Prime Minister Shehbaz Sharif has said Saudi Arabia is keen to invest in diverse projects in the country, including an oil refinery, adding that the Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al-Saud will visit Pakistan soon.
Speaking at the passing out parade of the Specialized Training Program (STP) at the National Police Academy in Islamabad on Friday, the PM talked about his recent visit to Saudi Arabia.
“During my visit, I met a delegation from the Saudi Fund for Development (SFD), and they asked about the progress of the projects they had been working on for the previous few years.” he said.
“SFD announced a grant for the building of a hospital a few years ago, but the project saw no advancement.” PM added.
He bemoaned that the project’s files were catching dust, despite the fact that he claimed to have requested the Saudi Arabian officials for two days to remedy the issue.
After two days, the Pakistan delegation in Saudi Arabia secured all approvals for the project and procedures were completed, he underlined.
“He pledged to invest in diverse schemes of Pakistan including an oil refinery that he first discussed with Pakistan in 2019 but no follow up was done.”
According to the PM, the refinery will be built at a cost of $10 billion to 12 billion. He reiterated that Pakistan was also making efforts to build solar power schemes.