ISLAMABAD – Federal cabinet has approved the conversion of Prime MinisterHouse into a high-level university.
Federal Information Minister Fawad Chaudhry was addressing a pressconference in Islamabad after attending a federal cabinet meeting.
The information minister said that the cabinet has given approval for theagreements between Pakistan and Saudi Arabia. “Saudi Arabia is going to dohuge investment in Pakistan,” said Fawad Ch.
Fawad Chaudhry said “Saudi Arabia will make an investment of Rs 30 billionin Pakistan pertaining to the discovery of oil and gas.”
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To this an approval has been accorded for the construction of an oilrefinery in Gwadar, he added.