Summary
Pakistan’s coordinator to the federal tax ombudsman, Saif Ur Rehman, has urged entrepreneurs to seize business opportunities offered by Saudi Arabia’s Vision 2030 program. The strategic development framework aims to reduce the Kingdom’s reliance on oil and develop public service sectors such as health, education, infrastructure, recreation, and tourism.
Pakistan-Saudi Ties Strengthened Through Business Opportunities
Pakistan enjoys strong ties with Saudi Arabia, cooperating in areas such as defense, trade, agriculture, livestock, and other priority sectors. The two countries have a long-standing relationship, with over 2 million Pakistanis working in the Kingdom, making it the largest source of remittances to Pakistan.
Saudi Arabia’s Vision 2030 program offers a unique platform for Pakistani entrepreneurs to expand their businesses, access new markets, and contribute to economic development between the two countries. Rehman emphasized that Saudi Vision 2030 has transformative potential and urged businessmen to actively explore partnerships and investments in leveraging strategic ties between the two nations.
Rehman noted that by participating in trade exhibitions, business forums, and networking events, Pakistani entrepreneurs can build lasting connections with people in Saudi Arabia. He underscored the importance of engaging proactively with the Saudi market, assuring entrepreneurs of continued support through policy initiatives and diplomatic efforts.
"Pakistani industrialists can play a pivotal role in strengthening bilateral relations, driving economic growth, and exploring untapped potential for collaboration between Pakistan and Saudi Arabia," Rehman said. "By capitalizing on these initiatives, we can create new opportunities for mutual benefit."
A Growing Demand for Skilled Labor
While most Pakistanis comprise blue-collar workers in the Kingdom, there is a growing demand for skilled labor as Saudi Arabia seeks to modernize its economy. The Vision 2030 program aims to reduce reliance on oil and develop public service sectors, creating opportunities for skilled Pakistani professionals.
Rehman urged entrepreneurs to capitalize on these initiatives, emphasizing that Pakistan’s government will continue to facilitate opportunities through policy initiatives and diplomatic efforts. He noted that by participating in trade exhibitions and business forums, Pakistani entrepreneurs can build lasting connections with people in Saudi Arabia.
Building Lasting Connections
To capitalize on the opportunities offered by Saudi Vision 2030, Rehman urged entrepreneurs to engage proactively with people in Saudi Arabia. This includes participating in trade exhibitions, business forums, and networking events to build lasting connections.
Rehman emphasized that Pakistani entrepreneurs must adapt to the changing market dynamics in Saudi Arabia. He noted that the Kingdom’s Vision 2030 program offers a unique platform for businesses to expand their operations, access new markets, and contribute to economic development between the two countries.
Economic Benefits of Bilateral Cooperation
Bilateral cooperation between Pakistan and Saudi Arabia has numerous benefits, including strengthening ties between the two nations, driving economic growth, and exploring untapped potential for collaboration. By capitalizing on these initiatives, Pakistani industrialists can play a pivotal role in achieving these goals.
Rehman urged entrepreneurs to seize business opportunities offered by Saudi Vision 2030, emphasizing that Pakistan’s government will continue to facilitate opportunities through policy initiatives and diplomatic efforts. He noted that by participating in trade exhibitions and business forums, Pakistani entrepreneurs can build lasting connections with people in Saudi Arabia.
Conclusion
Pakistan’s coordinator to the federal tax ombudsman, Saif Ur Rehman, has urged entrepreneurs to seize business opportunities offered by Saudi Arabia’s Vision 2030 program. The strategic development framework aims to reduce the Kingdom’s reliance on oil and develop public service sectors such as health, education, infrastructure, recreation, and tourism.
Rehman emphasized that Pakistani entrepreneurs must engage proactively with people in Saudi Arabia, participating in trade exhibitions, business forums, and networking events to build lasting connections. He noted that by capitalizing on these initiatives, Pakistani industrialists can play a pivotal role in strengthening bilateral relations, driving economic growth, and exploring untapped potential for collaboration between Pakistan and Saudi Arabia.
By adapting to the changing market dynamics in Saudi Arabia and engaging proactively with people in the Kingdom, Pakistani entrepreneurs can capitalize on the opportunities offered by Saudi Vision 2030.