PM invites Saudi govt, firms to avail investment opportunities in Pakistan

  • Says SIFC to fast-track potential investments from GCC member states, especially KSA
  • Thanks Saudi Vice FM over timely financial support to Pakistan, especially during floods

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday invited the Saudi government and companies to avail the investment opportunities in agriculture, mining, IT, energy and other sectors of Pakistan.

The prime minister, in a meeting with Saudi Vice Minister for Foreign Affairs Engineer Waleed Abdulkarim El Khereji who called on him, said the establishment of Special Investment Facilitation Council (SIFC) would facilitate and fast-track potential investments from the Gulf Cooperation Council (GCC) member states, especially the Kingdom of Saudi Arabia.

In this regard, he appreciated the Kingdom’s serious interest in exploring investment opportunities in Pakistan.

The Saudi vice minister is leading a high-level delegation with members from the ministries of foreign affairs, energy, health, environment and agriculture, industry and mineral resources, investment etc.

Prime Minister Shehbaz welcomed the delegation and expressed satisfaction on the positive trajectory of bilateral relations with the Kingdom.

He also conveyed his greetings for the Saudi leadership and thanked Saudi Arabia for its timely financial support to Pakistan, especially during the floods and appreciated its role in helping Pakistan in its efforts to achieve macroeconomic stability.

The visit of the Saudi delegation manifests the deep interest and willingness on both sides to transform the longstanding fraternal ties into concrete and mutually rewarding economic partnership. The visit will contribute to further enhancement of multi-faceted collaboration between the two countries.

Pakistan and Saudi Arabia have a longstanding history of brotherly bilateral ties marked by mutual trust and understanding, close cooperation, and an abiding tradition of mutual support.

PM launches ‘Pakistan code’ website and App

Prime Minister of Pakistan on Tuesday launched a website ‘Pakistan code’ (www.Pakistancode.gov.pk) and App (Digital Repository of Federal Laws) to make the Federal Laws accessible to the general public.

The honorable Prime Minister lauded the efforts of Federal Minister for Law and Justice Senator Azam Nazir Tarar, Parliamentary Secretary Mehnaz Akbar Aziz, and Secretary Law Raja Naeem Akbarfor such an extraordinary work on the website and Mobile App.

The Key purpose of Pakistan Code website is to make the Federal Laws accessible to the general public, Judges, Lawyers,Litigants, Law students and Researchers, anywhere, anytime via medium of their choice.

It is an exclusive portal for access to digitized and updated FederalLaws. At present, the website contains 943 Federal Laws starting from 1839 to date.

The App contains QR Code for prompt traceability of Federal Laws. It has WaterMarking of proofread and reviewed laws as well.

Cyber security measures have also been taken in accordance with the Cyber Security directions of NTISB to prevent cyber-attacks.

In conclusion the honorable Prime Minister said that the launch of Pakistan code App is an historic moment paving way for digitization of laws in Pakistan.

 

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