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Saudi firm Kyan explores $200m+ investments in Pakistan across energy, mining, IT, and agriculture during Indus AI Week talks with BOI.
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Federal Minister for the Board of Investment (BOI) Qaiser Ahmed Sheikh welcomed a delegation from Saudi Arabia’s Kyan during its visit to Pakistan, where it participated in “Indus AI Week” organised by the Ministry of Information Technology and Telecommunication.
During the meeting, the minister highlighted the longstanding and brotherly ties between Pakistan and Saudi Arabia, stressing the need to further deepen economic cooperation and investment collaboration. He underscored Pakistan’s commitment to facilitating foreign investors and building strategic partnerships across high-growth sectors.
The Kyan delegation expressed strong interest in exploring investment opportunities in energy, mining, information technology, agriculture, and livestock. Representatives shared proposals for potential projects, each carrying an estimated minimum investment of $200 million. The delegation also conveyed its intent to encourage additional Saudi investors to explore opportunities in Pakistan.
Minister Qaiser Ahmed Sheikh, drawing on his business background, said he understood investor expectations and regulatory requirements. He emphasised that Pakistan offers attractive prospects for joint ventures and long-term partnerships.
With a population exceeding 250 million, Pakistan presents a sizable domestic market. The minister also highlighted the country’s strategic geographic location, offering access to Central Asian states and positioning Pakistan as a gateway for regional trade and investment.
