies our solidarity with the Kingdom in its efforts to become an emerging hub for international business and investment.”

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