*ISLAMABAD: Crown Prince of Saudi Arabia Mohammad Bin Salman Al Saud willvisit Pakistan in third week of February, with huge investment proposals.*
The crown prince during his stay in Pakistan, will also address thePakistani nation, while one of the biggest investment packages in thehistory of Pakistan will also be announced.
“Agreements of a heavy investment worth 14 billion dollars on behalf of theSaudi Arabian government will be inked in visit Crown Prince Mohammad BinSalman”, sources were quoted as saying.
A petrochemical complex would be built from Saudi Arabia’s investment inGwadar and a memorandum of understanding will be signed in this regard, thesources added.
The kingdom has transferred $3 billion as promised to face balance ofpayment issue.
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Later in a video message, Prime Minister Imran Khan had congratulated thenation and thanked Saudi Arabia for what he termed an “amazing package” tosteer the country out of balance of payment crisis.
Provision of raw oil will also be discussed with the Saudi Arabiandignitary during his stay in the country.
