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Pakistan pitches motorways to Saudi investors
🇵🇰 Pakistan /Economy & Trade

Pakistan pitches motorways to Saudi investors

From Dawn · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Pakistan invited Saudi investors to fund major highway projects, including the Sukkur-Hyderabad Motorway (M6).
  • The projects aim to enhance transport infrastructure and provide seamless connectivity from Karachi to Gilgit.
  • The offer was made by the Communications Minister during a meeting with the Saudi-Pakistan Joint Business Council chairman.

Pakistan is actively seeking foreign investment to bolster its expanding transport infrastructure, extending an invitation to Saudi investors to participate in the construction of key highway projects. Federal Communications Minister Aleem Khan met with Prince Mansour bin Muhammad Al Saud, Chairman of the Saudi-Pakistan Joint Business Council, to present investment opportunities.

The focus was on three strategic road projects: the M6 Sukkur-Hyderabad Motorway, the M10 Karachi Port, and the M13 Kharian-Rawalpindi motorways. The Sukkur-Hyderabad Motorway, in particular, is a long-awaited project expected to create uninterrupted motorway connectivity from Karachi Port all the way to Peshawar and further north to Gilgit.

This initiative highlights Pakistan's efforts to attract capital into its infrastructure sector, aiming to improve logistical networks and facilitate economic cooperation between Pakistan and Saudi Arabia.

DistantNews Editorial

Originally published by Dawn. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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